Discover Financial Services (DFS) executive Hellen returned to the company 22,005 shares

Insider transactions reported

Amy Hellen (EVP, Chief Risk Officer at Discover Financial Services, DFS) reported that they returned to the company 22,005 shares on May 18, 2025. After these transactions the filing shows 0 shares held directly.

Reporting person

Hellen Amy

Role

EVP, Chief Risk Officer

Holdings before and after

• Common Stock: 22,005 to 0 direct

Footnotes from the filing

1. 1. Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 19, 2024, by and among the Issuer, Capital One Financial Corporation ( Capital One ), and Vega Merger Sub, Inc. ( Merger Sub ) (the Merger Agreement ). Pursuant to the terms of the Merger Agreement, at the effective time of the merger (the Effective Time ) between the Issuer and Merger Sub (the Merger ), each share of Issuer common stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive 1.0192 shares of Capital One common stock (the Exchange Ratio ). The Merger closed on May 18, 2025 (the Closing Date ). The closing price of Capital One common stock on the New York Stock Exchange on the last trading day prior to the Closing Date was $197.22. All fractional shares were paid in cash.
2. 2. Includes 14,363 shares of Issuer common stock in respect of restricted stock unit awards (the Issuer RSU Awards ). Pursuant to the Merger Agreement, at the Effective Time, each Issuer RSU Award outstanding immediately prior to the Effective Time was converted into a Capital One restricted stock unit award in respect of that number of shares of Capital One common stock (rounded to the nearest whole share) equal to the product of (i) the total number of shares of Issuer common stock subject to the Issuer RSU Award immediately prior to the Effective Time multiplied by (ii) the Exchange Ratio, and which is otherwise be subject to the same terms and conditions as applied to the corresponding Issuer RSU Award immediately prior to the Effective Time.
3. 3. As a result of the Merger, the Reporting Person no longer beneficially owns, directly or indirectly, any shares of Issuer common stock.

Transaction codes in this filing

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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