X0306 4 2019-04-01 0001281761 REGIONS FINANCIAL CORP RF 0001411152 KIMBROUGH HARDIE B. JR P. O. BOX 10247 BIRMINGHAM AL 35202-0247 1 Controller Common Stock 2019-01-02 5 J 0 171.2197 13.3529 A 17208.6549 D Common Stock 2019-01-02 5 J 0 6.0466 13.3529 A 17214.7015 D Common Stock 2019-04-01 4 M 0 9505.0000 0 A 26719.7015 D Common Stock 2019-04-01 4 M 0 7604.0000 0.0000 A 34323.7015 D Common Stock 2019-04-01 4 F 0 7589.0000 14.6700 D 26734.7015 D Common Stock 13344.6904 I By 401(k) Common Stock (phantom stock) 7667.7296 I Indirect - By 401 (k) Supplemental Plan Performance Stock Units - 2016 2019-04-01 4 M 0 7604.0000 0.0000 D Common Stock 9505.0000 0.0000 D Performance Stock Units (2019) 2019-04-01 4 A 0 4418.0000 0.0000 A Common Stock 6627.0000 4418.0000 D Restricted Stock Units 0.0000 2019-04-01 4 A 0 4418.0000 0.0000 A Common Stock 4418.0000 19998.0000 D Restricted Stock Units 0.0000 2019-04-01 4 M 0 7604.0000 0.0000 D Common Stock 7604.0000 12394.0000 D These shares were acquired through regular dividend reinvestments. The performance stock units vested and were settled in shares of common stock as of April 1, 2019, at the conversion rate of 1.25 shares of common stock for each unit, based on the level of company achievement of performance goals during the performance period from January 1, 2016, through December 31, 2018. The restricted stock units vested and were settled in shares of common stock on a 1-for-1 basis as of April 1, 2019. Expressed as ownership units in the respective plan's unitized employer stock fund, which is managed such that each unit is intended to approximate the economic value of one share of common stock. Each performance stock unit is the economic equivalent of up to one and one-half shares of Regions Financial Corporation common stock with deemed reinvestment of dividends. The target number of shares underlying the performance stock units is equal to the number of units. The actual number of underlying shares could range from 0% to 150% of the target amount depending on the level of company achievement of performance thresholds and goals during the performance period from January 1, 2019, through December 31, 2021. The performance stock units will be settled in shares of common stock as of April 1, 2022, subject to a service requirement and performance thresholds and goals and subject to earlier vesting in whole or in part under certain conditions. Each restricted stock unit is the economic equivalent of one share of Regions Financial Corporation common stock with deemed reinvestment of dividends. The restricted stock units will be settled in shares of common stock as of April 1, 2022, subject to a service requirement and performance thresholds and subject to earlier vesting in whole or in part under certain conditions. Lachelle S. Koon - Attorney-in-Fact 2019-04-03