SEC Filing Summary: Regions Financial Corp (8-K)
Business Context and Reporting Period
This Form 8-K was filed by Regions Financial Corporation on November 22, 2016. The report addresses a temporary suspension of trading under the company's employee benefit plans due to a change in the 401(k) Plan recordkeeper effective January 1, 2017.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is administrative in nature and does not contain financial performance data.
Material Changes
The primary material change is the implementation of a "Blackout Period" for the Regions Financial Corporation 401(k) Plan. During this period, participants will be unable to make account changes, redirect investment allocations, or request withdrawals.
- Blackout Start: December 23, 2016, at 2:00 p.m. Central Time.
- Expected End: January 13, 2017.
- Reason: Transition of the Plan's recordkeeper.
Guidance, Outlook, and Risks
Management has notified Executive Officers and Directors of the blackout period in compliance with Section 306 of the Sarbanes-Oxley Act of 2002 and Rule 104 of Regulation BTR. No financial guidance, outlook, or new risk factors were disclosed in this filing.
Key Facts for Investor Verification
- Verify the exact dates of the 401(k) trading blackout (Dec 23, 2016 – Jan 13, 2017).
- Confirm that no trading or account changes can occur for employees during the specified window.
- Note that this filing does not impact the company's reported financial results or capital structure.