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Regis Corp Form 4: SVP Michelle DeVore Receives 2,500-Share Award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Michelle St. DeVore, Senior Vice President, Marketing at Regis Corporation (RGS), reported an award-based acquisition of 2,500 shares of Regis common stock on 09/05/2025. The transaction price is reported as $0, indicating a grant rather than an open-market purchase. Following the reported transaction, the reporting person beneficially owns 5,000 shares. The award vests in three equal annual tranches: one-third on each of the first, second, and third anniversaries of the grant date, subject to continued employment and the grant terms. The Form 4 was signed by power-of-attorney on 09/09/2025.

Positive

  • Reporting compliance: Timely Form 4 filing documents the insider award and meets Section 16 disclosure requirements.
  • Alignment with long-term incentives: Award vests 1/3 annually over three years, tying compensation to continued employment and future performance.

Negative

  • None.

Insights

TL;DR: Insiders received 2,500 restricted shares; ownership rose to 5,000 shares, a routine compensation grant with time-based vesting.

The reported transaction is a standard equity compensation award rather than a market purchase. A grant of 2,500 shares that vests 1/3 annually aligns management incentives with shareholder value over a three-year horizon. Because the price is reported as $0, this appears to be a restricted stock award or similar form of compensation. For investors, the event is not dilutive at a material level absent information about total outstanding shares or other concurrent grants. This is a routine disclosure required under Section 16.

TL;DR: The filing documents a time-based equity grant to an officer; governance implications are routine and limited.

The filing shows compliance with Section 16 reporting for an officer-level restricted share award. Vesting over three anniversaries is a common retention mechanism. There are no indications of accelerated vesting, related-party transactions, or changes in control provisions disclosed in this Form 4. The disclosure is standard practice and does not by itself indicate governance concerns or extraordinary compensation arrangements.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DeVore Michelle St. Lawrence

(Last) (First) (Middle)
3701 WAYZATA BLVD

(Street)
MINNEAPOLIS MN 55416

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
REGIS CORP [ RGS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Marketing
3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/05/2025 A 2,500(1) A $0 5,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The award vests as to 1/3 of the shares on the first, second, and third anniversaries of the grant date, subject to the Reporting Person's continued employment with the Issuer through such anniversaries and the other terms and conditions of the grant agreements.
/s/ Amy Seidel, by power-of-attorney 09/09/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Michelle St. DeVore report on Form 4 for RGS?

The filing reports an acquisition of 2,500 shares on 09/05/2025 and total beneficial ownership of 5,000 shares following the transaction.

Was the 2,500-share transaction a purchase or a grant?

The transaction price is reported as $0, indicating an equity grant (restricted stock or similar) rather than an open-market purchase.

How does the award vest according to the Form 4?

The award vests 1/3 of the shares on each of the first, second, and third anniversaries of the grant date, subject to continued employment and grant terms.

What is Michelle St. DeVore's role at Regis Corporation noted in the filing?

She is listed as SVP, Marketing and is an officer of the issuer.

When was the Form 4 signed and by whom?

The Form 4 was signed by power-of-attorney Amy Seidel on 09/09/2025.
Regis Corp

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