Allen Karin K 4

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.