4//SEC Filing
Turner John M JR 4
Accession 0001225208-23-004584
CIK 0001281761other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:31 PM ET
Size
13.6 KB
Accession
0001225208-23-004584
Insider Transaction Report
Form 4
Turner John M JR
SEVP
Transactions
- Exercise/Conversion
Common Stock
2023-04-01+161,970→ 894,810 total - Award
Common Stock
2023-04-01+242,955→ 732,840 total - Tax Payment
Common Stock
2023-04-01$18.56/sh−179,585$3,333,098→ 715,225 total - Exercise/Conversion
Restricted Stock Units
2023-04-01−161,970→ 175,877.91 total→ Common Stock (161,970 underlying) - Award
Restricted Stock Units
2023-04-03+97,527→ 286,690.95 total→ Common Stock (97,527 underlying)
Holdings
- 4,780.588(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]Performance share units vested and were settled in shares of common stock at a conversion rate of 1.5 shares of common stock for each performance share unit. The number of performance share units earned was based on the issuer meeting certain performance thresholds and goals during the period from January 1, 2020 through December 31, 2022.
- [F2]Restricted stock units vested and were settled in shares of common stock on a 1-for-1 basis on April 1, 2023.
- [F3]Includes dividends acquired January 3, 2023 and April 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.
- [F4]Each restricted stock unit represents a contingent right to receive one share of common stock and a contingent right to receive cash on cash dividends that have been reinvested in restricted stock units.
- [F5]Includes quarterly cash dividends that were reinvested in restricted stock units.
- [F6]The restricted stock units vest on April 3, 2026, subject to a service requirement. The number of shares to be delivered upon vesting is contingent on the issuer meeting certain performance thresholds during the period from January 1, 2023 through December 31, 2025.
Documents
Issuer
REGIONS FINANCIAL CORP
CIK 0001281761
Entity typeother
Related Parties
1- filerCIK 0001319060
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 4:31 PM ET
- Size
- 13.6 KB