| Discover Financial Services, a bank holding company, provides direct banking and payment services in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover card-branded credit cards to individuals and small businesses on the Discover Network. This segment also provides other consumer banking products and services, including private student loans, personal loans, home loans, and prepaid cards; and other consumer lending and deposit products, such as certificates of deposit, money market accounts, online savings accounts, and individual retirement account certificates of deposit. The Payment Services segment operates PULSE, an automated teller machine, debit, and electronic funds transfer network; and Diners Club, a global payments network, as well as a network partners business, which includes credit, debit, and prepaid cards issued on the Discover Network by third parties. Discover Financial Services has a strategic alliance Network International LLC that will allow acceptance of Mercury Network Cards on Discover, Diners Club International, and PULSE networks for international purchases and cash access outside of the United Arab Emirates. The company was incorporated in 1960 and is based in Riverwoods, Illinois. |
| Insider Trading |
Relationship |
Date |
Transaction |
Cost |
#Shares |
Value ($) |
#Shares Total |
SEC Form 4 |
| NELMS DAVID W | Chairman and CEO | Apr 30 | Sale | 43.87 | 75,000 | 3,290,250 | 1,822,650 | May 02 11:10 AM | | HOCHSCHILD ROGER C | President and COO | Apr 25 | Option Exercise | 18.05 | 100,000 | 1,805,000 | 1,170,637 | Apr 26 11:12 AM | | SMITH E FOLLIN | Director | Apr 25 | Sale | 44.35 | 10,081 | 447,092 | 44,935 | Apr 26 11:13 AM | | HOCHSCHILD ROGER C | President and COO | Apr 25 | Sale | 44.19 | 68,849 | 3,042,437 | 1,070,637 | Apr 26 11:12 AM | | Offereins Diane E | Executive Vice President | Dec 31 | Sale | 38.02 | 31,307 | 1,190,292 | 436,866 | Dec 31 02:35 PM | | HOCHSCHILD ROGER C | President and COO | Dec 28 | Option Exercise | 18.05 | 170,000 | 3,068,500 | 1,178,396 | Dec 31 02:36 PM | | Offereins Diane E | Executive Vice President | Dec 28 | Sale | 38.18 | 68,693 | 2,622,699 | 468,173 | Dec 31 02:35 PM | | HOCHSCHILD ROGER C | President and COO | Dec 27 | Sale | 37.66 | 138,706 | 5,223,668 | 1,008,396 | Dec 31 02:36 PM | | Schneider Glenn P | SVP & CIO | Dec 26 | Sale | 38.71 | 4,989 | 193,124 | 46,073 | Dec 26 04:54 PM | | Minetti Carlos | Executive Vice President | Dec 24 | Option Exercise | 18.87 | 63,584 | 1,199,830 | 477,343 | Dec 26 04:53 PM | | Corley Kathryn McNamara | EVP,General Counsel&Secretary | Dec 24 | Sale | 38.63 | 25,000 | 965,750 | 270,958 | Dec 26 04:55 PM | | Minetti Carlos | Executive Vice President | Dec 24 | Sale | 38.77 | 91,790 | 3,558,832 | 385,553 | Dec 26 04:53 PM | | Offereins Diane E | Executive Vice President | Oct 01 | Option Exercise | 18.87 | 67,159 | 1,267,290 | 604,025 | Oct 03 02:33 PM | | Talwar Harit | Executive Vice President | Oct 01 | Option Exercise | 18.05 | 67,456 | 1,217,581 | 414,204 | Oct 03 02:34 PM | | NELMS DAVID W | Chairman and CEO | Oct 01 | Option Exercise | 23.42 | 237,880 | 5,571,525 | 2,078,341 | Oct 03 02:34 PM | | HOCHSCHILD ROGER C | President and COO | Oct 01 | Sale | 39.80 | 100,000 | 3,980,000 | 1,147,402 | Oct 03 02:35 PM | | NELMS DAVID W | Chairman and CEO | Oct 01 | Sale | 39.83 | 237,880 | 9,474,322 | 1,964,485 | Oct 03 02:34 PM | | Talwar Harit | Executive Vice President | Oct 01 | Sale | 39.76 | 67,456 | 2,682,051 | 346,748 | Oct 03 02:34 PM | | Offereins Diane E | Executive Vice President | Oct 01 | Sale | 39.67 | 67,159 | 2,664,198 | 536,866 | Oct 03 02:33 PM | | Moskow Michael H | Director | Jul 11 | Sale | 34.70 | 4,000 | 138,800 | 54,101 | Jul 13 08:41 AM | | Minetti Carlos | Executive Vice President | Jul 05 | Sale | 35.40 | 14,475 | 512,415 | 413,759 | Jul 06 01:52 PM | | Panzarino James V | EVP,Chief Credit Risk Officer | Jun 29 | Sale | 34.26 | 40,000 | 1,370,400 | 146,179 | Jul 03 02:39 PM |
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