Director Parker receives 883 RSUs in Synchrony Financial (NYSE: SYF)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Synchrony Financial director P.W. Parker received an equity grant of 883 shares of common stock in the form of restricted stock units. These units were valued at $68.02 per share for reporting purposes and will vest in full on March 31, 2027.
Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial common stock. After this award, Parker directly holds 33,672 shares, reflecting a routine compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parker P.W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 883 | $68.02 | $60K |
Holdings After Transaction:
Common Stock — 33,672 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 883 shares
Grant valuation price: $68.02 per share
Post-transaction holdings: 33,672 shares
+1 more
4 metrics
RSU grant size
883 shares
Restricted stock units awarded to director P.W. Parker
Grant valuation price
$68.02 per share
Value used for the RSU award on March 31, 2026
Post-transaction holdings
33,672 shares
Total common shares directly held after the award
Vesting date
March 31, 2027
Date when RSUs vest in full into common stock
Key Terms
restricted stock units, vest in full, contingent right
3 terms
restricted stock units financial
"Represents restricted stock units that will vest in full on March 31, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest in full financial
"Represents restricted stock units that will vest in full on March 31, 2027."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial common stock."
FAQ
What insider transaction did SYF director P.W. Parker report?
P.W. Parker reported receiving an award of 883 restricted stock units of Synchrony Financial common stock. This is a compensation-related equity grant, not an open-market purchase, and increases Parker’s direct holdings to 33,672 shares following the transaction.
At what price were the SYF restricted stock units reported?
The 883 restricted stock units were reported at a value of $68.02 per share. This figure is used for reporting and compensation valuation purposes, reflecting the grant-date value rather than an open-market trade price or cash transaction.
When do P.W. Parker’s SYF restricted stock units vest?
The restricted stock units granted to P.W. Parker will vest in full on March 31, 2027. Once vested, each unit entitles the holder to receive one share of Synchrony Financial common stock, assuming continued satisfaction of any applicable service conditions.
Is P.W. Parker’s SYF transaction a market purchase or a grant?
The transaction is a grant/award acquisition of restricted stock units, not an open-market purchase. It reflects routine director compensation in equity form, with units that will vest later into shares of Synchrony Financial common stock.