SNV SYNOVUS FINANCIAL CORP Insider Trading

Director Montana Gregory G buys 1,000 SNV shares at $45.37 on 2025-10-20; stock now -22.6% from 52-week high.

Director Montana Gregory G purchased 1,000 shares of Synovus Financial at $45.37, increasing his holdings by 22.4% to 5,464 shares. The purchase comes at a material discount to the 52-week high of $59.60, with the stock down 20.4% over the past 90 days and 9.6% in the past 30 days. The company's annual revenue contracted 15.6% year-over-year while carrying a low P/E of 8.16, suggesting significant headwinds despite modest per-share earnings. While Gregory's prior open-market buy at this ticker in July yielded a positive 30-day return of 10.4%, the company's deteriorating revenue trend and price weakness warrant monitoring of whether subsequent outcomes validate the purchase timing.

EVP Thomas Dierdorff executed offsetting SNV trades: 6.2K shares sold at $50.53, 6.2K bought at $50.56 same-day

Dierdorff executed two offsetting Form 4 transactions on 2025-08-28: selling 6,200 shares at $50.53 and buying 6,200 shares at $50.56, resulting in a net position of 20,954 shares. The trades were executed at virtually identical prices (3-cent spread) within the same day, suggesting a technical portfolio adjustment rather than a directional conviction signal. His prior trades at Synovus show mixed results—while 2 of 4 prior trades at SNV were well-timed at the 90-day mark, the most recent pair (2025-01-28 buy and sell) resulted in -6.9% 30-day and -20.9% 90-day returns. With the company trading at a P/E of 9.13 and annual revenue declining 15.6% year-over-year, the offsetting trade pattern offers limited insight into management confidence in the stock direction.

EVP/Chief Risk Officer Creson Shellie buys 1,000 SNV shares at $47.79; 5-insider cluster buy in past 14 days.

Creson Shellie, EVP and Chief Risk Officer of Synovus Financial, purchased 1,000 shares at $47.79 on 2025-08-05, increasing his holdings to 27,258 shares. His prior buy at SNV in May 2023 generated a 90-day return of +18.6%, demonstrating well-timed entry on the prior occasion. The current purchase occurs at a price 19.9% below the 52-week high of $59.60, reflecting recent weakness; the stock is down 12.5% over the past 30 days. Most significantly, this buy is part of a 5-insider cluster pattern within the past 14 days, suggesting coordinated or synchronized conviction among multiple executives despite the stock's recent decline. The company maintains strong profitability with $217.7M in net income on $251.0M quarterly revenue, though annual revenue contracted 15.6% year-over-year and the P/E of 8.45 reflects depressed market sentiment.

Director Bentsen buys 1,074 shares of SNV at $46.44; 4 other insiders also bought within 14 days as stock down 21.2% from 52-week high.

Director Bentsen Tim E purchased 1,074 shares at $46.44, increasing his holdings to 41,172 shares, in a transaction valued at $49,876.56. This purchase occurs as part of a broader cluster pattern: 4 other insiders also acquired shares within the past 14 days. The stock trades 21.2% below its 52-week high of $59.60 and has declined 14.8% over the past 30 days, though it has recovered 5.2% over 90 days. SNV's recent financial performance shows revenue of $251,030,000.00 in the latest quarter and net income of $195,014,000.00, though annual revenue growth was -15.6% year-over-year. The convergence of multiple insider purchases during a period of elevated drawdown from highs and declining near-term performance warrants examination of whether insiders view current valuations as attractive relative to fundamentals.

Director Montana Gregory G bought 1,000 shares of SNV at $46.74; 3 other insiders also bought within 14 days, signaling cluster activity.

Director Montana Gregory G purchased 1,000 shares of SYNOVUS FINANCIAL CORP at $46.74, increasing his holdings by 29.9% from 3,341 to 4,341 shares. The transaction occurred on 2025-07-31, and notably, 3 other insiders also bought within the past 14 days, forming a cluster buy pattern that suggests coordinated or related confidence from multiple board/executive members. The stock currently trades at $46.55, down 21.9% from its 52-week high of $59.60 and down 15.3% over the past 30 days, placing this purchase near recent weakness. The company carries a P/E of 11.70 and annual revenue growth of -15.6%, warranting investor attention to whether the insider cluster reflects conviction in a turnaround or other strategic factors.

Director MURPHY DIANA M buys 1,000 shares of SNV at $48.80; 2nd insider purchase in 14 days amid -17.6% decline from 52-week high.

