Synchrony Financial (SYF) director granted 883 restricted stock units

Rhea-AI Filing Summary

ELLINGER DEBORAH G reported acquisition or exercise transactions in this Form 4 filing.

Synchrony Financial director Deborah G. Ellinger received an award of 883 shares of common stock in the form of restricted stock units. The award is valued at $68.02 per share and increases her direct holdings to 1,546 shares of Synchrony Financial common stock.

The restricted stock units will vest in full on March 31, 2027. Each unit represents a contingent right to receive one share of Synchrony Financial common stock, meaning Ellinger will receive the underlying shares only if the vesting conditions are satisfied.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ELLINGER DEBORAH G

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	883	$68.02	$60K

Holdings After Transaction: Common Stock — 1,546 shares (Direct)

Footnotes (1)

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Key Figures

Restricted stock units granted: 883 units Grant value per unit: $68.02 per share Total shares after transaction: 1,546 shares +1 more

4 metrics

Restricted stock units granted 883 units Award of common stock equivalent units to director

Grant value per unit $68.02 per share Reported value for restricted stock unit grant

Total shares after transaction 1,546 shares Director’s reported holdings following the grant

Vesting date March 31, 2027 Date when restricted stock units vest in full

Key Terms

restricted stock units, contingent right, beneficially own

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.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial common stock."

beneficially own financial

"total_shares_following_transaction: 1546.0000"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ELLINGER DEBORAH G

(Last) (First) (Middle)

C/O SYNCHRONY FINANCIAL

777 LONG RIDGE ROAD

(Street)

STAMFORD CONNECTICUT 06902

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Synchrony Financial [ SYF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026(1)		A		883	A	$68.02	1,546	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units that 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.

Remarks:

	/s/ Danielle Do, as attorney-in-fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SYF director Deborah G. Ellinger report?

Deborah G. Ellinger reported acquiring 883 restricted stock units of Synchrony Financial common stock. The grant is a compensation-related award and not an open-market purchase, reflecting equity-based pay rather than a discretionary stock buy in the market.

At what price were Deborah G. Ellinger’s SYF restricted stock units valued?

The 883 restricted stock units were valued at $68.02 per share. This value is used to calculate the grant’s dollar amount for reporting, even though the units are not purchased on the open market and will settle into shares upon vesting.

When do Deborah G. Ellinger’s SYF restricted stock units vest?

The restricted stock units granted to Deborah G. Ellinger will vest in full on March 31, 2027. Vesting means she will become entitled to receive one share of Synchrony Financial common stock for each unit at that future date.

How many Synchrony Financial shares does Deborah G. Ellinger hold after this grant?

Following the award, Deborah G. Ellinger is reported to beneficially own 1,546 shares of Synchrony Financial common stock. This total includes the newly granted 883 restricted stock units, which will convert into shares when they fully vest in March 2027.

Is Deborah G. Ellinger’s SYF transaction a market buy or a compensation grant?

The transaction is a grant of restricted stock units as compensation, not an open‑market stock purchase. It is reported with transaction code “A,” which denotes a grant, award, or other acquisition rather than a discretionary buy or sell in the market.