Regions Financial (NYSE: RF) SEVP updates stake after equity vesting and tax withholding
Rhea-AI Filing Summary
Regions Financial Corp senior executive vice president David R. Keenan reported several compensation-related equity transactions in company stock. On April 3, 2026, restricted stock units and related dividend-equivalent units vested and were settled, converting into a total of 23,902.9321 shares of common stock through derivative exercises.
The filing also shows an additional 13,584 shares of common stock acquired as a grant or award, as well as 3,003.9321 shares disposed to the issuer tied to cash dividend equivalents and 15,294 shares withheld to cover tax obligations at $26.47 per share. After these transactions, Keenan directly holds 110,104 shares of Regions Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 19,189 shares
Net Buy
7 txns
Insider
Keenan David R.
Role
SEVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 20,899 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,003.9321 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,899 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,003.9321 | $0.00 | $0.00 |
| Disposition | Common Stock | 3,003.9321 | $26.47 | $80K |
| Grant/Award | Common Stock | 13,584 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 15,294 | $26.47 | $405K |
Holdings After Transaction:
Restricted Stock Units — 69,781.749 shares (Direct);
Common Stock — 110,104 shares (Direct)
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 and related vesting: 23,902.9321 shares
Share grant/award: 13,584 shares
Tax withholding shares: 15,294 shares
+4 more
7 metrics
RSU and related vesting
23,902.9321 shares
Common stock from vested restricted stock and dividend-equivalent units on April 3, 2026
Share grant/award
13,584 shares
Common stock acquired as grant or award on April 3, 2026
Tax withholding shares
15,294 shares
Shares withheld for tax obligations at $26.47 per share
Disposition to issuer
3,003.9321 shares
Common shares disposed to issuer tied to cash dividend equivalents
Post-transaction holdings
110,104 shares
Directly owned Regions Financial common stock after all reported transactions
Implied market price
$26.47 per share
Price used for tax withholding and disposition entries
Total derivative exercises
23,902.9321 shares
ExerciseShares from transactionSummary for RSU-related conversions
Key Terms
Restricted Stock Units, performance share units, tax-withholding disposition, disposition to issuer, +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"
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.
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.
disposition to issuer financial
"Represents the disposition of cash dividends that were deemed reinvested in restricted stock units and settle in cash"
dividend-equivalent units financial
"Represents the vesting of cash dividends on restricted stock units granted on April 3, 2023 that were deemed reinvested"
FAQ
What did Regions Financial (RF) executive David R. Keenan report on this Form 4?
He reported multiple equity compensation events, including vested restricted stock units and new share awards. These transactions converted stock-based awards into common shares and adjusted his holdings through tax withholding and a disposition tied to dividend-equivalent units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
