DEF 14A of Regency Centers Corp, Mar 25, 2026

DEF 14A of Regency Centers Corp

Filed Mar 25, 2026 · FY20250001193125-26-122880

Open on EDGAR

  1. Proposal One: Election Of Directors

    Proposal One: Election Of Directors Our Restated Articles of Incorporation provide for the number of directors to be fixed pursuant to our bylaws, subject to a minimum of three and a maximum of fifteen. As of the date of this proxy statement, our Board has twelve directors. As previously disclosed, C. Ronald Blankenship, our current independent Lead Director, advised the Board that he intended to retire from the Board and would not stand for re-election in 2026. Our Board nominated all other eleven current directors to stand for election at the 2026 Annual Meeting and, assuming that all nominees are elected, our Board will have eleven directors after our Annual Meeting. Other than Mark J. Parrell, who was appointed to the Board effective January 1, 2026, all nominees were elected as directors by the shareholders at the 2025 Annual Meeting. All eleven directors elected at our 2026 Annual Meeting will serve until our 2027 Annual Meeting and until their successors are elected and qualified. The accompanying proxy card will be voted for the election of each of the Board’s eleven nominees, unless it includes instructions otherwise. Each nominee has consented to stand for election. If any nominee should become unavailable, which we do not currently anticipate, proxies instructing a vote for that nominee may be voted for a substitute nominee selected by our Board or, alternatively, our Board may determine to leave the vacancy temporarily unfilled or reduce the number of directors in accordance with our bylaws. Information about each of the nominees, including biographies, is set forth below and on the following pages.

  2. Proposal One: Election Of Directors

    | OUR BOARD RECOMMENDS A VOTE “FOR” THE ELECTION OF EACH OF ITS NOMINEES. |

  3. Our Director Nominees

    Our Director Nominees You are being asked to vote on the election of each of the eleven director nominees listed below. Directors are elected by a majority of votes cast. Each nominee has been determined to be independent, in accordance with applicable Nasdaq Stock Market listing requirements, except for Mr. Stein (Executive Chairman) and Ms. Palmer (President and CEO). Upon election of these directors at the Annual Meeting, the directors shall hold the Board committee memberships and chair positions as follows:

  4. Our Director Nominees

    | | | | Committee Membership | | | | | Name and Primary Occupation | Age | Director Since | Audit | Compensation | Nominating and Governance | Investment | | Gary E. Anderson Former Chief Operating Officer of Prologis, Inc. | 60 | 2024 | | | | | | Bryce Blair Principal of Harborview Associates, LLC | 67 | 2014 | | | | | | Kristin A. Campbell Former Executive Vice President, General Counsel and Chief ESG Officer of Hilton Worldwide Holdings Inc. | 64 | 2023 | | | | | | Deirdre J. Evens Former Executive Vice President and General Manager, IT Asset Lifecycle Management of Iron Mountain | 62 | 2018 | | | | | | Thomas W. Furphy Chief Executive Officer and Managing Director of Consumer Equity Partners | 59 | 2019 | | | | | | Karin M. Klein Founding Partner of Bloomberg Beta | 54 | 2019 | | | | | | Peter D. Linneman Principal of Linneman Associates | 75 | 2017 | | | | | | Lisa Palmer President and Chief Executive Officer of Regency Centers Corporation | 58 | 2018 | | | | | | Mark J. Parrell President and Chief Executive Officer of Equity Residential | 59 | 2026 | | | | | | James H. Simmons, III Chief Executive Officer and Founding Partner of Asland Capital Partners | 59 | 2021 | | | | | | Martin E. Stein, Jr. Executive Chairman of the Board and Former Chief Executive Officer of Regency Centers Corporation | 73 | 1993 | | | | |

  5. Our Director Nominees

    Member Committee Chair Audit Committee Financial Expert

  6. Director Nominee Qualifications

    Director Nominee Qualifications The following skills matrix and biographies of our nominees contain information regarding each person’s attributes (not including attributes developed and enhanced by virtue of their service on the Company’s Board) and other director positions held currently or at any time during at least the last five years, as well as information regarding involvement in certain legal or administrative proceedings, if applicable. The biographies also reflect the Board Committee memberships the nominees are anticipated to hold upon their election. We believe that each nominee possesses the core competencies expected of all of our directors, namely, independence (except for Mr. Stein and Ms. Palmer), integrity, sound business judgment and the ability and willingness to represent the long-term interests of our shareholders.

