Regions Financial Director Hill J Thomas Acquires Phantom Stock via Fee Deferral Plan

Insider Filing Analysis: Regions Financial Corp ($RF)

Transaction Overview

On October 15, 2026, Regions Financial Corp Director Hill J Thomas acquired 1,281.5818 shares of phantom stock at an implied price of $27.31 per share, totaling $35,000.00.

Context & Plan Details

• Transaction Code: A (Grant/Award/Deferred Compensation)
• Mechanism: Pursuant to Regions' Director Compensation Program and Directors' Deferred Investment Plan, the reporting person elected to receive phantom stock units in lieu of quarterly cash retainer/board fees.
• Settlement: Each unit corresponds to the cash value of one share of RF common stock and is payable in cash following termination of board service.

Holdings Post-Transaction

Following this transaction, Hill J Thomas directly holds 24,419.5293 shares of phantom stock (which includes dividend equivalents accrued over time).

Market Impact & Significance

• Significance Level: Low
• Rationale: This is a routine, formulaic acquisition resulting from an ongoing election to defer quarterly board retainer fees into phantom equity. It does not reflect an open-market discretionary purchase.