WIBBENMEYER NICHOLAS ANDREW 4

What Happened

• Nicholas Andrew Wibbenmeyer, West Regional President & CIO of Regency Centers (REG), had performance shares and restricted stock vest on Feb 12, 2026. A total of 17,345 shares were converted/issued (derivative exercise/conversion).
• To cover tax withholding on the vesting, 9,418 shares were surrendered at $73.40 per share, equal to $691,281. The vesting included 1,943 shares that accrued as dividends and vested with the awards.
• This was a routine vesting/derivative conversion with shares withheld for taxes — not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-12 (reported on Form 4 filed 2026-02-17).
• Primary entries: exercise/conversion of derivative awards (code M) totaling 17,345 shares; payment/tax withholding (code F) of 9,418 shares at $73.40/share ($691,281).
• Footnotes: F1 — 1,943 shares were dividend-accrued shares that vested; F2 — transaction reflects vesting of performance shares and restricted stock.
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: filing date is Feb 17 for a Feb 12 transaction (Form 4 filed); the report does not state any 10b5‑1 plan or other special sale plan.

Context

• Code M indicates conversion/exercise of derivative awards (here, vesting of performance/restricted stock). Code F indicates shares were surrendered to satisfy tax withholding — a routine administrative step, not a market sale.
• For retail investors: vesting + withholding transactions show compensation being realized by the insider but do not, by themselves, signal a buy or sell opinion on the stock.