Regions director converts 63,055 RSUs to shares
Regions Financial Corp director James T. Prokopanko exercised restricted stock units that vested and were settled into common shares.
Rhea-AI Filing Summary
Regions Financial Corp director James T. Prokopanko exercised restricted stock units that vested and were settled into common shares. On May 6, 2026, 63,055 restricted stock units converted into 63,055 shares of common stock on a one-for-one basis in connection with his termination of service as a director. Following the settlement, he directly holds 81,786 shares of Regions Financial common stock, and the reported restricted stock unit balance is zero. The footnotes explain this was done under the company’s Directors' Deferred Restricted Stock Unit Plan, where each unit represented a contingent right to receive one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
63,055 shares exercised/converted
Exercise
2 txns
Insider
PROKOPANKO JAMES T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 63,055 | $0.00 | $0.00 |
| Exercise | Common Stock | 63,055 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 81,786 shares (Direct)
Footnotes (3)
- F1. Restricted stock units vested and were settled in shares of common stock on a one-for-one basis on May 6, 2026
- F2. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F3. In accordance with the reporting person's irrevocable deferral election under the Regions Financial Corporation Directors' Deferred Restricted Stock Unit Plan, the reporting person's restricted stock units were settled in shares of common stock on May 6, 2026, the date of the reporting person's termination of service as a director.
Key Figures
RSUs exercised: 63,055 units
Shares received: 63,055 shares
Shares held after: 81,786 shares
+2 more
5 metrics
RSUs exercised
63,055 units
Restricted stock units vested and settled on May 6, 2026
Shares received
63,055 shares
Common stock issued on a one-for-one basis for RSUs
Shares held after
81,786 shares
Total Regions Financial common stock directly held post-transaction
RSU balance after
0 units
Restricted stock units shown as remaining after settlement
Transactions coded M
2 entries
One derivative RSU entry and one resulting common stock entry
Key Terms
Restricted Stock Units, contingent right, Directors' Deferred Restricted Stock Unit Plan, derivative exercise/conversion
4 terms
Restricted Stock Units financial
"Restricted stock units vested and were settled 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
Directors' Deferred Restricted Stock Unit Plan financial
"under the Regions Financial Corporation Directors' Deferred Restricted Stock Unit Plan"
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Regions Financial (RF) director James Prokopanko report on this Form 4?
He reported the vesting and settlement of 63,055 restricted stock units into common stock. These units converted on a one-for-one basis into 63,055 shares, reflecting compensation-related equity rather than an open-market stock purchase or sale.
What are restricted stock units in the Regions Financial (RF) Form 4?
Restricted stock units are compensation awards that give a contingent right to receive shares. In this filing, each restricted stock unit represented the right to receive one Regions Financial common share once vesting and settlement conditions were met.
Why did the restricted stock units settle on May 6, 2026 for Regions Financial (RF)?
They settled on May 6, 2026 in line with James Prokopanko’s irrevocable deferral election under the Directors' Deferred Restricted Stock Unit Plan. The units converted into common shares on the date of his termination of service as a director.
Does James Prokopanko still hold any restricted stock units of Regions Financial (RF) after this filing?
No. The Form 4 shows that after 63,055 restricted stock units were converted into common shares, the reported restricted stock unit balance is zero, meaning this particular award has been fully settled and no remaining units from it are shown.
AI-generated analysis. How Rhea-AI works. Not financial advice.
