Regency Centers director exercises 1,807 share awards
Regency Centers Corp director Thomas W. Furphy reported compensation-related equity activity, not open-market trading.
Rhea-AI Filing Summary
Regency Centers Corp director Thomas W. Furphy reported compensation-related equity activity, not open-market trading. On 2026-05-11, he exercised and settled equity awards covering a total of 1,807 shares of Regency common stock through the vesting of restricted stock and related dividend equivalent rights. The footnotes explain that these awards vested under Regency’s Omnibus Incentive Plan, with dividend equivalents converting into common shares as company dividends were paid. The filing shows only derivative exercises and award vesting, with no reported share sales or cash purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,807 shares exercised/converted
Exercise
4 txns
Insider
FURPHY THOMAS W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock | 1,736 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights | 71 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,736 | $0.00 | $0.00 |
| Exercise | Common Stock | 71 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock — 0 contracts (Direct);
Dividend Equivalent Rights — 0 contracts (Direct);
Common Stock — 14,316 shares (Direct)
Footnotes (2)
- F1. Vesting of restricted stock grant pursuant to Regency's Omnibus Incentive Plan.
- F2. Settlement of dividend equivalent rights in connection with vesting of restrictive stock. The rights accrued when and as dividends were paid on Regency's common stock and vested proportionately with the restricted stock. Each dividend equivalent is the equivalent of one share of Regency's common stock.
Key Figures
Shares from exercises: 1,807 shares
Dividend equivalent rights exercised: 71 rights
Restricted stock vested: 1,736 shares
+2 more
5 metrics
Shares from exercises
1,807 shares
Total shares from derivative exercises on 2026-05-11
Dividend equivalent rights exercised
71 rights
Converted into 71 common shares on 2026-05-11
Restricted stock vested
1,736 shares
Restricted stock converted into common shares on 2026-05-11
Exercise transactions
2 exercises
transactionSummary exerciseCount for derivative exercises
Acquisition transactions
4 acquisitions
transactionSummary acquireCount across all reported entries
Key Terms
Dividend Equivalent Rights, Restricted Stock, Omnibus Incentive Plan, Exercise or conversion of derivative security
4 terms
Dividend Equivalent Rights financial
"Settlement of dividend equivalent rights in connection with vesting of restrictive stock."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Restricted Stock financial
"Vesting of restricted stock grant pursuant to Regency's Omnibus Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Omnibus Incentive Plan financial
"Vesting of restricted stock grant pursuant to Regency's Omnibus Incentive Plan."
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What did Regency Centers (REG) director Thomas W. Furphy report on this Form 4?
Thomas W. Furphy reported the vesting and settlement of equity awards tied to Regency Centers’ common stock. The transactions reflect exercised restricted stock and dividend equivalent rights, recorded as acquisitions, with no open-market share purchases or sales disclosed in this filing.
What are the dividend equivalent rights mentioned in the Regency Centers (REG) filing?
Dividend equivalent rights mirror dividends on Regency’s common stock and convert into shares when awards vest. The footnote explains each dividend equivalent right equals one share of common stock and vested proportionately with the related restricted stock grant under the incentive plan.
What plan governed the vested awards in this Regency Centers (REG) Form 4?
The vested awards were granted under Regency Centers’ Omnibus Incentive Plan. The footnotes state that restricted stock vested pursuant to this plan, and associated dividend equivalent rights settled into common shares as dividends were paid and the underlying restricted stock vested.
AI-generated analysis. How Rhea-AI works. Not financial advice.
