Form 4: Regions Financial Corp Director Acquires Phantom Stock in Lieu of Cash Compensation

Director Ruth Ann Marshall acquired phantom stock in Regions Financial Corp in lieu of cash compensation under the company's Director Compensation Program.

Summary

• Ruth Ann Marshall, a director of Regions Financial Corp, acquired phantom stock on January 15, 2025, in lieu of cash compensation.
• The acquisition was made under Regions' Director Compensation Program and Directors' Deferred Investment Plan.
• Marshall acquired 1,973.6842 shares of phantom stock at a price of $24.7, resulting in a total holding of 153,066.1027 shares.
• Each share of phantom stock represents the right to the cash value of one share of Regions' common stock.
• The phantom stock is payable in cash in a lump sum or up to 10 annual installments after termination of service as a director.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally. The use of phantom stock can be seen as a positive sign of aligning director interests with shareholders.

Positives

• The acquisition of phantom stock aligns the director's interests with those of the shareholders.
• The Director Compensation Program encourages directors to reinvest in the company.

Industry Context

Director compensation often includes stock or stock options to align their interests with shareholders. Phantom stock is a common method used to defer compensation and provide a long-term incentive.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director compensation with company performance.

Key Dates