Regency Centers (REG) awards 7,215 restricted stock shares to General Counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HERMAN MICHAEL R reported acquisition or exercise transactions in this Form 4 filing.
Regency Centers Corp reported that Senior VP and General Counsel Michael R. Herman received a grant of 7,215 shares of restricted stock on March 4, 2026. The award was granted at a price of $0.00 per share as part of his equity compensation.
All 7,215 shares are held as direct ownership after the transaction. According to the terms, the restricted shares vest in four equal installments of 25% each year, beginning on March 4, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HERMAN MICHAEL R
Role
Senior VP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Grant | 7,215 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Grant — 7,215 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did REG report for Michael R. Herman?
Regency Centers Corp reported that Senior VP and General Counsel Michael R. Herman acquired 7,215 restricted stock shares on March 4, 2026. The shares were granted at $0.00 per share as part of his equity-based compensation package.
Was cash paid for Michael R. Herman’s REG restricted stock grant?
No cash was paid for the restricted stock grant; it was awarded at $0.00 per share. This indicates a compensatory equity award by Regency Centers Corp, rather than a purchase of shares on the open market by the executive.