  7. Director Nominee Qualifications

    | ATTRIBUTES | | | | | | | | | | | | | BUSINESS/STRATEGIC LEADERSHIP “C Suite” experience (CEO, CFO, COO or similar) or sub “C Suite” experience as division president or functional leader within a substantial organization. | | | | | | | | | | | | | REAL ESTATE/REIT Experience in a significant organization where the ownership, operation and development of real estate is integral to the business; or knowledge and experience in issues facing real estate investment trusts. | | | | | | | | | | | | | CAPITAL MARKETS/INVESTMENTS Experience in equity, debt and capital markets, generally. | | | | | | | | | | | | | CONSUMER RETAIL Experience in a consumer driven or technology related retailer. | | | | | | | | | | | | | CORPORATE GOVERNANCE/ PUBLIC BOARD Experience serving as a public company director (other than Regency Centers) and demonstrated understanding of corporate governance standards and practices in public companies. | | | | | | | | | | | | | FINANCIAL/ACCOUNTING* Experience as a public company senior leader with significant financial responsibilities (e.g. CEO or CFO) or able to qualify as an Audit Committee Financial Expert under SEC rules. | | | | | | | | | | | | | HUMAN CAPITAL Experience managing a large and diverse workforce with involvement in benefits, compensation and incentive planning, including Board and management succession planning. | | | | | | | | | | | | | TECHNOLOGY/CYBER RISK Significant experience with or oversight of innovation, technology, information systems and data management. | | | | | | | | | | | |

  8. Director Nominee Qualifications

    *All of our directors are “financially literate” as defined by SEC rules.

  9. Director Nominee Qualifications

    | | Gary E. Anderson Age: 60 Director Since: 2024 | Professional Experience: Mr. Anderson, a graduate of Washington State University, holds an M.B.A. from the Anderson Graduate School of Management at University of California, Los Angeles. Mr. Anderson recently retired as Chief Operating Officer of Prologis, Inc. (NYSE: PLD), a REIT that is a global leader in real estate logistics facility development and operation. Prior to his role as Chief Operating Officer, Mr. Anderson was the Chief Executive Officer, Europe and Asia, from June 2011 until March 2019. Additionally, Mr. Anderson held various positions from August 1994 to June 2011, including head of the global fund business from March 2009 to June 2011 and President of European operations from November 2006 to March 2009. Mr. Anderson is a member of the Young Presidents’ Organization—Gold and serves on the Board of Directors for Colorado UpLift. | | Board Committees | | | | § Compensation (Chair)* | | | | § Investment | | | | Other public company boards | | | | § None | | | | Principal occupation or employment | | | | § Former Chief Operating Officer of Prologis, Inc. | | | | Qualifications | | | | § Extensive experience in real estate operations, development and investment, corporate strategy and capital markets. *Mr. Anderson will become Chair of the Compensation Committee after the 2026 Annual Meeting. | | | | | Bryce Blair Age: 67 Director Since: 2014 | Professional Experience: Mr. Blair, a graduate of the University of New Hampshire, holds an M.B.A. from Harvard Business School. Mr. Blair serves as the principal of Harborview Associates, LLC, which holds and manages investments in various real estate properties. He serves as a director of PulteGroup, Inc. (NYSE: PHM), one of the largest home builders in the U.S., in which he served as Chairman from 2017 until December 31, 2022. He is a member of the Advisory Board of Navitas Capital, a venture capital firm focused on technology for the real estate sector. Mr. Blair served as Chairman, from 2017 to 2021, and director, from 2013 to 2021, of Invitation Homes, Inc. (NYSE: INVH) He has served as Chairman, from 2002 to 2013, and Chief Executive Officer, from 2001 to 2012, of AvalonBay Communities, Inc. (NYSE: AVB), a real estate investment trust focused on the development, acquisition and management of multi-family apartments. Mr. Blair also serves on the Advisory Board of the Joseph E. Corcoran Boston College Center for Real Estate and Urban Action. He previously served on the Advisory Board of the MIT Center for Real Estate. Prior to the formation of Avalon Properties in 1993, Mr. Blair was a partner with Trammell Crow Residential. Mr. Blair also previously served as senior advisor to McKinsey and Co. and previously served as a part time faculty member at Boston College. Mr. Blair is a past Chairman of the National Association of Real Estate Investment Trusts (Nareit), where he also served on the Executive Committee and the Board of Governors. He is a past member of Urban Land Institute (ULI) where he served as a Trustee and was past Chairman of the Multi-Family Council. Mr. Blair is a past member of the Young Presidents Organization and a former member of the World Presidents Organization. | | Board Committees | | | | § Investment (Chair) | | | | § Nominating and Governance | | | | Other public company boards | | | | § PulteGroup, Inc. | | | | Principal occupation or employment | | | | § Principal of Harborview Associates, LLC | | | | Qualifications § Extensive experience in real estate operations, development and investment, the REIT industry, corporate strategy, capital markets and public company governance. | | |

