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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

MILLER PETER D

(Last)

(First)

(Middle)

P O DRAWER 937

(Street)

GAINESVILLE

303050937

(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)
	Regional CEO

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2006

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	04/24/2006		X		3,898	A	$25.656	257,579.597	D
Common Stock	04/24/2006		X		3,462	A	$28.881	261,041.597	D
Common Stock	04/24/2006		F		5,614	D	$35.625	255,427.597	D
Common Stock	04/25/2006		X		46,298	A	$25.656	301,725.597	D
Common Stock	04/25/2006		X		2,902	A	$25.656	304,627.597	D
Common Stock	04/25/2006		S		49,200	D	$35.533	255,427.597	D
Common Stock	04/25/2006		G	V	498	D	$0	254,929.597	D
Common Stock	04/26/2006		X		20,246	A	$25.656	275,175.597	D
Common Stock	04/26/2006		X		19,251	A	$25.656	294,426.597	D
Common Stock	04/26/2006		S		39,497	D	$35.796	254,929.597	D
Common Stock								28,561	I	By Spouse
Common Stock								31,507	I	CLM Associates LFP
Common Stock								62,830	I	PDM Associates LP

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	$28.88	04/24/2006		X			3,462	08/30/2000	08/30/2009	Common Stock	3,462	$28.88	28,946	D
Stock Option	$25.66	04/24/2006		X			3,898	02/19/2006	02/19/2010	Common Stock	3,898	$25.66	0.00	D
Stock Option	$25.66	04/25/2006		X			46,298	02/19/2004	02/19/2010	Common Stock	46,298	$25.66	0.00	D
Stock Option	$25.66	04/25/2006		X			2,902	02/19/2005	02/19/2010	Common Stock	2,902	$25.66	20,246	D
Stock Option	$25.66	04/26/2006		X			20,246	02/19/2005	02/19/2010	Common Stock	20,246	$25.66	0.00	D
Stock Option	$25.66	04/26/2006		X			19,251	12/20/2005	02/19/2010	Common Stock	19,251	$25.66	0.00	D
Phantom Stock Units (401k)	$0.00⁽¹⁾							⁽¹⁾	⁽¹⁾	Common Stock	6,257		6,257	D
Stock Option	$33.48							04/09/1999	04/09/2008	Common Stock	29,423		29,423	I	CLM Associates LFP
Stock Option	$33.48							04/09/1999	04/09/2008	Common Stock	2,985		2,985	D
Stock Option	$28.17							04/21/2005	04/21/2011	Common Stock	37,038		37,038	D
Stock Option	$28.17							12/20/2005	04/21/2011	Common Stock	70,527		70,527	D
Stock Option	$28.17							04/21/2007	04/21/2011	Common Stock	3,549		3,549	D
Stock Option	$33.82							12/20/2005	10/15/2011	Common Stock	90,000		90,000	D
Stock Option	$25.02							01/22/2005	01/22/2012	Common Stock	3,995		3,995	D
Stock Option	$34.66							⁽²⁾	12/20/2012	Common Stock	56,434		56,434	D

Explanation of Responses:

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

2. The option becomes exercisable in three equal installments on December 20, 2006, 2007 and 2008.

	By: Ronald C. Jackson	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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.