STEIN MARTIN E JR 4

What Happened Martin E. Stein, Executive Chairman and director of Regency Centers (REG), had 15,247 shares issued on Feb 12, 2026 as the result of the vesting/conversion of performance shares and restricted stock (reported as derivative exercises/conversions). To cover tax obligations, 6,072 shares were surrendered/withheld at an indicated value of $73.40 each (totaling $445,685). Additional entries show 1,743 shares were accrued as dividend-equivalent shares that vested and 13,504 shares were part of the vesting/settlement reporting.

Key Details

• Transaction date: February 12, 2026 (Form 4 filed Feb 17, 2026).
• Primary event: Vesting/conversion of performance shares and restricted stock (transaction code M).
• Tax/withholding: 6,072 shares withheld (code F) at $73.40 each = $445,685.
• Other entries: 1,743 dividend-accrued shares and 13,504 shares reported in conversion entries (see footnotes).
• Footnotes: F1 — 1,743 shares were dividend-accrued and vested with the awards; F2 — vesting of performance shares and restricted stock.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Timeliness: Form filed five days after the Feb 12 transactions (Feb 17), later than the typical 2-business-day Form 4 deadline.

Context This was not an open-market purchase or sale. The filing reflects routine vesting/settlement of equity awards and share withholding to satisfy tax liabilities (common practice). Derivative entries (code M) indicate exercise/conversion/settlement of awards; the F code reflects shares delivered to cover taxes rather than a market sale.