REGENCY CENTERS CORP·4

Mar 11, 8:22 PM ET

STEIN MARTIN E JR 4

Research Summary

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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.