  10. Director Nominee Qualifications

    | | Kristin A. Campbell Age: 64 Director Since: 2023 | Professional Experience: Ms. Campbell, a graduate of Arizona State University, holds a J.D. from Cornell Law School. She serves as Senior Advisor at BarkerGilmore, a national legal executive search and leadership consulting firm. She served as Executive Vice President, General Counsel and Chief ESG Officer of Hilton Worldwide Holdings Inc. (NYSE: HLT), a global hospitality company from June 2011 until her retirement in September 2023. She led Hilton’s global legal, compliance, government affairs and ESG functions. Prior to Hilton, Ms. Campbell was Senior Vice President, General Counsel and Corporate Secretary for Staples, Inc. from 2007 to 2011, with an overall tenure of 18 years at Staples. Prior to Staples, she worked at several law firms, including Goodwin Procter and Rackemann, Sawyer & Brewster. Ms. Campbell previously served as director of The ODP Corporation from 2016 until it was acquired in December 2025. She is a member of the Advisory Board of Boston University School of Hospitality Administration. Ms. Campbell serves on the board of Crete United, a private national multi-service building solution provider. She previously served on the Advisory Board of New Perimeter. | | Board Committees | | | | § Nominating and Governance (Chair) | | | | § Compensation | | | | Other public company boards | | | | § None | | | | Principal occupation or employment | | | | § Former Executive Vice President, General Counsel and Chief ESG Officer of Hilton Worldwide Holdings Inc. | | | | Qualifications § Extensive background in legal, compliance, ESG (including business and asset resilience and sustainability), retail, public company governance, real estate and M&A. | | | | | Deirdre J. Evens Lead Director* Age: 62 Director Since: 2018 | Professional Experience: Ms. Evens, a graduate of Cornell University, served as Executive Vice President and General Manager, IT Asset Lifecycle Management of Iron Mountain, Inc. (NYSE: IRM) from January 2022 until her retirement in December 2023. Prior to that, she served as Executive Vice President and General Manager, North America, Records and Information Management of Iron Mountain from July 2018 to January 2022. Prior to that, she served as its Chief of Operations from January 2018 to June 30, 2018 and as its Chief People Officer and Executive Vice President from July 21, 2015 to January 2018. Prior to her service with Iron Mountain, Ms. Evens served as an Executive Vice President of human resources at Clean Harbors, Inc. (NYSE: CLH) from 2011 to July 2015, overseeing all aspects of human resources and employee development for a global workforce of more than 13,000 employees. From 2007 to 2011, Ms. Evens served as Executive Vice President of Corporate Sales & Business Development for Clean Harbors. Prior to her service with Clean Harbors, Ms. Evens served as Senior Vice President of Member Insight at BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) from 2006 to 2007 and held a series of positions of increasing responsibility at Polaroid Corporation from 1986 to 2006, including her role as Senior Vice President of Strategy. Ms. Evens is an independent director at CSC ServiceWorks, a private equity firm in North America, and has served as interim Chief Executive Officer since May 2025, an assignment expected to conclude in April 2026. | | Board Committees | | | | § Audit | | | | § Compensation | | | | Other public company boards | | | | § None | | | | Principal occupation or employment | | | | § Former Executive Vice President and General Manager, IT Asset Lifecycle Management of Iron Mountain | | | | Qualifications § Extensive background in corporate strategy, global risk, addressing technological change, cybersecurity, sales, general management, marketing and human capital management. | | | | *Ms. Evens will become independent Lead Director after the 2026 Annual Meeting. | | |

