John M. Turner JR - 01 Apr 2025 Form 4 Insider Report for REGIONS FINANCIAL CORP (RF)

Signature
/s/ Elizabeth H. Townsend - Attorney-in-Fact
Issuer symbol
RF
Transactions as of
01 Apr 2025
Net transactions value
-$1,883,942
Form type
4
Filing time
03 Apr 2025, 20:53:08 UTC
Previous filing
03 Apr 2024
Next filing
29 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RF Common Stock Award $0 +110,097 +13% $0.000000 941,590 01 Apr 2025 Direct F1
transaction RF Common Stock Options Exercise $0 +76,991 +8.2% $0.000000 1,018,581 01 Apr 2025 Direct F2
transaction RF Common Stock Options Exercise $0 +4,366 +0.43% $0.000000 1,022,947 01 Apr 2025 Direct F3
transaction RF Common Stock Disposed to Issuer $94,171 -4,366 -0.43% $21.57 1,018,581 01 Apr 2025 Direct F4
transaction RF Common Stock Tax liability $1,789,771 -82,975 -8.1% $21.57 935,606 01 Apr 2025 Direct
holding RF Common Stock 5,197 01 Apr 2025 By 401(k)

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 +97,904 +33% $0.000000 397,767 01 Apr 2025 Common Stock 97,904 Direct F5, F6, F7
transaction RF Restricted Stock Units Options Exercise $0 -4,366 -1.1% $0.000000 393,401 01 Apr 2025 Common Stock 4,366 Direct F3, F7, F8
transaction RF Restricted Stock Units Options Exercise $0 -76,991 -20% $0.000000 316,410 01 Apr 2025 Common Stock 76,991 Direct F2, F7, F9
* 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 1.43 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, 2022 through December 31, 2024.
F2 Represents the vesting of restricted stock units granted on April 1, 2022 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 April 1, 2022 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 and a contingent right to receive cash on cash dividends that have been reinvested in restricted stock units.
F6 The restricted stock units vest on April 1, 2028, 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, 2025 through December 31, 2027.
F7 Includes quarterly cash dividends that have been deemed reinvested in restricted stock units and settle in cash.
F8 Each restricted stock unit represents a contingent right to receive cash due to cash dividends that have been deemed reinvested in restricted stock units.
F9 Each restricted stock unit represents a contingent right to receive one share of common stock.

Remarks:

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