Regions Financial (NYSE: RF) awards phantom stock to board director
Rhea-AI Filing Summary
STYSLINGER LEE J III reported acquisition or exercise transactions in this Form 4 filing.
REGIONS FINANCIAL CORP director Lee J. Styslinger III received a grant of 992.6938 shares of phantom stock, each representing the cash value of one share of common stock, in lieu of cash director fees under a deferred investment plan. After this award, he holds 279,409.4446 phantom stock units, including amounts from reinvested dividends, payable in cash in a lump sum or installments after he leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STYSLINGER LEE J III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 992.694 | $31.48 | $31K |
Holdings After Transaction:
Phantom Stock — 279,409.445 shares (Direct)
Footnotes (1)
- Each share of phantom stock represents the right to the cash value of one share of Regions' common stock. The reporting person has elected to receive shares of phantom stock in lieu of cash compensation payable pursuant to Regions' Director Compensation Program. The shares of phantom stock are accrued under Regions' Directors' Deferred Investment Plan on the date such fees would otherwise be payable (i.e., quarterly, in arrears). Shares of phantom stock are payable in cash in a lump sum or up to 10 annual installments, at the election of the reporting person, within 30 days after the close of the plan year in which the reporting person terminates service as a director. Includes quarterly cash dividends that have been deemed reinvested in phantom stock.
Key Figures
Phantom stock units granted: 992.6938 units
Reference value per phantom unit: $31.48 per unit
Total phantom stock after grant: 279,409.4446 units
+1 more
4 metrics
Phantom stock units granted
992.6938 units
Grant of phantom stock to director on 2026-07-15
Reference value per phantom unit
$31.48 per unit
Transaction price per phantom stock unit for this award
Total phantom stock after grant
279,409.4446 units
Director’s phantom stock balance following the reported transaction
Underlying common stock
992.6938 shares
Common stock equivalent represented by the phantom stock units granted
Key Terms
Phantom Stock, Director Compensation Program, Directors' Deferred Investment Plan, reinvested in phantom stock
4 terms
Phantom Stock financial
"Each share of phantom stock represents the right to the cash value of one share"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Director Compensation Program financial
"cash compensation payable pursuant to Regions' Director Compensation Program"
Directors' Deferred Investment Plan financial
"accrued under Regions' Directors' Deferred Investment Plan on the date such fees"
reinvested in phantom stock financial
"Includes quarterly cash dividends that have been deemed reinvested in phantom stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RF director Lee J. Styslinger III report on this Form 4?
Lee J. Styslinger III reported receiving 992.6938 phantom stock units tied to Regions Financial common stock as part of the director compensation program, increasing his total phantom stock holdings to 279,409.4446 units under the company’s deferred investment plan.
What is the value basis of the phantom stock units reported by RF on this Form 4?
Each phantom stock unit represents the cash value of one share of Regions Financial common stock, with this award referencing a value of $31.48 per unit, aligning the director’s deferred compensation with future movements in the company’s share price.
How does Regions Financial (RF) grant phantom stock to directors under its compensation program?
The director elected to receive phantom stock instead of cash fees under Regions’ Director Compensation Program. Units are accrued quarterly in arrears in the Directors’ Deferred Investment Plan on the dates when board fees would otherwise have been paid in cash.
When will the phantom stock units reported by RF for Lee J. Styslinger III be paid out?
The phantom stock units are payable in cash after the director’s service ends, either as a lump sum or up to 10 annual installments, within 30 days after the close of the plan year in which he terminates service as a director.
Do the RF phantom stock holdings for Lee J. Styslinger III include reinvested dividends?
Yes. The reported 279,409.4446 phantom stock units include quarterly cash dividends that are deemed reinvested into additional phantom stock units, causing the director’s deferred balance to grow over time alongside dividends on Regions Financial common shares.