  11. Director Nominee Qualifications

    | | Thomas W. Furphy Age: 59 Director Since: 2019 | Professional Experience: Mr. Furphy, a graduate of Hartwick College, currently serves as Chief Executive Officer and Managing Director of Consumer Equity Partners, a venture capital and venture development firm. He also serves as Chairman and Chief Executive Officer of Replenium, Inc., a private e-commerce software company. Since July 2023, Mr. Furphy has served as a Luminary (senior advisor) to Accenture, a Dublin company that specializes in information technology services and consulting. Previously, Mr. Furphy served as Vice President of Consumables and AmazonFresh at Amazon.com, Inc. (NASDAQ: AMZN) from 2005 to 2009, where he was responsible for the underlying strategy, development and execution of the company’s grocery and health and beauty businesses. Prior to Amazon, Mr. Furphy was the founder and Chief Executive Officer of Notiva, a leading provider of web-based trade settlement software for retailers and their trading partners. Prior to Notiva, from 1991 to 1999, he held various senior management roles at Wegmans Food Markets, Inc. Mr. Furphy previously served as Chairman and Chief Executive Officer of Ideoclick, Inc., a full-service ecommerce private agency. He also previously served as a board member of BevyUp, a private digital retail-selling platform, which was acquired by Nordstrom in March 2018. He previously served as a board member of Fairway Group Holdings Corp., a private parent company of Fairway Market, a grocery store operator. | | Board Committees | | | | § Audit | | | | § Investment | | | | Other public company boards | | | | § None | | | | Principal occupation or employment | | | | § Chief Executive Officer and Managing Director of Consumer Equity Partners | | | | Qualifications | | | | § Extensive experience in retail, addressing technological change, AI, cybersecurity, marketing, finance and leadership. | | | | | Karin M. Klein Age: 54 Director Since: 2019 | Professional Experience: Ms. Klein, a graduate of the University of Pennsylvania, holds an M.B.A from the Wharton School of University of Pennsylvania. She serves as the founding partner of Bloomberg Beta, a venture capital firm which invests in technology companies that help businesses work smarter, with a focus on machine intelligence, since 2013. Prior to launching Bloomberg Beta, Ms. Klein was responsible for strategy and business development for Bloomberg L.P. from 2010 to 2013 including serving as head of new initiatives. Prior to Bloomberg, from 2000 to 2010, Ms. Klein served in various roles at Softbank Corp., a multinational telecommunications and technology company, including the role of Director of Corporate Development. Before Softbank, she also held investing and operating roles at several investment companies and co-founded a children’s education business. She serves as member of the Board of Directors of Campus.edu, She previously served as an independent director of Paramount Group, Inc. (NYSE: PGRE), and formerly served as a member of the Board of Trustees of Harvey Mudd College. | | Board Committees | | | | § Audit (Chair) | | | | § Nominating and Governance | | | | Other public company boards | | | | § None | | | | Principal occupation or employment | | | | § Founding Partner of Bloomberg Beta | | | | Qualifications | | | | § Extensive experience in media, addressing technological change, AI, cybersecurity, investments, finance, accounting, strategy and leadership. | | |

