Charles Dandridge Massey - Jul 1, 2023 Form 4 Insider Report for REGIONS FINANCIAL CORP (RF)

Role
SEVP
Signature
Christine R. Strong - Attorney-in-Fact
Stock symbol
RF
Transactions as of
Jul 1, 2023
Transactions value $
-$117,239
Form type
4
Date filed
7/5/2023, 06:50 PM
Previous filing
Apr 4, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RF Common Stock Options Exercise $0 +17.5K $0.00 17.5K Jul 1, 2023 Direct F1
transaction RF Common Stock Tax liability -$104K -5.84K -33.31% $17.82 11.7K Jul 1, 2023 Direct F2
transaction RF Common Stock Options Exercise $0 +725 +6.21% $0.00 12.4K Jul 3, 2023 Direct F3
transaction RF Common Stock Disposed to Issuer -$13.3K -725 -5.84% $18.29 11.7K Jul 3, 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 -17.5K -23.09% $0.00 58.3K Jul 1, 2023 Common Stock 17.5K Direct F1, F5, F6
transaction RF Restricted Stock Units Options Exercise $0 -725 -1.24% $0.00 57.6K Jul 3, 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.