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REGENCY CENTERS CORP·4

Mar 6, 8:14 AM ET

HERMAN MICHAEL R 4

Research Summary

AI-generated summary

Updated

Regency Centers (REG) SVP & General Counsel Michael R. Herman Receives Award

What Happened
Michael R. Herman, Senior Vice President and General Counsel of Regency Centers Corp., was granted a derivative award of 7,215 shares on March 4, 2026. The Form 4 reports the acquisition at $0.00 (no cash paid), indicating a compensation award (commonly restricted stock units or similar) rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (timely filing).
  • Award: 7,215 derivative shares; reported price $0.00 (acquisition code A).
  • Vesting: 25% per year beginning March 4, 2027 (footnote F1).
  • Shares owned after transaction: not specified in the filing.
  • Type: Compensation award (derivative); not an outright purchase or sale.

Context
Derivative awards like this typically represent restricted stock units or similar compensation that convert to common shares as they vest; no cash changed hands at grant. Such grants are routine executive compensation and do not, by themselves, signal a buy/sell decision.