SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.
Open-market buys and sells only — the deliberate trades. Zero here doesn’t mean no filings: grants, option exercises and tax withholding (below) are compensation, not market trades.
| Insider | Role | Date | Transaction | Shares | Value |
|---|---|---|---|---|---|
| AGUIRRE FERNANDO | Director | 2026-08-17 | Grant/award | 14 | $1K |
| Alves Paget Leonard | Director | 2026-08-17 | Grant/award | 157 | $13K |
| COLAO DANIEL O | Director | 2026-08-17 | Grant/award | 14 | $1K |
| COVIELLO ARTHUR W JR | Director | 2026-08-17 | Grant/award | 14 | $1K |
| COVIELLO ARTHUR W JR | Director | 2026-08-17 | L | 11 | $887 |
| Casellas Alberto | See remarks | 2026-08-17 | Grant/award | 182 | $15K |
| Chytil Kamila K | Director | 2026-08-17 | Grant/award | 14 | $1K |
| DOUBLES BRIAN D | See remarks, Director | 2026-08-17 | Grant/award | 1001 | $81K |
| ELLINGER DEBORAH G | Director | 2026-08-17 | Grant/award | 10 | $808 |
| GUTHRIE ROY A | Director | 2026-08-17 | Grant/award | 156 | $13K |
| Gentleman Courtney | See remarks | 2026-08-17 | Grant/award | 79 | $6K |
| Howse Curtis | See remarks | 2026-08-17 | Grant/award | 182 | $15K |
| Juel Carol | See remarks | 2026-08-17 | Grant/award | 218 | $18K |
| MOTHNER JONATHAN S | See remarks | 2026-08-17 | Grant/award | 218 | $18K |
| NAYLOR JEFFREY G | Director | 2026-08-17 | Grant/award | 203 | $16K |
| Owens Darrell | See remarks | 2026-08-17 | Grant/award | 70 | $6K |
| Parker P.W. | Director | 2026-08-17 | Grant/award | 14 | $1K |
| Richie Laurel | Director | 2026-08-17 | Grant/award | 138 | $11K |
| Tiliakos Amy | See remarks | 2026-08-17 | Grant/award | 49 | $4K |
| Wenzel Brian J. Sr. | See remarks | 2026-08-17 | Grant/award | 272 | $22K |
Fiscal period ending 2025-12-31 versus 2024-12-31 — view filing on EDGAR →
Regulatory pressure, liquidity deterioration, and competitive disruption are converging simultaneously: interchange caps are now concrete, the $500M revolving credit facility matured unreplaced, undrawn facilities fell 19%, and net interest income swung to negative. Credit quality is visibly eroding—consumer installment loan 90+ day delinquencies rose 70%—while new competitive threats from BNPL, stablecoins, and agentic AI commerce escalate structural revenue risk. The CFPB late-fee injunction provides partial offset, but the breadth of worsening across liquidity, credit, regulation, and competition leaves the overall risk picture materially worse.
8 company-specific · 1 eased/removed · 5 common-mode
Visa/Mastercard settlement imposes concrete interchange caps and rate reductions (10 bps for 5 years, 125 bps cap on standard consumer cards), plus merchant optionality to reject card types and impose surcharges—materially escalating regulatory risk beyond prior year's general discussion.
Reductions in interchange fees and changes to the regulations governing such fees, could have a material adverse impact on our business and results of operations. Merchants generally pay a merchant…
Net interest income swung from +$87M to -$6M; interest income fell 21% while expense rose. Dividend income surged but other income collapsed 87%, signaling material cash flow deterioration.
2025 2024 2023 Interest income: Interest income from subsidiaries $ 300 $ 365 $ 355 Interest on cash and debt securities 19 41 34 Total interest income 319 406 389 Interest expense: Interest on…
New disclosure of CFPB late-fee rule implementation, vacatur, and resulting product/pricing changes creating operational and regulatory risks.
Our business is heavily concentrated in U.S. consumer credit, and therefore our results are more susceptible to market fluctuations and legislative and regulatory developments in that market than a…
Stress capital buffer now applies immediately (2.5% floor) rather than pending 2026 test. New annual recalculation from 2028 onward increases capital requirement uncertainty and dividend/buyback constraints.
Savings and Loan Holding Company Regulation Overview As a savings and loan holding company, we are required to register and file periodic reports with, and are subject to regulation, supervision and…
Consumer installment loan delinquencies and charge-offs increased materially. 90+ days delinquent rose 70% ($23M to $39M); 30-89 days delinquent rose 45% ($96M to $139M). Deteriorating credit quality signals higher credit risk.
