Form 4: Regency Centers Corp: Officer Michael R. Herman Reports Stock Transactions

Senior VP and General Counsel Michael R. Herman reports transactions involving Regency Centers Corp stock, including the vesting of restricted stock and disposal of shares to cover tax obligations.

Summary

• On April 6, 2024, Michael R. Herman, Senior VP and General Counsel of Regency Centers Corp, reported transactions involving the company's common stock.
• These transactions included the vesting of 1,689 shares of restricted stock.
• Herman also disposed of 664 shares at a price of $58.8 to cover tax obligations related to the vesting of the restricted stock.
• Following these transactions, Herman directly owns 14,010 shares of Regency Centers Corp.
• He also owns 5,885 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates