Form 4: Regions Financial Corp CFO Reports Changes in Beneficial Ownership

David J. Turner Jr., CFO of Regions Financial Corp, reports changes in beneficial ownership of common stock due to dividend reinvestment and a gift.

Summary

• David J. Turner Jr., the CFO of Regions Financial Corp, filed a Form 4 with the SEC.
• The report details changes in his beneficial ownership of Regions Financial Corp common stock.
• On October 31, 2024, Turner gifted 4,300 shares of common stock.
• He still directly owns 286,292 shares.
• He indirectly owns 23,933.1589 shares through a 401(k) and 2,365.7583 shares through his spouse's 401(k).
• These indirect holdings include dividends that have accrued pursuant to a dividend reinvestment feature of the Regions Financial Corporation 401(k) Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard reporting of insider transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the CFO's ownership stake in the company.
• It assures stakeholders that the CFO's interests are aligned with theirs.

Key Dates