2024 2023 2022 2021 2020 Prior Total Amortized cost basis $ 2,581 $ 1,761 $ 1,005 $ 424 $ 166 $ 34 $ 5,971 30-89 days delinquent $ 47 $ 44 $ 30 $ 12 $ 5 $ 1 $ 139 90 or more days delinquent $ 13 $ 13…
$500M unsecured revolving credit facility matured in July 2025 with no replacement disclosed. Federal Reserve discount window capacity also declined $1.5B year-over-year, reducing total liquidity cushion.
Additional Sources of Liquidity We have undrawn committed and uncommitted capacity under our credit facilities from private lenders under our securitization programs, subject to customary borrowing…
Undrawn credit facilities declined from $2.6B to $2.1B (19% reduction). Removal of unsecured revolving credit facility reference signals reduced liquidity cushion and tighter funding access.
Adverse financial market conditions or our inability to effectively manage our funding and liquidity risk could have a material adverse effect on our funding, liquidity and ability to meet our…
New resolution planning requirement for $100B+ asset institutions; Bank now subject to FDIC resolution plan filing and enforcement risk.
Dividends and Stock Repurchases OCC regulations limit the ability of savings associations to make distributions of capital, including payment of dividends, stock redemptions and repurchases, cash-out…
CFPB late-fee rule risk removed. Court injunction held; rule did not become effective. $2.5B annual late-fee income no longer at material regulatory risk.
The CFPB's final rule on credit card late fees, if implemented, would likely materially adversely affect our business and results of operations. On March 5, 2024, the CFPB issued a final rule…
New disclosure of AI-enabled fraud risk (deepfakes, false identities) and operational fraud from product launches/partner changes. Escalates fraud threat sophistication.
Fraudulent activity associated with our products and services could negatively impact our operating results, brand and reputation and cause the use of our products and services to decrease and our…
New specific risk disclosed: potential credit card interest rate caps under policy discussion. Also heightened CFPB uncertainty and state enforcement escalation risk.
Regulatory Risks Our business is subject to government regulation, supervision, examination and enforcement, which could adversely affect our business, results of operations and financial condition.…
New competitive threats disclosed: payment processors (Stripe, Adyen), multi-source financing platforms, and emerging agentic AI commerce technology. Escalated risk of losing merchant relationships and growth opportunities to competitors with advantaged positions in these emerging channels.
Competition for partner relationships in the consumer finance industry is intense. The success of our business depends on our ability to retain existing partners and attract new partners. The…
New competitive threats added: stablecoins as payment alternative, AI shopping agents autonomously selecting payment methods, and disintermediation risk. Regulatory disadvantage risk also expanded.
Competitive dynamics in the consumer credit and payments industry may adversely impact our ability to attract and retain customers, and the utilization of our products. Our success depends on our…
New disclosure of competitive threat from non-bank BNPL providers (Affirm, Afterpay, Klarna) reducing customer repayment ability and increasing default risk.
Our business depends on our ability to successfully manage our credit risk, and failing to do so may result in high charge-off rates. Our success depends on our ability to manage our credit risk…
Synchrony Financial entered into an underwriting agreement on July 28, 2026 to issue $600 million of 5.450% Fixed-to-Floating Rate Senior Notes due 2030 and $500 million of 6.276% Fixed-to-Floating Rate Senior Notes due 2037, totaling $1.1 billion in new debt. This is a material creation of direct financial obligations disclosed under Item 8.01 (Other Events), representing a significant capital-raising transaction that would affect a reasonable investor's assessment of the company's leverage and financial position.
View raw filing on EDGAR →The filing discloses Synchrony Financial's second quarter 2026 earnings results via a press release dated July 21, 2026, reporting net earnings of $885 million ($2.59 per diluted share) and key financial metrics including purchase volume, loan receivables, and return on assets. This is a standard quarterly earnings disclosure under Item 2.02, furnished as Exhibit 99.1.
View raw filing on EDGAR →Carol Juel has been appointed as Executive Vice President and Chief Executive Officer of Synchrony's Digital platform, succeeding retiring Bart Schaller. Florin Arghirescu has been promoted to EVP and Chief Technology Officer, and DJ Casto has been expanded to EVP, Chief People and Operations Officer. These appointments and promotions represent material changes to the company's executive leadership structure.
View raw filing on EDGAR →This is a clear Item 5.07 disclosure of shareholder voting results from Synchrony Financial's 2026 Annual Meeting held on June 24, 2026. The filing reports detailed vote tallies for three proposals: election of all 12 directors, ratification of KPMG LLP as independent auditor, and advisory approval of named executive officer compensation. All three proposals passed with substantial majorities, making this a routine but material governance disclosure that affects investor understanding of board composition and shareholder sentiment.
View raw filing on EDGAR →Synchrony Financial issued 500,000 depositary shares representing Series C Preferred Stock (7.250% Fixed Rate Reset Non-Cumulative Perpetual) on June 5, 2026 pursuant to an underwriting agreement dated June 2, 2026. The offering was registered and resulted in material shareholder dilution and capital raising.
View raw filing on EDGAR →