Form 4: Regions Financial Corp Director Ruth Ann Marshall Acquires Phantom Stock

Director Ruth Ann Marshall acquired phantom stock in Regions Financial Corp in lieu of cash compensation.

Summary

• Ruth Ann Marshall, a director of Regions Financial Corp, acquired 2,321.4286 shares of phantom stock on July 15, 2024.
• The phantom stock was received in lieu of cash compensation under Regions' Director Compensation Program.
• The shares were accrued under Regions' Directors' Deferred Investment Plan.
• The price of the phantom stock is $21.
• Following the transaction, Marshall beneficially owns 145,816.6585 shares of phantom stock.
• The phantom stock is payable in cash upon termination of service as a director.

Sentiment

Score: 7

Explanation: The document reflects a routine insider transaction related to director compensation, which is generally neutral. The acquisition of phantom stock can be seen as a positive sign of alignment with shareholder interests.

Positives

• The acquisition of phantom stock aligns the director's interests with those of the shareholders.

Future Outlook

The phantom stock is payable in cash in a lump sum or up to 10 annual installments, at the election of the reporting person, within 30 days after the close of the plan year in which the reporting person terminates service as a director.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive stock-based compensation to align their interests with shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates