Peters Scott M. 4
4 · REGIONS FINANCIAL CORP · Filed Jan 27, 2023
Insider Transaction Report
Form 4
Peters Scott M.
SEVP
Transactions
- Gift
Common Stock
2022-11-17−663→ 57,429 total - Discretionary Transaction
Phantom Stock Units
2023-01-25$22.43/sh−20,263.13$454,502→ 18,704.427 total→ Common Stock (20,263.13 underlying) - Discretionary Transaction
Common Stock
2023-01-25$22.43/sh−25,316.232$567,957→ 0 total(indirect: By 401(k))
Footnotes (4)
- [F1]Includes dividends acquired July 1, 2022; October 3, 2022; and January 3, 2023, pursuant to a dividend reinvestment feature of the Regions Financial Corporation 401(k) Plan. The total amount reported is expressed as ownership units in the Plan's unitized employer stock fund, which is managed such that each unit is intended to approximate the economic value of one share of common stock.
- [F2]The phantom stock units were accrued under the Regions Financial Corporation Non-Qualified Excess 401(k) Plan. Each phantom stock unit represents the right to the cash value of one share of common stock.
- [F3]The phantom stock units become payable in cash upon the reporting person's termination of employment in accordance with the form of payment elected by the reporting person.
- [F4]Includes dividends acquired quarterly in 2021 and 2022, and on January 3, 2023, pursuant to a dividend reinvestment feature of the Plan.