secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Financial (SYF)
CIK:        0001601712
Form:       8-K
Filed at:   2026-06-05T21:00:30+00:00
Accession:  0001193125-26-259868
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synchrony Financial issues 500,000 depositary shares of 7.250% Series C perpetual preferred stock
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601712/000119312526259868/0001193125-26-259868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601712/000119312526259868/d244139d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-259868

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