STYSLINGER LEE J III 4

What Happened

• Lee J. Styslinger III, a director of Regions Financial Corp (RF), was granted 1,122.083 shares of phantom stock on April 15, 2026. The award is reported at a per-share value of $27.85, totaling $31,250. This was an award/acquisition (derivative) under the company's director compensation arrangements, not an open-market purchase or sale of common stock.

Key Details

• Transaction date: 2026-04-15; Form filed 2026-04-16 (timely filing).
• Award type: Phantom stock (derivative), 1,122.083 shares at $27.85 each; total reported value $31,250.
• Shares owned after transaction: The filing reports the newly accrued 1,122.083 phantom shares; total previously held or aggregate holdings are not specified in this filing.
• Notable footnotes:
  • Each phantom share equals the cash value of one share of Regions common stock (F1).
  • The reporting person elected to receive phantom stock in lieu of cash director fees; amounts are accrued quarterly under the Directors' Deferred Investment Plan (F2).
  • Phantom shares are payable in cash after a director leaves, either as a lump sum or up to 10 annual installments, at the director’s election (F3).
  • Quarterly cash dividends have been deemed reinvested into additional phantom stock (F4).
• Filing timeliness: Report appears timely (filed one day after the transaction).

Context

• This transaction is a compensation-related derivative award (phantom stock), a common, routine form of director pay that entitles the holder to the cash value of shares rather than issuing actual common stock. Such awards do not necessarily indicate a purchase or sale sentiment by the director.