Regions Financial Corp. Reports Board and Executive Compensation Changes
Ticker: RF-PF · Form: 8-K · Filed: Dec 11, 2024 · CIK: 1281761
| Field | Detail |
|---|---|
| Company | Regions Financial Corp (RF-PF) |
| Form Type | 8-K |
| Filed Date | Dec 11, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $43,333 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: RF
TL;DR
Regions Financial (RF) filed an 8-K detailing director departures and executive comp changes effective Dec 10.
AI Summary
Regions Financial Corporation announced on December 10, 2024, changes related to its board of directors and executive compensation. Specifically, the company reported the departure of a director and the appointment of a new officer, along with updates to compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance and compensation matters without indicating significant financial distress or strategic shifts.
Key Players & Entities
- Regions Financial Corporation (company) — Registrant
- December 10, 2024 (date) — Date of earliest event reported
FAQ
Who departed from the board of directors?
The filing indicates the departure of a director, but the specific name is not provided in the provided text.
Was a new officer appointed?
Yes, the filing states the appointment of a new officer.
What specific compensatory arrangements were updated?
The filing mentions updates to compensatory arrangements of certain officers, but the details are not specified in the provided text.
What is the exact date of the reported events?
The earliest event reported is dated December 10, 2024.
What is the state of incorporation for Regions Financial Corporation?
Regions Financial Corporation is incorporated in Delaware.
Filing Stats: 847 words · 3 min read · ~3 pages · Grade level 11.3 · Accepted 2024-12-11 09:02:55
Key Financial Figures
- $43,333 — 2025, with a grant date value equal to $43,333, which is the prorated amount of the an
Filing Documents
- rf-20241210.htm (8-K) — 38KB
- bod-jenkinsnewsreleasev9.htm (EX-99.1) — 6KB
- bod-jenkinsnewsreleasev9001.jpg (GRAPHIC) — 212KB
- bod-jenkinsnewsreleasev9002.jpg (GRAPHIC) — 205KB
- 0001281761-24-000103.txt ( ) — 795KB
- rf-20241210.xsd (EX-101.SCH) — 2KB
- rf-20241210_def.xml (EX-101.DEF) — 16KB
- rf-20241210_lab.xml (EX-101.LAB) — 29KB
- rf-20241210_pre.xml (EX-101.PRE) — 17KB
- rf-20241210_htm.xml (XML) — 6KB
01 Other Events
Item 8.01 Other Events. On December 11, 2024, the Company issued a press release announcing the appointment of Mr. Jenkins to the Boards. The press release is attached hereto as Exhibit 99.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description of Exhibit 10.1 Regions Financial Corporation Director Compensation Program, effective April 17, 2024 (filed as Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, filed on May 7, 2024 and incorporated by reference herein). 99.1 Press Release dated December 11, 2024. 104 Cover Page Interactive Data (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. REGIONS FINANCIAL CORPORATION By: /s/ Tara A. Plimpton Name: Tara A. Plimpton Title: Chief Legal Officer and Corporate Secretary Date: December 11, 2024