4//SEC Filing
Turner David J Jr 4
Accession 0001225208-24-004925
CIK 0001281761other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 6:10 PM ET
Size
14.4 KB
Accession
0001225208-24-004925
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-04-01−23,878→ 81,608.85 total→ Common Stock (23,878 underlying) - Award
Restricted Stock Units
2024-04-01+27,155→ 105,486.85 total→ Common Stock (27,155 underlying) - Tax Payment
Common Stock
2024-04-01$20.56/sh−26,475$544,326→ 290,592 total - Award
Common Stock
2024-04-01+35,817→ 293,189 total - Exercise/Conversion
Common Stock
2024-04-01+23,878→ 317,067 total
Holdings
- 23,390.931(indirect: By 401(k))
Common Stock
- 2,202.915(indirect: By Spouse)
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, 2021 through December 31, 2023.
- [F2]Restricted stock units vested and were settled in shares of common stock on a 1-for-1 basis on April 1, 2024.
- [F3]Includes dividends acquired July 3, 2023, October 2, 2023, January 2, 2024, and April 1, 2024, 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]The restricted stock units vest on April 1, 2027, 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, 2024 through December 31, 2026.
- [F6]Includes quarterly cash dividends that were reinvested in restricted stock units.
Documents
Issuer
REGIONS FINANCIAL CORP
CIK 0001281761
Entity typeother
Related Parties
1- filerCIK 0001485112
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 6:10 PM ET
- Size
- 14.4 KB