  12. Director Nominee Qualifications

    | | Peter D. Linneman Age: 75 Director Since: 2017 | Professional Experience: Dr. Linneman holds both an M.A. and a doctorate degree in economics from the University of Chicago. He served on the Board of Equity One, Inc. from 2000 until its merger with Regency in 2017. Dr. Linneman is currently a principal of Linneman Associates, a real estate advisory firm, and affiliated entities. From 1979 to 2011, Dr. Linneman was a Professor of Real Estate, Finance and Public Policy at the Wharton School of University of Pennsylvania and is currently an Emeritus Albert Sussman Professor of Real Estate. Dr. Linneman previously served as a director of AG Mortgage Investment Trust, Inc. (NYSE: MITT), Equity Commonwealth (NYSE: EQC), Paramount Group, Inc. (NYSE: PGRE), Bedford Property Investors, Inc., Atrium European Real Estate Ltd. and JER Investors Trust, Inc. (OTC Markets: JERTQ), a finance company that acquires real estate debt securities and loans. He was also Chairman of Rockefeller Center Properties Inc. | | Board Committees | | | | § Audit | | | | § Nominating and Governance | | | | Other public company boards | | | | § None | | | | Principal occupation or employment | | | | § Principal of Linneman Associates and affiliated entities | | | | Qualifications | | | | § Extensive experience in financial and business advisory services and investment activity, with a specialty in real estate, and as a member of numerous public and private boards, including many real estate companies. | | | | | Lisa Palmer Age: 58 Director Since: 2018 | Professional Experience: Ms. Palmer, a graduate of the University of Virginia, holds an M.B.A. from the Wharton School of the University of Pennsylvania. Ms. Palmer became our Chief Executive Officer on January 1, 2020, and has served as our President since January 1, 2016 to date. Previously, she served as our Chief Financial Officer from January 2013 to August 12, 2019. Prior to that, she served as Senior Vice President of Capital Markets from 2003 until 2013. She served as Senior Manager of Investment Services in 1996 and assumed the role of Vice President of Capital Markets in 1999. Prior to joining our Company, Ms. Palmer worked with Accenture plc (NYSE: ACN), formerly Andersen Consulting Strategic Services, as a consultant and financial analyst for General Electric Company. She serves as a member of the boards of the Jacksonville Branch of the Federal Reserve Bank of Atlanta and Brooks Rehabilitation, a private healthcare organization. She currently also serves an executive member of Nareit, a member of ULI, and a member of the Board of Trustees of Innovating Commerce Serving Communities (ICSC). She previously served as a director of ESH Hospitality, Inc., a subsidiary of Extended Stay America, Inc. and as a director of United Way of Northeast Florida. | | Board Committees | | | | § Investment | | | | Other public company boards | | | | § None | | | | Principal occupation or employment | | | | § Our Chief Executive Officer since January 1, 2020 and President since January 1, 2016 | | | | Qualifications § Extensive knowledge and experience in the shopping center and real estate industries, as well as finance and capital markets, operations, strategy and public company governance. | | |

