Form 4: Regions Financial Corp Director Styslinger III Acquires Phantom Stock

Director Lee J Styslinger III acquired phantom stock in Regions Financial Corp through a director compensation program.

Summary

• Lee J Styslinger III, a director of Regions Financial Corp, acquired 1,544.0041 shares of phantom stock on April 15, 2025.
• The acquisition was part of Regions' Director Compensation Program, where the director elected to receive phantom stock in lieu of cash compensation.
• The phantom stock was accrued under Regions' Directors' Deferred Investment Plan.
• Each share of phantom stock represents the right to the cash value of one share of Regions' common stock.
• The price of the phantom stock was $19.43 per share.
• Following the transaction, Styslinger directly owns 260,570.1108 shares of phantom stock, which includes reinvested quarterly cash dividends.
• 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 sentiment is neutral to slightly positive. The director's acquisition of phantom stock indicates confidence in the company, but it's a routine transaction.

Positives

• The director's decision to take phantom stock instead of cash shows confidence in the company's future performance.
• The reinvestment of dividends into phantom stock further aligns the director's interests with those of the shareholders.

Future Outlook

The document does not contain specific forward-looking statements, but the director's continued investment in phantom stock suggests a positive outlook on the company's future.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in the financial industry as part of executive and director compensation packages. It provides transparency into the actions of company insiders.

Comparison to Industry Standards

• Director compensation programs involving phantom stock are common among financial institutions like Regions Financial Corp.
• Companies such as Bank of America and JPMorgan Chase also utilize similar deferred compensation plans for their executives and directors.
• The amount of phantom stock awarded is generally aligned with industry benchmarks for director compensation at similarly sized financial institutions.

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

Keywords

phantom stock, director compensation, Regions Financial Corp, Form 4, insider trading, Styslinger, equity securities