SEC FORM 4

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

JACKSON RONALD C

(Last)

(First)

(Middle)

P.O. BOX 10247

(Street)

BIRMINGHAM

35202

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
REGIONS FINANCIAL CORP [ RF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP & Comptroller

3. Date of Earliest Transaction (Month/Day/Year)
04/26/2006

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/26/2006		X		886	A	$31.387	11,509	D
Common Stock	04/26/2006		X		4,629	A	$33.48	16,138	D
Common Stock	04/26/2006		X		1,168	A	$28.881	17,306	D
Common Stock	04/26/2006		X		12,346	A	$28.171	29,652	D
Common Stock	04/26/2006		S		19,029	D	$35.911	10,623	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option	$31.39	04/26/2006		X			886	10/09/1998	10/09/2007	Common Stock	886	$33.49	0.00	D
Stock Option	$33.48	04/26/2006		X			4,629	04/09/1999	04/09/2008	Common Stock	4,629	$33.48	0.00	D
Stock Option	$28.88	04/26/2006		X			1,168	08/30/2000	08/30/2009	Common Stock	1,168	$28.88	3,462	D
Stock Option	$28.17	04/26/2006		X			12,346	⁽¹⁾	04/21/2011	Common Stock	12,346	$28.17	6,173	D
Phantom Stock Units (401k)	$0.00⁽²⁾							⁽²⁾	⁽²⁾	Common Stock	2,849		2,849	D
Stock Option	$25.66							02/19/2006	02/19/2010	Common Stock	4,032		4,032	D
Stock Option	$33.82							⁽³⁾	10/15/2011	Common Stock	20,000		20,000	D
Stock Option	$25.02							01/22/2004	01/22/2012	Common Stock	1,857		1,857	D
Stock Option	$25.02							01/22/2005	01/22/2012	Common Stock	3,858		3,858	D

Explanation of Responses:

1. The option becomes exercisable in three equal installments on April 21, 2005, 2006 and 2007.

2. The reported phantom stock units were acquired under Regions' benefit plans.

3. The option becomes exercisable in two equal installments on October 15, 2006 and 2007.

	By: D. Bryan Jordan	04/26/2006
	** 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).
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