VINES TIMOTHY 4

What Happened
Timothy Vines, a director of Regions Financial Corp (RF), was granted 992.694 shares of phantom stock on 2026-07-15 valued at $31.48 per share, for a total reported value of $31,250. This was recorded as an award/acquisition (derivative) under the company's director compensation arrangements rather than an open‑market purchase of common stock.

Key Details

• Transaction date: 2026-07-15; Form 4 filed: 2026-07-17 (filed within the standard two-business-day window).
• Transaction type/code: Award/Acquisition (A) of derivative phantom stock.
• Quantity and price: 992.694 phantom shares at $31.48 each; total $31,250.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Each phantom share equals the cash value of one share of Regions common stock.
  • F2: Vines elected to receive phantom stock in lieu of cash director fees; these are accrued under the Directors' Deferred Investment Plan.
  • F3: Phantom shares are payable in cash either as a lump sum or in up to 10 annual installments within 30 days after the plan year in which the director terminates service.
  • F4: Includes quarterly cash dividends deemed reinvested in phantom stock.

Context
Phantom stock is a cash‑settled derivative that does not transfer voting rights or increase outstanding common shares; it represents deferred compensation tied to the company’s stock value. Such grants are routine for directors electing deferral of fees and are generally compensation-related rather than a direct bullish signal about the insider’s view of the stock.