  13. Director Nominee Qualifications

    | | Mark J. Parrell Age: 59 Director Since: 2026 | Professional Experience: Mr. Parrell, a graduate of the University of Michigan, holds a J.D. from the Georgetown University Law Center. Mr. Parrell is the President, Chief Executive Officer and member of the Board of Trustees of Equity Residential (NYSE: EQR) since January 2019. Mr. Parrell was the Equity Residential’s Executive Vice President and Chief Financial Officer from October 2007 to September 2018 and Senior Vice President and Treasurer of the company from August 2005 to October 2007 and served in various roles in the company’s finance group since September 1999. Mr. Parrell is also active in several business and community service organizations. He currently serves as a board member of the Real Estate Roundtable as well as serving as the First Vice Chair and as a member of the Executive Board of Governors of Nareit. He is a member of the Advisory Board for the Weiser Center for Real Estate at the University of Michigan and is a member of the National Multifamily Housing Council and served as Chair of its Finance Committee in 2015-2016. He is also a member of the Board of Directors and Chair of the Finance Committee of the Greater Chicago Food Depository. Mr. Parrell served as an independent member of the Boards of Directors of various T. Rowe Price mutual funds and exchange traded funds from July 2023 to November 2025. He also served as a member of the Board of Directors and the Audit and Investment Committees of Brookdale Senior Living Inc. (NYSE: BKD), a leading operator of senior living communities throughout the United States from April 2015 to July 2017 and served as a member of the Board of Directors and the Audit Committee of Aviv REIT, Inc. (NYSE: AVIV), a public REIT that specialized in owning post-acute and long-term care skilled nursing facilities and other healthcare properties from March 2013 until April 2015 when Aviv merged into Omega Healthcare. | | Board Committees | | | | § Audit | | | | § Investment | | | | Other public company boards | | | | § Equity Residential | | | | Principal occupation or employment | | | | § Chief Executive Officer of Equity Residential | | | | Qualifications | | | | § Extensive knowledge and experience in real estate operations and development, capital markets, operations, public company governance, strategy and leadership. | | | | | James H. Simmons, III Age: 59 Director Since: 2021 | Professional Experience: Mr. Simmons, a graduate of Princeton University, holds an M.S. from Virginia Tech and an M.B.A. from Northwestern University. Mr. Simmons currently serves as Chief Executive Officer and Founding Partner of Asland Capital Partners, an institutional investment management platform, serving as head of the investment committee with responsibility for the strategic direction and investment strategy of the firm. Prior to Asland, Mr. Simmons served as a Partner at Ares Management Corporation, a global alternative investment manager, from 2013 to 2018. He also served as a Partner at Apollo Real Estate Advisors L.P. from 2002 to 2013. Prior to Apollo, Mr. Simmons served as Chief Executive Officer and Chief Investment Officer of the Upper Manhattan Empowerment Zone Development Corporation. Mr. Simmons serves as a director of Apollo Asset Backed Credit Company LLC (NYSE: APO). He previously served as a director of Apollo Strategic Growth Capital (NYSE: APSG). He is currently a member of the Princeton University President’s Advisory Council, member of the Board of Trustees for The Dalton School and chair of the Real Estate Executive Council. Mr. Simmons previously served as a director of the Greater Jamaica Development Corporation and a member of Princeton University National Annual Giving Committee. | | Board Committees | | | | § Compensation | | | | § Investment | | | | Other public company boards | | | | § Apollo Asset Backed Credit Company LLC | | | | Principal occupation or employment | | | | § Chief Executive Officer and Founding Partner of Asland Capital Partners | | | | Qualifications § Extensive knowledge of and experience in real estate development, transactions and operations, capital markets, marketing, strategy and leadership. | | |

  14. Director Nominee Qualifications

    | | Martin E. Stein, Jr. Executive Chairman Age: 73 Director Since: 1993 | Professional Experience: Mr. Stein, a graduate of Washington and Lee University, holds an M.B.A. from Dartmouth College’s Tuck School of Business. Mr. Stein has been our Executive Chairman of the Board since January 1, 2020, having served as a director of the Board since 1993 and its Chairman since 1998. Mr. Stein served as Chief Executive Officer from our initial public offering in 1993 until December 31, 2019. He was our President and Chief Executive Officer from 1993 until 1998 and President of our predecessor real estate division beginning in 1981 and Vice President from 1976 to 1981. He is a director of FRP Holdings, Inc. (NYSE: FRPH), a publicly held real estate company. He served as past Chairman of Nareit, and is a member of ULI, ICSC and the Real Estate Roundtable. Mr. Stein is a former trustee of Washington and Lee University and ULI. | | Board Committees | | | | § Investment | | | | Other public company boards | | | | § FRP Holdings, Inc. | | | | Principal occupation or employment | | | | § Executive Chairman of the Board of Regency Centers Corporation | | | | Qualifications | | | | § Extensive experience in real estate development, acquisitions, financing and operations, the REIT industry, strategic planning, capital markets, human capital and executive compensation. | | |

