Regis (RGS) insider filing: 5,400 vested shares; post-transaction 16,976 owned

Rhea-AI Filing Summary

Regis Corporation (RGS) Chief Financial Officer Kersten Delores Zupfer reported a Form 4 disclosing an award vesting and an ownership correction. On 09/05/2025 the reporting person was issued 5,400 shares of common stock at a $0 price as an award vesting payment. The filing states the award vests in three equal annual installments (1/3 on each of the first, second and third anniversaries of the grant date) subject to continued employment and grant terms.

The Form 4 shows 16,976 shares beneficially owned following the transaction after a reconciliation corrected the reported balance. The form was signed by power-of-attorney on 09/09/2025.

Positive

• Transparent disclosure of an equity award vesting schedule and a corrected ownership reconciliation
• No sales reported; the transaction was an award vesting at $0, not an open-market sale that would reduce insider holdings

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider vesting and ownership correction; no cash purchase or sale reported.

The Form 4 documents a non-cash issuance of 5,400 common shares to the CFO under an equity award that vests over three years. The transaction code and $0 price indicate these are restricted stock or similar compensatory shares, not open-market trades. The post-transaction beneficial ownership was adjusted to 16,976 shares after reconciliation, indicating a clerical correction rather than a substantive change in control. Materiality to investors is minimal absent further corporate actions.

Corporate Governance Expert

TL;DR: Compensation vesting disclosed properly; vesting conditions tied to continued employment.

The filing clearly states vesting occurs in three annual tranches contingent on continued employment, which is a standard executive compensation structure. The corrected ownership figure suggests internal record adjustments were made and disclosed. There is no indication of disposition, pledging, or sale, and the signature by power-of-attorney is properly noted.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Zupfer Kersten Delores

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,400	$0.00	--

Holdings After Transaction: Common Stock — 16,976 shares (Direct)

Footnotes (1)

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. Following a reconciliation of the reporting person's ownership records, the balance reflects the corrected number of shares held following the transaction reported in this Form 4.

Form 4 Insider Transactions: What Each Field Means →

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^*

Zupfer Kersten Delores

(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)
	Chief Financial Officer

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		5,400(1)	A	$0	16,976(2)	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.

2. Following a reconciliation of the reporting person's ownership records, the balance reflects the corrected number of shares held following the transaction reported in this Form 4.

	/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 Kersten Delores Zupfer report on Form 4 for RGS?

The CFO reported receipt of 5,400 common shares on 09/05/2025 as an award vesting payment and a corrected post-transaction beneficial ownership of 16,976 shares.

Was the 5,400-share transaction a purchase or a sale?

No. The transaction is reported at a price of $0, indicating issuance from an equity award rather than an open-market purchase or sale.

What are the vesting terms described in the Form 4?

The award vests in three equal installments: one-third on each of the first, second and third anniversaries of the grant date, subject to continued employment and grant terms.

Did the filing change the reported number of shares owned?

Yes. After a reconciliation, the reporting person's ownership balance was corrected to 16,976 shares following the transaction.

Who signed the Form 4 and when?

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