Regions Financial (RF) accounting chief reports equity vesting, grants and tax withholdings
Rhea-AI Filing Summary
REGIONS FINANCIAL CORP Principal Accounting Officer Karin K. Allen reported compensation-related stock transactions involving restricted stock units and performance share units. On April 3, 2026 she exercised and vested RSUs totaling 1,992.3876 units into the same number of common shares and received an additional grant of 1,132 common shares as compensation. A portion of the shares, 1,276, was withheld at $26.47 per share to cover tax obligations, and 250.3876 shares were returned to the issuer in a disposition tied to cash-settled dividend equivalents. After these transactions she directly holds 39,985 common shares, with a further 35,637.9528 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,598 shares
Net Buy
8 txns
Insider
Allen Karin K
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,742 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 250.3876 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,742 | $0.00 | $0.00 |
| Exercise | Common Stock | 250.3876 | $0.00 | $0.00 |
| Disposition | Common Stock | 250.3876 | $26.47 | $7K |
| Grant/Award | Common Stock | 1,132 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,276 | $26.47 | $34K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,321.5153 shares (Direct);
Common Stock — 39,985 shares (Direct);
Common Stock — 35,637.9528 shares (Indirect, 401(k))
Footnotes (7)
- F1. Represents the vesting of restricted stock units granted on April 3, 2023 that settle in shares of common stock on a 1-for-1 basis.
- F2. Represents the vesting of cash dividends on restricted stock units granted on April 3, 2023 that were deemed reinvested in restricted stock units and settle in cash.
- F3. Represents the disposition of cash dividends that were deemed reinvested in restricted stock units and settle in cash.
- F4. Performance share units vested and were settled in shares of common stock at a conversion rate of .65 shares of common stock for each performance share unit. The number of performance share units earned was based on the issuer meeting certain performance thresholds and goals during the period from January 1, 2023 through December 31, 2025.
- F5. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F6. Includes quarterly cash dividends that were reinvested in restricted stock units.
- F7. Each restricted stock unit represents a contingent right to receive cash due to cash dividends that have been deemed reinvested in restricted stock units.
Key Figures
RSU shares exercised: 1,992.3876 shares
New stock grant: 1,132 shares
Tax withholding shares: 1,276 shares
+4 more
7 metrics
RSU shares exercised
1,992.3876 shares
Restricted stock units vested and converted to common stock on April 3, 2026
New stock grant
1,132 shares
Common stock granted as compensation on April 3, 2026
Tax withholding shares
1,276 shares
Shares withheld at $26.47 per share to cover tax obligations
Disposition to issuer
250.3876 shares
Common shares returned to issuer related to cash dividend equivalents
Direct holdings post-transaction
39,985 shares
Common stock directly owned after April 3, 2026 transactions
Indirect 401(k) holdings
35,637.9528 shares
Common stock held indirectly through a 401(k) plan after transactions
Withholding price
$26.47 per share
Price used for tax-withholding and disposition entries on April 3, 2026
Key Terms
Restricted Stock Units, Performance share units, cash dividends, 401(k), +1 more
5 terms
Restricted Stock Units financial
"Represents the vesting of restricted stock units granted on April 3, 2023 that settle in shares of common stock on a 1-for-1 basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cash dividends financial
"Represents the vesting of cash dividends on restricted stock units granted on April 3, 2023 that were deemed reinvested in restricted stock units and settle in cash."
401(k) financial
"Common Stock, total_shares_following_transaction 35637.9528, nature_of_ownership 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did RF executive Karin K. Allen report in this Form 4 filing?
Karin K. Allen reported routine equity compensation activity, including vested restricted stock units converting into common shares, a new stock grant, and share withholdings for taxes. These transactions reflect normal compensation and tax mechanics rather than open-market buying or selling.
AI-generated analysis. How Rhea-AI works. Not financial advice.
