4Filed Apr 2, 8:00 PM ET
Regions Financial (RF) Principal Accounting Officer Karin K. Allen Receives Award
$RF · REGIONS FINANCIAL CORPResearch Summary
AI-generated summary of this SEC filing
Regions Financial (RF) Principal Accounting Officer Karin K. Allen Receives Award
What Happened
Karin K. Allen, Principal Accounting Officer of Regions Financial Corp (RF), received a grant of 1,916 restricted stock units (RSUs) on April 1, 2026. The RSUs are reported at $0.00 because no cash was exchanged; they are a form of compensation/derivative award rather than an open-market purchase.
Key Details
- Transaction date: 2026-04-01 (reported on Form 4 filed 2026-04-03).
- Security/amount: 1,916 restricted stock units (derivative award) at $0.00.
- Vesting: RSUs vest on April 1, 2029, subject to continued service. Delivery of shares is contingent on meeting performance thresholds for Jan 1, 2026–Dec 31, 2028 (footnotes F1–F2).
- Dividends: Quarterly cash dividends were reinvested in additional RSUs (footnote F3).
- Shares owned after transaction: Not specified in this filing.
- Timeliness: Filing appears timely (filed two days after the grant date). Ex-24 Power of Attorney attached.
Context
This was a compensation award (RSUs), common for executives and not the same signal as an open-market purchase or sale. The payout depends on both service through April 1, 2029 and meeting performance goals over 2026–2028; until vesting and settlement, these units do not represent immediately tradable shares.