Director Murphy purchased 1,000 shares at $48.80, raising her holdings to 40,171 shares. The transaction follows a favorable 90-day prior outcome at SNV (her prior buy returned +24.9% over 90 days), though that trade occurred in May 2023—a material time gap. SNV has declined 17.6% from its 52-week high and 5.0% over the past 30 days, though the stock is up 13.3% over 90 days. The CLUSTER pattern shows 2 other insiders also bought within the past 14 days, suggesting coordinated appetite among the board or executive team at a depressed price level. The company's fundamentals show a 15.6% annual revenue decline and modest 12.34 P/E, warranting scrutiny into whether the recent price weakness reflects market repricing of fundamentals or a temporary dislocation.

SNV CEO Blair Kevin S. purchases 4,040 shares at $49.40; shares now at $49.10. Cluster buy pattern: 2 other insiders bought within 14 days.

Kevin S. Blair, the President and CEO, purchased 4,040 shares at $49.40 on 2025-07-29, expanding his holdings from 160,338 to 164,378 shares. The current price of $49.10 is 17.6% below the 52-week high of $59.60, positioning this purchase in a depressed window relative to recent trading range. Notably, this purchase occurs within a broader insider cluster pattern—two other insiders also acquired shares within the past 14 days—suggesting coordinated or contemporaneous conviction among leadership. The CEO's track record across all open-market buys shows an average 90-day return of +25.6% with a 100% win rate, and his single prior purchase of SNV stock on 2023-05-04 delivered +25.6% over 90 days, indicating a pattern of well-timed acquisition entry points. The company's fundamentals show a P/E of 12.34 against a market cap of $6.8B, though annual revenue growth has declined 15.6% year-over-year.

CFO Gregory Andrew J. Jr. buys 2,000 SNV shares at $48.90; 2 other insiders bought in past 14 days (cluster pattern)

CFO Gregory Andrew J. Jr. purchased 2,000 shares of SYNOVUS FINANCIAL CORP at $48.90 on 2025-07-29, adding to his existing 56,220 shares. This open-market buy coincides with a cluster pattern: 2 other insiders also bought within the past 14 days. Individually, this transaction represents a 3.6% net addition to his holdings and occurs at a price 17.6% below the 52-week high, though the stock has declined 5.0% over the past 30 days. Reviewing his same-ticker history at SNV, 2 of his 3 prior trades demonstrated positive 90-day returns (well-timed buys in 2024 and 2023), suggesting some pattern of favorable entry timing at this specific ticker. The company trades at a P/E of 12.34 with a market cap of $6.8B, though annual revenue growth stands at -15.6%.

EVP Thomas T Dierdorff executed offsetting transactions (1,680 shares sold and repurchased at $55.03) on same day at SYNOVUS FINANCIAL CORP

On 2025-01-28, Dierdorff executed 2 separate transactions in the same filing: sold 1,680 shares at $55.03 for $92,450.40 and bought 1,680 shares at $55.03 for $92,450.40, resulting in no net position change. This wash transaction leaves his holdings at 13,471 shares post-transaction. The matched buy and sell at identical price and volume on the same day is characteristic of a routine exercise or scheduled plan adjustment rather than a discretionary conviction signal. No FLAG data is present to clarify the trading plan status, and the timing context is limited: SNV is trading at $56.51 (up 10.3% over 30 days and up 14.4% over 90 days), but the identical execution price rules out any assertion about market timing. His cross-ticker track record shows modest historical accuracy (1 prior buy with 90d win rate 100%, but 1 prior sell with 0% well-timed rate), though this particular same-ticker history offers limited sample size (2 prior trades in October).

EVP Kevin Joseph sold 15,750 SNV shares at $58.02, bought 7,500 at $58.00; net sold 8,250 shares (-13.3% holdings)

Kevin Joseph, EVP and Chief Wholesale Bank Officer at Synovus Financial, executed 2 separate transactions on 2024-11-27: a sale of 15,750 shares for $913,815.00 and a purchase of 7,500 shares for $435,000.00, resulting in a net reduction of 8,250 shares from his post-transaction holdings of 53,990 shares. The sale prices ($58.02) align closely with the purchase prices ($58.00), suggesting a contemporaneous pair trade executed on the same day. With Synovus trading at $56.67 currently—3.5% below its 52-week high of $58.73 and up 26.0% over 90 days—the transaction occurred near recent highs. The company reports annual revenue growth of -15.6% year-over-year alongside quarterly net income of $181,555,000.00, indicating a mature financial institution navigating a contracting revenue environment. The net 13.3% reduction in his holdings warrants tracking to establish whether this represents an isolated rebalancing action or part of a broader disposition pattern.