Crosswhite Mark A. 4
Research Summary
AI-generated summary
Regions Financial (RF) Director Mark A. Crosswhite Receives Award
What Happened
- Mark A. Crosswhite, a director of Regions Financial Corporation (RF), was granted 5,404 restricted stock units (RSUs) on May 11, 2026. The filing reports a $0.00 acquisition price (award/derivative), so no cash purchase was made. RSUs are a form of equity compensation that convert to shares when vested/settled.
Key Details
- Transaction date and type: 2026-05-11 — Grant / Award (derivative) of 5,404 RSUs at $0.00.
- Filing date: 2026-05-13 — filed within the standard Form 4 reporting window (timely).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes of note:
- F1: Each RSU represents a contingent right to receive one share of common stock.
- F2: The RSUs vest on the date of the 2027 Annual Meeting of Shareholders (subject to a service requirement) and will be settled in shares upon the reporting person's termination of service per the director deferral plan.
- F3: Some units include quarterly cash dividends that have been reinvested in additional restricted stock units.
Context
- This was an equity award, not an open-market purchase or sale. Awards are a routine part of director compensation and do not by themselves indicate a buy/sell signal. The RSUs will convert to actual shares only when they vest or are settled according to the plan and deferral election.