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Regency Centers logoRegency Centers REG

The company said its Board voted on December 15, 2025 to elect Mark J. Parrell as a director effective January 1, 2026. To do so, it increased the size of the Board from 11 to 12 members.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its Board voted on December 15, 2025 to elect Mark J. Parrell as a director effective January 1, 2026. To do so, it increased the size of the Board from 11 to 12 members.

  2. Regency said Parrell has been a member of the Board of Trustees of Equity Residential and its President and Chief Executive Officer since January 2019, and served as its Executive Vice President and Chief Financial Officer from 2007 to 2018. The company determined he is independent under Nasdaq listing standards.

  3. The company said Parrell's term will expire at the 2026 annual meeting of stockholders, and that he will initially serve on the Audit and Investment committees. The company said there are no related party transactions involving him that require disclosure under Item 404(a).

  4. The company said Parrell will take part in its standard non-employee director compensation program, with an annual cash retainer of $75,000 and an annual common stock rights grant valued at $125,000 that vests on the 1st anniversary of the grant. His compensation will be prorated for the partial year from January 1, 2026 to the annual meeting.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Regency Centers Elects Mark J. Parrell to Board

The company said its Board voted on December 15, 2025 to elect Mark J. Parrell as a director effective January 1, 2026. To do so, it increased the size of the Board from 11 to 12 members.

Source · Based on the filing body and exhibits

Parrell's Experience and Independence Determination

Regency said Parrell has been a member of the Board of Trustees of Equity Residential and its President and Chief Executive Officer since January 2019, and served as its Executive Vice President and Chief Financial Officer from 2007 to 2018. The company determined he is independent under Nasdaq listing standards.

Source · Based on the filing body and exhibits

Term and Committee Assignments

The company said Parrell's term will expire at the 2026 annual meeting of stockholders, and that he will initially serve on the Audit and Investment committees. The company said there are no related party transactions involving him that require disclosure under Item 404(a).

Source · Based on the filing body and exhibits

Non-Employee Director Compensation Terms

The company said Parrell will take part in its standard non-employee director compensation program, with an annual cash retainer of $75,000 and an annual common stock rights grant valued at $125,000 that vests on the 1st anniversary of the grant. His compensation will be prorated for the partial year from January 1, 2026 to the annual meeting.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.