Regions Financial (NYSE: RF) grants 5,404 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Davis Noopur reported acquisition or exercise transactions in this Form 4 filing.
Regions Financial Corp director Noopur Davis received a grant of restricted stock units. On the transaction date, Davis was awarded 5,404 restricted stock units, each representing a contingent right to receive one share of common stock. These units vest on the date of the 2027 Annual Meeting of Shareholders, subject to a service requirement, and Davis’s direct holdings after this award total 5,404 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davis Noopur
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,404 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,404 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vest on the date of the 2027 Annual Meeting of Shareholders, subject to a service requirement.
Key Figures
RSUs granted: 5,404 units
Price per RSU: $0.00
Common shares underlying RSUs: 5,404 shares
+2 more
5 metrics
RSUs granted
5,404 units
Restricted stock units awarded to director on transaction date
Price per RSU
$0.00
Grant/award acquisition with no cash price per unit
Common shares underlying RSUs
5,404 shares
Each RSU represents a contingent right to one common share
Holdings after transaction
5,404 RSUs
Total restricted stock units directly held after the award
Vesting event
2027 Annual Meeting
RSUs vest on date of 2027 Annual Meeting of Shareholders
Key Terms
Restricted Stock Units, contingent right, Annual Meeting of Shareholders, service requirement, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock."
service requirement financial
"The restricted stock units vest on the date of the 2027 Annual Meeting of Shareholders, subject to a service requirement."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Regions Financial (RF) director Noopur Davis report?
Director Noopur Davis reported receiving 5,404 restricted stock units as a grant. Each unit represents a contingent right to one share of Regions Financial common stock, providing equity-based compensation tied to future service and vesting conditions.
How many restricted stock units did Noopur Davis receive from Regions Financial (RF)?
Noopur Davis received 5,404 restricted stock units from Regions Financial. These units are a form of equity compensation and, if vested, will convert into 5,404 shares of common stock, aligning the director’s interests with shareholders over time.
When do Noopur Davis’s Regions Financial (RF) restricted stock units vest?
The restricted stock units vest on the date of the 2027 Annual Meeting of Shareholders. Vesting is subject to a service requirement, meaning Davis must continue in the qualifying role until that meeting for the units to convert into common shares.
What does each restricted stock unit granted to Noopur Davis by Regions Financial (RF) represent?
Each restricted stock unit represents a contingent right to receive one share of Regions Financial common stock. The right becomes actual shares only after the vesting conditions, including continued service through the 2027 Annual Meeting of Shareholders, are satisfied.
How many Regions Financial (RF) restricted stock units does Noopur Davis hold after this grant?
After this equity award, Noopur Davis directly holds 5,404 restricted stock units. These holdings reflect the full amount granted in this transaction and will convert into common stock only if the vesting and service requirements are met.