Form 4: Regions Financial Corp Director Noopur Davis Reports Stock Unit Vesting and Share Disposal
SEC Form 4 Filing
Director Noopur Davis of Regions Financial Corp reports the vesting of restricted stock units and subsequent disposal of shares to cover the obligation.
Summary
- On April 16, 2025, Noopur Davis, a director of Regions Financial Corp, had 7,089 restricted stock units vest and settle into common stock.
- These units converted on a one-for-one basis.
- Following the vesting, 20,463 shares were disposed of.
- After the transaction, Davis beneficially owns 7,089 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral report on a standard transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it relates to an individual director's stock holdings.
Key Dates
| Date | Description |
|---|---|
| 2024-07-03 | Date of Power of Attorney execution. |
| 2025-04-16 | Date of restricted stock units vesting and share disposal. |
| 2025-04-18 | Date of Form 4 filing. |
Keywords
Form 4, Regions Financial Corp, Director, Noopur Davis, Restricted Stock Units, Vesting, Share Disposal, Beneficial Ownership, SEC Filing
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