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David Melito Biography and Net Worth

Insider of Synchrony Financial

David P. Melito is Senior Vice President, Chief Accounting Officer, Controller of the Company. Mr. Melito as been our Senior Vice President, Chief Accounting Officer and Controller since February 2014 and has served as Controller for GE’s North American retail finance business since March 2009. From January 2008 to March 2009, Mr. Melito served as Global Controller, Technical Accounting for GE Capital Aviation Services. From January 2001 to January 2008, Mr. Melito served as Global Controller, Technical Accounting for GE Capital Commercial Finance. Prior to that, Mr. Melito worked in public accounting. Mr. Melito received a B.A. in Accounting from Queens College, City University of New York, and is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.

What is David P. Melito's net worth?: The estimated net worth of David P. Melito is at least $583,063.13 as of February 1st, 2024. Mr. Melito owns 14,183 shares of Synchrony Financial stock worth more than $583,063 as of April 18th. This net worth estimate does not reflect any other assets that Mr. Melito may own. Learn More about David P. Melito's net worth.
How old is David P. Melito?: Mr. Melito is currently 58 years old. There are 6 older executives and no younger executives at Synchrony Financial. The oldest executive at Synchrony Financial is Mr. Jonathan S. Mothner Esq., Executive VP & Chief Risk and Legal Officer, who is 60 years old. Learn More on David P. Melito's age.
How do I contact David P. Melito?: The corporate mailing address for Mr. Melito and other Synchrony Financial executives is 777 LONG RIDGE ROAD, STAMFORD CT, 06902. Synchrony Financial can also be reached via phone at (203) 585-2400 and via email at [email protected]. Learn More on David P. Melito's contact information.
Has David P. Melito been buying or selling shares of Synchrony Financial?: David P. Melito has not been actively trading shares of Synchrony Financial in the last ninety days. Most recently, David P. Melito sold 7,283 shares of the business's stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $38.99, for a transaction totalling $283,964.17. Following the completion of the sale, the insider now directly owns 14,183 shares of the company's stock, valued at $552,995.17. Learn More on David P. Melito's trading history.
Who are Synchrony Financial's active insiders?: Synchrony Financial's insider roster includes Alberto Casellas (Insider), Brian Doubles (Insider), Will Graylin (Director), Carol Juel (Insider), Margaret Keane (Insider), David Melito (Insider), P.W. Parker (Director), Bart Schaller (Insider), and Paul Whynott (Insider). Learn More on Synchrony Financial's active insiders.
Are insiders buying or selling shares of Synchrony Financial?: In the last year, insiders at the financial services provider sold shares 7 times. They sold a total of 204,960 shares worth more than $8,088,013.91. The most recent insider tranaction occured on March, 15th when insider Curtis Howse sold 6,179 shares worth more than $264,584.78. Insiders at Synchrony Financial own 0.7% of the company. Learn More about insider trades at Synchrony Financial.
Information on this page was last updated on 3/15/2024.

David P. Melito Insider Trading History at Synchrony Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/1/2024	Sell	7,283	$38.99	$283,964.17	14,183
8/9/2023	Sell	15,015	$35.00	$525,525.00	13,960
1/27/2022	Sell	9,351	$46.05	$430,613.55
4/5/2021	Sell	2,205	$42.16	$92,962.80	17,342
1/28/2021	Sell	4,737	$34.83	$164,989.71	26,812
7/10/2019	Sell	3,204	$36.00	$115,344.00	23,567
4/30/2019	Sell	6,014	$34.25	$205,979.50	29,476
4/26/2019	Sell	3,204	$34.00	$108,936.00	29,476
2/20/2019	Sell	3,204	$32.00	$102,528.00
1/31/2019	Sell	3,934	$30.00	$118,020.00	29,486
1/24/2019	Sell	3,204	$30.00	$96,120.00	40,313
5/21/2018	Sell	2,094	$35.60	$74,546.40
1/10/2018	Sell	2,000	$40.00	$80,000.00	39,259
12/4/2017	Sell	1,881	$38.00	$71,478.00	43,140
11/29/2017	Sell	2,580	$35.00	$90,300.00
4/5/2017	Sell	748	$34.24	$25,611.52	43,390
4/3/2017	Sell	600	$34.11	$20,466.00	45,455
1/4/2017	Sell	1,392	$38.00	$52,896.00	42,255
11/21/2016	Sell	2,159	$33.54	$72,412.86	40,863

David P. Melito Buying and Selling Activity at Synchrony Financial

Synchrony Financial Company Overview

Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts, and sweep and affinity deposits, as well as accepts deposits through third-party securities brokerage firms. In addition, it provides debt cancellation products to its credit card customers through online, mobile, and direct mail; and healthcare payments and financing solutions under the CareCredit and Walgreens brands; payments and financing solutions in the apparel, specialty retail, outdoor, music, and luxury industries, such as American Eagle, Dick's Sporting Goods, Guitar Center, Kawasaki, Pandora, Polaris, Suzuki, and Sweetwater. The company offers its credit products through programs established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers; and deposit products through various channels, such as digital and print. It serves digital, health and wellness, retail, home, auto, telecommunications, jewelry, pets, and other industries. The company was founded in 1932 and is headquartered in Stamford, Connecticut.

Today's Range

Now: $40.75

$39.85

$41.30

50 Day Range

MA: $41.12

$38.65

$43.48

2 Week Range

Now: $40.75

$26.59

$43.83

Volume

2,432,407 shs

Average Volume

4,383,967 shs

Market Capitalization

$16.58 billion

P/E Ratio

7.87

Dividend Yield

2.51%

Beta

1.61

Nvidia Has a BIG Problem — Here’s Who Benefits MOST

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