LINNEMAN PETER 4

What Happened

• Peter Linneman, a director of Regency Centers Corp (REG), had two reported transactions on May 6, 2026: an award of 336 shares and the exercise/conversion of a derivative resulting in 2,150 common shares. The derivative conversion was at $0.00 per share (no cash paid), and the award is noted as director fees paid in stock.
• No cash value was reported for the derivative conversion (2,150 shares at $0.00 = $0). The 336-share award carries a vesting condition (100% vesting on May 6, 2027), so those shares are not immediately vested.

Key Details

• Transaction dates: May 6, 2026 (both entries). Form filed May 8, 2026 — appears timely under the Form 4 two-business-day rule.
• Prices: 2,150 shares converted at $0.00; 336-share award listed as N/A for price.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1—these shares represent director fees paid in stock under Regency’s Omnibus Incentive Plan. F2—the 336 awarded shares vest 100% on May 6, 2027.
• Transaction codes: A = award/grant; M = exercise/conversion of a derivative instrument.

Context

• The M-code conversion means previously held derivative units or awards were converted into common shares at no cash cost; this was not a cash purchase or sale of stock.
• The 336-share award is subject to a one-year vesting schedule, so it does not represent immediately vested stock available for sale.
• These transactions are routine forms of director compensation and do not, by themselves, indicate personal bullish or bearish trading intent.