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REGIONS FINANCIAL CORP·4

Apr 7, 6:03 PM ET

Danella Katherine R 4

Research Summary

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Regions Financial (RF) SEVP Danella R Receives RSUs, Withholds Shares

What Happened
Danella Katherine R, Senior Executive Vice President of Regions Financial Corp (RF), had equity awards vest/convert on April 3, 2026 and received a total of 31,239.301 shares through award settlement and derivative conversion. To satisfy tax withholding and related obligations, 15,248.301 of those shares were disposed to the issuer (12,745 shares for tax payment at $26.47/share = $337,360; 2,503.301 shares disposition at $26.47/share = $66,262), totaling about $403,622. After withholdings, she retained approximately 15,991 shares. These transactions were vesting/settlement events (codes A and M) with share-withholdings for taxes (codes F and D), not open-market purchases or discretionary sales.

Key Details

  • Transaction date: April 3, 2026; Form 4 filed April 7, 2026.
  • Shares acquired on vesting/conversion: 17,416 (derivative conversion), 2,503.301 (derivative conversion), and 11,320 (award) — total 31,239.301 shares.
  • Shares surrendered/withheld: 12,745 shares (tax withholding) + 2,503.301 shares (disposition to issuer) = 15,248.301 shares at $26.47/share; total proceeds/withholding value ≈ $403,622.
  • Net shares retained from the event: ~15,991 shares (31,239.301 acquired − 15,248.301 withheld).
  • Relevant footnotes: F1 (RSUs granted 4/3/2023 settled 1-for-1), F4 (performance share units settled at 0.65 conversion rate for PSUs earned 2023–2025), plus notes on dividend-reinvested RSUs/cash (F2–F3, F6–F7).
  • Transaction codes explained: M = exercise/conversion of derivative (conversion of PSUs/other units), A = award/grant settlement, F/D = shares surrendered to pay tax liabilities or settled in cash.

Context
This was primarily a routine vesting/settlement of restricted stock units and performance-based units with a portion of the shares used to satisfy tax obligations (a common practice). It is not an open-market sale that signals a deliberate decision to cash out by the insider; purchasers are generally more informative about insider bullishness than routine withholdings. The PSU settlement used a 0.65 conversion ratio per footnote, meaning the reported share counts reflect that conversion.