Massey Charles Dandridge 4

What Happened Massey Charles Dandridge, Senior Executive Vice President of Regions Financial Corp (RF), had equity awards vest on April 3, 2026. Performance share units and restricted stock units were converted/settled into shares (including 20,899 shares from performance awards and 13,584 shares from RSUs). To satisfy tax withholding and cash-settlement obligations, 15,294 shares were withheld/disposed for taxes and 3,003.932 shares were disposed to the issuer for cash settlement at $26.47 per share — raising approximately $404,832 and $79,514, respectively (total ≈ $484,346).

Key Details

• Transaction date: April 3, 2026; Form 4 filed April 7, 2026 (timely).
• Disposition price: $26.47 per share for the share transfers to the issuer.
• Shares involved: conversion/acquisition entries of 20,899 and 3,003.932 shares (derivative conversions) plus 13,584 RSUs granted/vested; 15,294 shares were withheld/disposed for taxes and 3,003.932 shares were disposed for cash settlement.
• Total cash received/withheld: ~ $484,346 (15,294 shares × $26.47 = $404,832; 3,003.932 × $26.47 = $79,514).
• Footnotes: F1–F7 indicate these were vested RSUs/PSUs (F1, F4, F5), dividend-related cash settlements/reinvestments (F2, F3, F6, F7), and conversion of performance units at a 0.65 share-per-PSU rate (F4).
• Shares owned after the transaction: not disclosed in the provided excerpt.

Context This was primarily award vesting and related tax/cash settlements rather than an open-market directional trade. The "M" codes denote exercise/conversion of derivative awards (PSUs/RSUs converting to common shares); the "F" dispositions reflect shares surrendered to cover tax withholding. Such transactions are routine for executives when awards vest and do not by themselves signal a change in outlook on the company.