  15. Director Nominee Selection Process

    Director Nominee Selection Process Our Nominating and Governance Committee solicits input regarding potential candidates from a variety of sources, including existing directors, senior management and shareholders. From time to time, we have used an executive search firm, especially when helpful in identifying new or different pools of talent for our Board. For instance, in 2025, our Board retained an executive search firm to facilitate the recruitment of a highly qualified candidate for the Board, resulting in the election of Mark J. Parrell in January of 2026, and in 2024, the Board facilitated the recruitment and election of Gary E. Anderson through existing director relationships. Through these and other means, the Board has continually refreshed itself by selecting directors who will be additive to the overall mix of attributes on the Board. The committee evaluates potential candidates based on a variety of factors and also arranges personal interviews by one or more committee members, other Board members and senior management, where appropriate.

  16. | Compensation of Directors

    | Compensation of Directors

  17. Compensation of Directors

    Compensation of Directors Non-employee directors are compensated for their service on our Board as shown below. Directors who are employees of the Company receive no additional compensation for serving as directors.

  18. Elements of 2025 Non-Employee Director Compensation

    Elements of 2025 Non-Employee Director Compensation

  19. Elements of 2025 Non-Employee Director Compensation

    | Annual cash retainer: | $75,000 | | Additional annual cash retainer for: | | | Lead Director | $35,000 | | Chair of Audit Committee and Chair of Investment Committee | $20,000 | | Chair of Compensation Committee and Chair of Nominating and Governance Committee | $15,000 | | Members of Audit Committee and members of Investment Committee (except Chairs) | $15,000 | | Members of Compensation Committee and members of Nominating and Governance Committee (except Chairs) | $10,000 | | Annual restricted stock award | $125,000 | | Additional restricted stock award for Lead Director | $10,000 |

  20. Elements of 2025 Non-Employee Director Compensation

    We pay director retainers quarterly, in cash or, at the election of each director, in shares of our common stock issued under our Omnibus Incentive Plan, which are valued based on the average closing price of our common stock during the quarter in which the fees are earned. Directors may also defer their retainers and annual restricted stock awards, at their election, under our non-qualified deferred compensation plan. We grant director restricted stock awards immediately following each annual meeting of shareholders. Stock rights vest 100% on the first anniversary date of grant. Non-employee director compensation has not changed since 2022. After consultation and review by the Compensation Committee with Semler Brossy, the committee’s independent compensation consultant, in February of 2026 the Compensation Committee recommended to the board an increase in the annual equity retainers payable under our director compensation. No changes were recommended to the annual cash retainers. The annual equity retainer for each director, payable as restricted stock, was recommended to be increased to $170,000, and the additional annual equity retainer for the Lead Director, payable as restricted stock, was recommended to be increased to $15,000. The Board accepted and approved these recommendations effective January 1, 2026.

  21. NON-EMPLOYEE DIRECTOR COMPENSATION FOR 2025

    NON-EMPLOYEE DIRECTOR COMPENSATION FOR 2025

  22. NON-EMPLOYEE DIRECTOR COMPENSATION FOR 2025

    | Name | Fees Earned or Paid in Cash(1) | Stock Awards(2)(3) | Total | | Gary E. Anderson | $100,000 | $125,009 | $225,009 | | Bryce Blair | $120,000 | $125,009 | $245,009 | | C. Ronald Blankenship | $136,745 | $135,019 | $271,764 | | Kristin A. Campbell | $104,766 | $125,009 | $229,775 | | Deirdre J. Evens | $115,000 | $125,009 | $240,009 | | Thomas W. Furphy | $105,000 | $125,009 | $230,009 | | Karin M. Klein | $120,000 | $125,009 | $245,009 | | Peter D. Linneman | $100,000 | $125,009 | $225,009 | | David P. O’Connor(4) | $52,734 | $0 | $52,734 | | James H. Simmons, III | $105,000 | $125,009 | $230,009 |

