Regions Financial director awarded phantom stock units
Hill J Thomas reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Hill J Thomas reported acquisition or exercise transactions in this Form 4 filing.
Director J Thomas Hill of Regions Financial received 1,111.817 phantom stock units on July 15, 2026 at $31.48 per unit as deferred director compensation in lieu of cash, raising his phantom stock balance to 22,883.3112 units, payable in cash after his board service ends.
Insider Trade Summary
Grant/Award: 1,111.817 shares
Grant/Award
1 txn
Insider
Hill J Thomas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock F1, F2, F3, F4 | 1,111.817 | $31.48 | $35K |
Holdings After Transaction:
Phantom Stock — 22,883.3112 units (Direct)
Footnotes (4)
- F1. Each share of phantom stock represents the right to the cash value of one share of Regions' common stock.
- F2. 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).
- F3. 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.
- F4. Includes quarterly cash dividends that have been deemed reinvested in phantom stock.
Key Figures
Phantom stock units acquired: 1,111.8170 units
Per-unit value of phantom stock: $31.4800
Total phantom stock after grant: 22,883.3112 units
+2 more
5 metrics
Phantom stock units acquired
1,111.8170 units
Grant/award on July 15, 2026 in lieu of cash director fees
Per-unit value of phantom stock
$31.4800
Value used to convert director fees into phantom stock units
Total phantom stock after grant
22,883.3112 units
Director’s phantom stock balance following the July 15, 2026 transaction
Underlying common stock equivalent
1,111.8170 shares
Each phantom stock unit tracks the cash value of one common share
Maximum installment period
10 annual installments
Optional payout schedule for cash settlement after board service ends
Key Terms
Phantom Stock, Director Compensation Program, Directors' Deferred Investment Plan, deemed reinvested
4 terms
Phantom Stock financial
"Each share of phantom stock represents the right to the cash value"
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
"in lieu of 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"
deemed reinvested financial
"Includes quarterly cash dividends that have been deemed reinvested in phantom stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Regions Financial (RF) director J Thomas Hill report in this Form 4?
J Thomas Hill reported receiving 1,111.817 phantom stock units on July 15, 2026 as a grant under Regions Financial’s director compensation programs, taken in lieu of cash fees and increasing his total phantom stock holdings to 22,883.3112 units.
How many phantom stock units did RF director J Thomas Hill hold after this transaction?
After the July 15, 2026 grant, J Thomas Hill held 22,883.3112 phantom stock units. These units track the cash value of Regions Financial common stock and include amounts from prior grants and deemed reinvested quarterly cash dividends.
What is phantom stock in the context of Regions Financial (RF)?
Each phantom stock unit represents the right to receive the cash value of one share of Regions Financial common stock. The units are bookkeeping entries, not actual shares, and are ultimately settled in cash rather than stock.
Why did RF director J Thomas Hill receive phantom stock instead of cash?
He elected to receive phantom stock units in lieu of cash fees under Regions Financial’s Director Compensation Program. Quarterly director fees are accrued as phantom stock under the Directors’ Deferred Investment Plan rather than being paid currently in cash.
When will Regions Financial (RF) pay out J Thomas Hill’s phantom stock units?
The phantom stock is payable in cash in a lump sum or up to 10 annual installments, at his election, within 30 days after the close of the plan year in which he terminates service as a director of Regions Financial.
How is the $31.48 figure used for RF director J Thomas Hill’s phantom stock grant?
The July 15, 2026 grant of 1,111.817 phantom stock units was valued at $31.48 per unit. This per-unit value is used to convert his deferred director fees into phantom stock that tracks Regions Financial’s common stock price in cash terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
