Form 4: Regions Financial Corp CFO David J. Turner, Jr. Reports Changes in Beneficial Ownership

David J. Turner, Jr., CFO of Regions Financial Corp, reports transactions involving common stock and restricted stock units, including vesting, dividend reinvestments, and performance-based share settlements.

Summary

• On April 1, 2025, David J. Turner, Jr., CFO of Regions Financial Corp, reported several transactions.
• These transactions include the acquisition of 31,456 shares of common stock from performance share units vesting at $0.00, the acquisition of 21,997 shares from restricted stock units vesting at $0.00, and the acquisition of 1,246.61 shares from reinvested cash dividends at $0.00.
• Turner also disposed of 1,246.61 shares at $21.57 due to cash dividends reinvested in restricted stock units and disposed of 23,707 shares at $21.57.
• Following these transactions, Turner directly owns 316,038 shares of common stock.
• Turner also indirectly owns 24,188.3887 shares through a 401(k) and 2,390.7883 shares through a spouse's 401(k).
• Additionally, Turner acquired 26,771 restricted stock units that vest on April 1, 2028, and disposed of 1,246.61 and 21,997 restricted stock units due to vesting.
• Following these transactions, Turner owns 107,762.5531 restricted stock units related to cash dividends and 85,765.5531 restricted stock units related to common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily reports routine transactions related to executive compensation. There are no explicit positive or negative indicators, but the vesting of shares suggests the company is meeting some performance goals.

Positives

• The vesting of performance share units and restricted stock units indicates that the company is meeting certain performance goals and service requirements.

Risks

• The value of the restricted stock units is contingent on the issuer meeting certain performance thresholds during the period from January 1, 2025, through December 31, 2027.

Future Outlook

The number of shares to be delivered upon vesting of restricted stock units is contingent on the issuer meeting certain performance thresholds during the period from January 1, 2025 through December 31, 2027.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of key executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of shares.
• Employees participating in the 401(k) plan may be indirectly affected by the changes in the value of the company's stock.

Key Dates

Keywords

Form 4, Regions Financial Corp, David J. Turner Jr., CFO, Beneficial Ownership, Common Stock, Restricted Stock Units, Vesting, Dividend Reinvestment, Performance Share Units