{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-259868","form_type":"8-K","ticker":"SYF","cik":"0001601712","company_name":"Synchrony Financial","filed_at":"2026-06-05T21:00:30+00:00","discovered_at":"2026-06-05T21:02:00.239789+00:00","generated_at":"2026-06-05T21:05:10.566193+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Synchrony Financial issues 500,000 depositary shares of 7.250% Series C perpetual preferred stock","bullets":["Issued 500,000 depositary shares, each representing 1/100th interest in a share of 7.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C.","Underwriting agreement dated June 2, 2026 with BofA Securities, Barclays Capital and Morgan Stanley for public offering.","Dividend and repurchase restrictions apply if prior-period Series C dividend not declared or paid.","Certificate of Designations filed June 4, 2026 amending Amended and Restated Certificate of Incorporation."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-259868","json":"https://secwatch.observer/filing/0001193125-26-259868.json","markdown":"https://secwatch.observer/filing/0001193125-26-259868.md","text":"https://secwatch.observer/filing/0001193125-26-259868.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601712/000119312526259868/0001193125-26-259868-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601712/000119312526259868/d244139d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:05:10.566193+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0c63a3af9a457cf55b33e5a7c2f46371558c9242","claim":"Synchrony Financial: Filed Certificate of Designations establishing Series C Preferred Stock, amending Amended and Restated Certificate of Incorporation (effective 2026-06-04).","evidence_excerpt":"The Certificate of Designations became effective upon filing with the Secretary of State of the State of Delaware and it amends the Company’s Amended and Restated Certificate of Incorporation.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1601712/000119312526259868/0001193125-26-259868-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-06-04"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}