Santone Angela R. 4

What Happened

• Angela R. Santone, Senior Executive Vice President of Regions Financial Corp (RF), had 28,411 restricted stock units (RSUs) vest on July 1, 2026. The RSUs converted into 28,411 shares. The company withheld 10,286 shares to cover taxes (valued at $30.80 per share, ≈ $316,809), leaving Santone with a net increase of 18,125 shares.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (timely).
• Entries: M = exercise/conversion of derivative (RSU conversion to shares); F = shares withheld for tax withholding.
• Shares involved: 28,411 RSUs vested/converted; 10,286 shares withheld (tax); net +18,125 shares to Santone.
• Tax withholding value reported: 10,286 shares × $30.80 = $316,809.
• Footnotes: F1 = first of three equal annual installments from RSUs granted 7/1/2025; F2 = shares withheld for taxes; F3 = each RSU = right to one share; F4 = includes reinvested dividends. POA attached.

Context

• This was not an open‑market purchase or sale by the insider — it’s a routine vesting of previously granted RSUs with share withholding to meet tax obligations (common practice). The filing shows conversion of RSUs to shares rather than a cash exercise; the withheld shares were surrendered to cover taxes rather than sold on the open market.