Katherine R. Danella - 01 Apr 2024 Form 4 Insider Report for REGIONS FINANCIAL CORP (RF)

Role
SEVP
Signature
Elizabeth H. Townsend - Attorney-in-Fact
Issuer symbol
RF
Transactions as of
01 Apr 2024
Net transactions value
-$217,751
Form type
4
Filing time
03 Apr 2024, 18:10:08 UTC
Previous filing
04 Apr 2023
Next filing
03 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RF Common Stock Award $0 +14,327 +29% $0.000000 64,059 01 Apr 2024 Direct F1
transaction RF Common Stock Options Exercise $0 +9,551 +15% $0.000000 73,610 01 Apr 2024 Direct F2
transaction RF Common Stock Tax liability $217,751 -10,591 -14% $20.56 63,019 01 Apr 2024 Direct

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 Award $0 +20,367 +50% $0.000000 61,419 01 Apr 2024 Common Stock 20,367 Direct F3, F4, F5
transaction RF Restricted Stock Units Options Exercise $0 -9,551 -16% $0.000000 51,868 01 Apr 2024 Common Stock 9,551 Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance share units vested and were settled in shares of common stock at a conversion rate of 1.5 shares of common stock for each performance share unit. The number of performance share units earned was based on the issuer meeting certain performance thresholds and goals during the period from January 1, 2021 through December 31, 2023.
F2 Restricted stock units vested and were settled in shares of common stock on a 1-for-1 basis on April 1, 2024.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock and a contingent right to receive cash on cash dividends that have been reinvested in restricted stock units.
F4 The restricted stock units vest on April 1, 2027, subject to a service requirement. The number of shares to be delivered upon vesting is contingent on the issuer meeting certain performance thresholds during the period from January 1, 2024 through December 31, 2026.
F5 Includes quarterly cash dividends that were reinvested in restricted stock units.