ROGER C. HOCHSCHILD - 14 Aug 2023 Form 4 Insider Report for Discover Financial Services (DFS)

Role
CEO and President, Director
Signature
/s/ Efie Vainikos as Attorney-in-Fact for Roger C. Hochschild
Issuer symbol
DFS
Transactions as of
14 Aug 2023
Transactions value $
$0
Form type
4
Filing time
16 Aug 2023, 17:21:38 UTC
Previous filing
05 Jul 2023
Next filing
03 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFS Common Stock Disposed to Issuer $0 -21.3K -2.32% $0.00 895K 14 Aug 2023 Direct F1, F2
holding DFS Common Stock 29.1K 14 Aug 2023 By Hochschild Remainder Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

ROGER C. HOCHSCHILD is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These restricted stock units were cancelled in connection with the reporting person's resignation as CEO and President of the issuer.
F2 Includes 80,876 shares subject to a non-recourse loan to the generation-skipping trust ("GST") for which the reporting person's spouse serves as trustee.
F3 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.