Charles Dandridge Massey - 01 Jul 2023 Form 4 Insider Report for REGIONS FINANCIAL CORP (RF)

Role
SEVP
Signature
Christine R. Strong - Attorney-in-Fact
Issuer symbol
RF
Transactions as of
01 Jul 2023
Net transactions value
-$117,239
Form type
4
Filing time
05 Jul 2023, 18:50:57 UTC
Previous filing
04 Apr 2023
Next filing
03 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RF Common Stock Options Exercise $0 +17,516 $0.000000 17,516 01 Jul 2023 Direct F1
transaction RF Common Stock Tax liability $103,980 -5,835 -33% $17.82 11,681 01 Jul 2023 Direct F2
transaction RF Common Stock Options Exercise $0 +725 +6.2% $0.000000 12,406 03 Jul 2023 Direct F3
transaction RF Common Stock Disposed to Issuer $13,259 -725 -5.8% $18.29 11,681 03 Jul 2023 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RF Restricted Stock Units Options Exercise $0 -17,516 -23% $0.000000 58,341 01 Jul 2023 Common Stock 17,516 Direct F1, F5, F6
transaction RF Restricted Stock Units Options Exercise $0 -725 -1.2% $0.000000 57,616 03 Jul 2023 Common Stock 725 Direct F3, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of restricted stock units granted on July 1, 2022 (first of three equal annual installments) that settle in shares of common stock on a 1-for-1 basis.
F2 Represents shares withheld by the Company for tax withholding on restricted stock units that settle in shares of common stock on a 1-for-1 basis.
F3 Represents the vesting of cash dividends (on restricted stock units granted on July 1, 2022 (first of three equal annual installments)) that were deemed reinvested in restricted stock units that settle in cash.
F4 Represents the disposition of cash dividends that were deemed reinvested in restricted stock units and settle in cash.
F5 Each restricted stock unit represents a contingent right to receive one share of common stock.
F6 Includes quarterly cash dividends that have been deemed reinvested in restricted stock units and settle in cash.
F7 Each restricted stock unit represents a contingent right to receive cash due to cash dividends that have been deemed reinvested in restricted stock units.