Simmons James H. III 4

What Happened James H. Simmons III, a director of Regency Centers Corp (REG), reported an exercise/conversion of a derivative on 2026-05-06 that resulted in the acquisition of 2,150 common shares at an exercise/conversion price of $0.00 (total reported value $0). The filing shows the shares were acquired and not sold.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08.
• Transaction type/code: M (exercise or conversion of derivative security).
• Shares acquired: 2,150 at $0.00; reported cash value $0.
• Shares owned after transaction: not specified in this filing.
• Footnote: Shares vest 100% on May 6, 2027 (subject to vesting).
• No sale reported and no indication of a 10b5-1 plan or tax-withholding sale in the filing.

Context An "M" code means the insider exercised or converted a derivative (e.g., options or RSUs) into company shares. Because these shares were acquired at $0.00 and remain subject to vesting, this is different from an open-market purchase—it's likely a conversion/award event rather than a cash investment. Such conversions can indicate compensation-related activity rather than a straightforward bullish purchase.