Davis Noopur 4

What Happened

• Davis Noopur, a director of Regions Financial Corp (RF), was granted 5,404 restricted stock units (RSUs) on 2026-05-11. The award is reported as an acquisition (code A) at $0.00 per unit (no cash paid at grant). These RSUs are derivative awards representing a contingent right to receive common shares upon vesting.

Key Details

• Transaction date: 2026-05-11; filing date: 2026-05-13 (appears timely under the two-business-day Form 4 rule).
• Award: 5,404 RSUs; reported acquisition price: $0.00; reported as a derivative security.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: Each RSU represents a contingent right to one share (F1). The RSUs vest on the date of the 2027 Annual Meeting of Shareholders, subject to continued service (F2).
• No sale or cash purchase occurred—this is a compensation award, not an open-market trade.

Context

• RSUs convert into actual shares only upon vesting (and typically are taxable when they vest). The ultimate value to the insider will depend on Regions’ share price at vesting and any applicable tax withholdings. Awards like this are routine forms of director compensation and do not, by themselves, indicate buying or selling sentiment.