Rand Alison S. 4

What Happened
Alison S. Rand, a director of Regions Financial Corporation (RF), received a grant of 5,404 restricted stock units (RSUs) on 2026-05-11. The transaction is reported as an award/acquisition (code A) with a reported price of $0.00 (no cash paid). Each RSU represents a contingent right to one share of common stock and will be settled in shares subject to vesting and plan rules.

Key Details

• Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (timely filing, within the two-business-day window).
• Award: 5,404 restricted stock units; reported price $0.00 (grant).
• Vesting/settlement: 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 in accordance with the director deferred RSU plan (per footnotes).
• Dividends: Footnote indicates quarterly cash dividends have been reinvested in restricted stock units (some units include reinvested dividends).
• Shares owned after transaction: not specified in the reported Form 4 (not disclosed in this filing).
• Transaction type: Award/grant of RSUs (derivative grant), not a market purchase or sale — not an immediate buy/sell signal.

Context
RSUs are a common form of equity compensation for directors and typically reflect ongoing compensation rather than an active market bet. These units convert into shares only after vesting and are different from open-market purchases or sales. This filing does not indicate any immediate sale of shares; it documents a compensation award that vests in 2027.