STEIN MARTIN E JR 4
4 · REGENCY CENTERS CORP · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Regency Centers (REG) Exec Chairman Martin Stein Jr Sells Shares
What Happened
Martin E. Stein Jr, Executive Chairman and a director of Regency Centers Corporation (REG), sold a total of 167,490 shares in open‑market/private transactions on March 10–11, 2026, for aggregate proceeds of about $13.08 million. The filings show: 129,490 shares sold on March 10 at a weighted average price of $78.33 (≈ $10,143,470) and 38,000 shares sold on March 11 at a weighted average price of $77.21 (≈ $2,934,128). The Form 4 also reports an award/acquisition of 6,460 shares on March 10 (price N/A). Sales are disposals (S) and the award is reported as an acquisition (A).
Key Details
- Transaction dates and prices:
- Mar 10, 2026: 129,490 shares sold, weighted avg $78.33; reported price range $78.16–$78.68 (footnote F2). Proceeds ≈ $10,143,470.
- Mar 11, 2026: 38,000 shares sold, weighted avg $77.21; reported price range $76.90–$77.445 (footnote F5). Proceeds ≈ $2,934,128.
- Mar 10, 2026: 6,460 shares acquired as an award (A); price N/A.
- Total sold: 167,490 shares for ≈ $13.08M; plus a 6,460‑share award.
- Ownership after the transactions: not stated in the provided excerpt of the filing.
- Notable footnotes: sales were effected by trusts/partnerships controlled by Mr. Stein (e.g., The Regency Group II, the Joan W. Newton 2019 Revocable Trust, and related trusts/entities). The reporting person retains voting and dispositive power over shares transferred among these affiliated entities (see F1, F3–F9, F10). The weighted average prices reflect multiple transactions; the filer offers to provide the breakdown on request (F2, F5).
- Timeliness: Form 4 was filed 2026-03-11 for transactions through 2026-03-10–03-11; this appears to be timely (no late‑filing notation).
Context
These were sales of shares (disposals) carried out by trusts/partnerships associated with the reporting person; such transactions can be routine (estate, tax planning, or trust management) and do not by themselves indicate insider sentiment. The separate 6,460‑share item is an award/other acquisition rather than an open‑market purchase. No option exercises or tax‑withholding dispositions are reported in the provided excerpt.
Insider Transaction Report
- Sale
Common Stock
[F2][F1][F3]2026-03-10$78.33/sh−129,490$10,143,470→ 195,892 total(indirect: By Partnership) - Sale
Common Stock
[F5][F4][F3]2026-03-11$77.21/sh−38,000$2,934,128→ 157,892 total(indirect: By Partnership) - Award
Common Stock
[F6][F7]2026-03-10+6,460→ 6,460 total(indirect: By Trust)
- 272,133
Common Stock
- 24,201(indirect: By Trust)
Common Stock
[F8] - 110,263(indirect: Corporation)
Common Stock
[F9] - 4,000(indirect: By Trust)
Common Stock
[F10]
Footnotes (10)
- [F1]The Regency Group II, a general partnership (Partnership), of which the Reporting Person is a general partner, transferred the shares to the Joan W. Newton 2019 Revocable Trust (2019 Trust), of which the Reporting Person is a co-trustee and beneficiary and, therefore, has voting and dispositive power over the shares. The 2019 Trust sold the shares in multiple transactions, as described in footnote 2.
- [F10]By the Wellhouse Trust, a trust held for the Reporting Person's benefit.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $78.16 to $78.68, inclusive. The Reporting Person undertakes to provide Regency Centers Corporation (Company), any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F3]By the Partnership, of which the Reporting Person is a general partner.
- [F4]The Partnership transferred the shares to the 2019 Trust, of which the Reporting Person is a co-trustee and beneficiary and, therefore, has voting and dispositive power over the shares. The 2019 Trust sold the shares in multiple transactions, as described in footnote 5.
- [F5]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $76.9 to $77.445, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F6]The shares were transferred to the Joan Wellhouse Newton Irrevocable Trust (IRR Trust), of which the Reporting Person is a co-trustee and, as a result, the Reporting Person has voting and dispositive power over the shares.
- [F7]By the IRR Trust, of which the Reporting Person is the co-trustee and a beneficiary.
- [F8]By the Grantor Retained Annuity Trust, of which the Reporting Person is the trustee.
- [F9]By The Regency Group, Inc., a corporation, which is controlled by the Reporting Person and members of his family.