Greg Steube’s Spouse Continues To Stock Up on SNV

On February 16, Greg Steube’s spouse bought up to 1,363 shares of Synovus Financial Corp (SNV:US), where she is an insider. This trade, valued between $15,001 and $50,000, was listed as a sub-holding of an Employee stock plan distribution.

Greg Steube, a Republican Party member, has been serving as the representative for Florida's 17th Congressional District in the U.S. House since January 3, 2019. His present term is set to conclude on January 3, 2025. He is presently campaigning for re-election to the U.S. House, vying for the same district in the upcoming Republican primary slated for August 20, 2024.

The Representative’s spouse, Jennifer M. Steube, is an Insider at Synovus Financial Corp. Appointed as a Senior Trust Portfolio Manager, she specializes in providing trust management services. She has been in the Trust Industry since 2006 and started her career in the Financial Industry in 2000.

Previously, Rep. Steube’s spouse sold up to $15,000 worth of SNV shares in July 2023. Synovus Financial Corp. is set to reveal its first-quarter 2024 earnings outcomes following the market closure on Wednesday, April 17, 2024. In its fourth quarter 2023 results, Synovus reported diluted earnings per share of $0.41 compared to $1.35 in Q4 2022. While the net income was much lower year-on-year, Synovus' Chairman, CEO, and President, Kevin Blair, emphasized the bank's resilience and growth trajectory.

Other politicians who have traded SNV in the past include Rep. Ro Khanna; his spouse sold $15,000 worth of shares on June 14, 2023.

Steube has held diverse committee assignments throughout his career, encompassing positions on the Ways and Means, Oversight, Social Security, Trade, Foreign Affairs, Judiciary, Veterans' Affairs, and Oversight and Accountability Committees.