Bart Schaller - 01 Mar 2025 Form 4 Insider Report for Synchrony Financial (SYF)

Reporting relationship: EVP, CEO--Digital
Issuer ticker: SYF
Reported as of: 01 Mar 2025
Net transaction value: -$3,111,123
SEC form: 4
Accepted by SEC: 04 Mar 2025, 19:19:43 UTC
Prior SEC filing: 20 Feb 2025
Next SEC filing: 19 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Danielle Do as attorney in fact

Key filing fact

Bart Schaller filed Form 4 for Synchrony Financial (SYF) on 04 Mar 2025.

Key facts

This page summarizes Bart Schaller's Form 4 filing for Synchrony Financial (SYF).
11 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 04 Mar 2025, 19:19.

Change

Previous filing in this sequence was filed on 20 Feb 2025.
Current net transaction value: -$3,111,123.

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.

SYF transaction

Common Stock

Award

Transaction value: $1,009,715
Shares: +16,640
Change %: +20%
Price: $60.68
Shares after: 98,537
Date: 01 Mar 2025
Ownership: Direct
Footnotes: F1

SYF transaction

Common Stock

Tax liability

Transaction value: $659,288
Shares: -10,865
Change %: -11%
Price: $60.68
Shares after: 87,672
Date: 01 Mar 2025
Ownership: Direct
Footnotes: F2

SYF transaction

Common Stock

Options Exercise

Transaction value: $495,738
Shares: +14,453
Change %: +16%
Price: $34.30
Shares after: 102,125
Date: 03 Mar 2025
Ownership: Direct
Footnotes: F3

SYF transaction

Common Stock

Options Exercise

Transaction value: $487,794
Shares: +14,548
Change %: +14%
Price: $33.53
Shares after: 116,673
Date: 03 Mar 2025
Ownership: Direct
Footnotes: F3

SYF transaction

Common Stock

Sale

Transaction value: $604,518
Shares: -10,528
Change %: -9%
Price: $57.42
Shares after: 106,145
Date: 03 Mar 2025
Ownership: Direct
Footnotes: F3, F4

SYF transaction

Common Stock

Sale

Transaction value: $614,504
Shares: -10,490
Change %: -9.9%
Price: $58.58
Shares after: 95,655
Date: 03 Mar 2025
Ownership: Direct
Footnotes: F3, F5

SYF transaction

Common Stock

Sale

Transaction value: $2,252,936
Shares: -38,005
Change %: -40%
Price: $59.28
Shares after: 57,650
Date: 03 Mar 2025
Ownership: Direct
Footnotes: F3, F6

SYF transaction

Common Stock

Sale

Transaction value: $960,906
Shares: -15,888
Change %: -28%
Price: $60.48
Shares after: 41,762
Date: 03 Mar 2025
Ownership: Direct
Footnotes: F3, F7

SYF transaction

Common Stock

Sale

Transaction value: $12,218
Shares: -200
Change %: -0.48%
Price: $61.09
Shares after: 41,562
Date: 03 Mar 2025
Ownership: Direct
Footnotes: F3, F8

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SYF transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -14,453
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 03 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,453
Exercise price: $34.30
Footnotes: F3, F9

SYF transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -14,548
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 03 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,548
Exercise price: $33.53
Footnotes: F3, F10

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 10 footnotes

Footnote F1

Represents restricted stock units that will vest in three equal annual installments of 33.33% each, beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial (the "Company") common stock.

Footnote F2

Reflects the number of shares of Company common stock automatically withheld by the Company to pay the tax liability of the reporting person in connection with the vesting of restricted stock units. No investment decision was made by the reporting person in connection with the withholding.

Footnote F3

These transactions were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 21, 2024.

Footnote F4

This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.97 to $57.94. Information regarding the number of shares sold at each price will be provided upon request.

Footnote F5

This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.97 to $58.92. Information regarding the number of shares sold at each price will be provided upon request.

Footnote F6

This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.98 to $59.96. Information regarding the number of shares sold at each price will be provided upon request.

Footnote F7

This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.97 to $60.95. Information regarding the number of shares sold at each price will be provided upon request.

Footnote F8

This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.08 to $61.09. Information regarding the number of shares sold at each price will be provided upon request.

Footnote F9

The reporting person was awarded employee stock options on April 1, 2017, which vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.

Footnote F10

The reporting person was awarded employee stock options on April 1, 2018, which vest in five equal annual installments of 20% each, beginning on the first anniversary of the grant date.

SEC remarks

EVP, CEO--Digital