Synchrony Financial — Director's Dealing 2025

Nov 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Synchrony Financial (SYF)
CIK: 0001601712
Period of Report: 2025-11-03

Reporting Person: Casellas Alberto (See remarks)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-03	Phantom Stock Units	$	I	11706	Disposed		Common Stock (11706)	Direct

Footnotes

F1: Phantom stock units held by the Reporting Person in the Synchrony Financial Restoration Plan, an excess benefit plan pursuant to Rule 16b-3(b)(2) (the "Restoration Plan"). Each phantom stock unit is the economic equivalent of one share of Synchrony Financial common stock.

F2: Phantom stock units acquired under the Restoration Plan will be settled, in cash, the month following the six-month anniversary of the Reporting Person's separation from Synchrony Financial unless otherwise provided by the terms of the Restoration Plan or elected by the Reporting Person.

F3: The Reporting Person transferred the cash value of 11,706 phantom stock units to an alternative investment option within the Reporting Person's Restoration Plan account. The disposition was valued based on the closing price of Synchrony Financial common stock on November 3, 2025, $74.01.