Michael G. Rhodes - 12 Apr 2024 Form 4 Insider Report for Discover Financial Services (DFS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Apr 2024, 16:31:36 UTC
Prior SEC filing
26 Feb 2024
Next SEC filing
30 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Efie Vainikos as Attorney-In-Fact for Michael G. Rhodes

Key filing fact

Michael G. Rhodes filed Form 4 for Discover Financial Services (DFS) on 16 Apr 2024.

Key facts

  • This page summarizes Michael G. Rhodes's Form 4 filing for Discover Financial Services (DFS).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 16 Apr 2024, 16:31.

Change

  • Previous filing in this sequence was filed on 26 Feb 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DFS transaction

Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-110,611
Change %
-100%
Price
$0.000000
Shares after
240
Date
12 Apr 2024
Ownership
Direct
Footnotes
F1
DFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
201
Date
12 Apr 2024
Ownership
By MC Rhodes Revocable Trust
Footnotes
F2
DFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
27
Date
12 Apr 2024
Ownership
By Michael Rhodes 2012 IND Trust
Footnotes
F3
DFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
19
Date
12 Apr 2024
Ownership
By Michael Rhodes 2012 INDEN Trust
Footnotes
F3
DFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
183
Date
12 Apr 2024
Ownership
By JP Cawley GST Ex Trust
Footnotes
F3
DFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
113
Date
12 Apr 2024
Ownership
By GST Cawley GST N-Ex Trust
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Michael G. Rhodes is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

These restricted stock units were cancelled in connection with the reporting person's resignation as CEO and President of the issuer effective April 1, 2024 and of employment effective April 12, 2024.

Footnote F2

These shares are held in a trust for the benefit of the reporting person's spouse. The reporting person's spouse is trustee of the trust.

Footnote F3

These shares are held in a trust for the benefit of the reporting person's spouse and children. The reporting person's spouse is trustee of the trust.

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