Regions Financial Corp Director Receives Phantom Stock Under Deferred Compensation Plan

Overview

On October 19, 2026, a Form 4 was filed for Regions Financial Corp ($RF) reporting an acquisition of derivative securities by Director Lee J. Styslinger III.

Transaction Summary

• Date: October 15, 2026
• Security: Phantom Stock
• Transaction Code: A (Acquisition / Award)
• Shares Acquired: 1,144.2695
• Price per Share: $27.31
• Total Transaction Value: ~$31,250.00
• Post-Transaction Beneficial Ownership: 283,662.8696 phantom stock units

Context and Footnote Details

• Structure: Per the filing footnotes, the reporting person elected to receive phantom stock in lieu of cash compensation under Regions' Director Compensation Program. These units accrue quarterly in arrears under the Directors' Deferred Investment Plan.
• Settlement: Each share of phantom stock represents the right to the cash value of one share of common stock upon retirement or termination from board service.

Market and Trading Impact

This transaction represents routine director fee deferral into phantom equity rather than an open-market discretionary purchase or sale. Because it follows standard, predetermined board compensation arrangements, it carries Low informational significance for market direction.