ROGER C. HOCHSCHILD - 02 Dec 2022 Form 4 Insider Report for Discover Financial Services (DFS)

Signature
/s/ Efie Vainikos as Attorney-in-Fact for Roger C. Hochschild
Issuer symbol
DFS
Transactions as of
02 Dec 2022
Transactions value $
-$69,248
Form type
4
Filing time
06 Dec 2022, 15:24:10 UTC
Previous filing
04 Oct 2022
Next filing
09 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFS Common Stock Tax liability -$69.2K -657 -0.08% $105.40 868K 02 Dec 2022 Direct F1
holding DFS Common Stock 29.1K 02 Dec 2022 By Hochschild Remainder Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy the tax withholding obligation incurred in connection with the satisfaction of the Company's retirement eligibility provision.
F2 These shares are held in a trust for the benefit of the reporting person's spouse and children. The reporting person's spouse is trustee of the trust.