  23. NON-EMPLOYEE DIRECTOR COMPENSATION FOR 2025

    (1) In 2025, the following directors elected to receive certain of their directors’ fees in the form of shares of our common stock in lieu of cash:

  24. NON-EMPLOYEE DIRECTOR COMPENSATION FOR 2025

    | Name | Number of Shares Issued In Lieu of Cash | | C. Ronald Blankenship | 1,914 | | Karin M. Klein | 1,681 | | Peter D. Linneman | 1,401 |

  25. NON-EMPLOYEE DIRECTOR COMPENSATION FOR 2025

    (2) The amounts in this column represent the aggregate grant date fair value computed in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, Compensation—Stock Compensation (“ASC Topic 718”) which for all directors was $72.01 per share on May 7, 2025. (3) The shares that may be acquired by directors through the vesting of restricted stock or stock rights awards or stock option exercises are reported under the Beneficial Ownership table on page 55. (4) Mr. O’Connor retired from the Board following the 2025 Annual Meeting of Shareholders.

  26. Letter from Our Compensation Committee Chair

    Letter from Our Compensation Committee Chair On behalf of the Compensation Committee of the Board of Directors of Regency Centers, I am pleased to present an overview of the Company’s compensation programs and pay for our Named Executive Officers (NEOs) in 2025. 2025 marked another year of significant financial growth, operational achievements and investment success for Regency Centers, under the exceptional leadership of our executive team. The team achieved an impressive increase in Same Property Net Operating Income (NOI) of 5.3%, while Nareit Funds From Operations (FFO) per share grew by nearly 8% and Core Operating Earnings per share increased by nearly 7%. The Company executed 8 million square feet of new and renewal leases, achieving cash rent spreads of nearly 11% and GAAP rent spreads at a record 21%. Additionally, management started approximately $318 million in development and redevelopment projects, bringing three-year total starts to over $825 million. The Company also acquired approximately $538 million of high-quality shopping centers, significantly expanding our portfolio. These outstanding results enabled the Regency Centers Board of Directors to announce a dividend increase of over 7% on the Company’s common stock in the fourth quarter of 2025. With a premium portfolio of over 480 primarily grocery-anchored centers in thriving trade areas, an industry-leading balance sheet, and a talented team across 26 offices nationwide, Regency Centers is well-positioned to continue growing and building long term value for our shareholders. The Compensation Committee ensures the interests of our executive team align with those of our shareholders by linking short- and long-term incentive compensation opportunities to the achievement of measurable financial and strategic goals. Our executive compensation programs are designed such that performance-based pay constitutes the significant majority of their total potential compensation. We set rigorous financial and non-financial targets to reward achievements as well as to retain, develop and motivate our key people. The committee has historically focused on Core Operating Earnings per Share as the primary financial metric by which to measure the short-term performance of our top executives. We continue to believe it represents the best measure of operating and financial performance of the business and the Company. The Company’s impressive performance in 2025 resulted in management achieving Core Operating Earnings per Share of $4.41. As a result, based on performance multipliers previously set by the committee, the executive team earned a short-term incentive payout of 1.50 times target. This multiple reflects meaningful financial outperformance by the Company against the objectives set by the committee, as discussed in more detail in the following Compensation, Discussion and Analysis (CD&A). In addition, the Compensation Committee continued to emphasize corporate responsibility as the key non-financial performance metric, given its importance to the Company’s sustainable operational and financial success. The committee regularly reviews progress against management’s corporate responsibility objectives, which were measured both qualitatively and quantitatively, and determined that the executive team achieved its objectives in this area, as further described in the CD&A. A significant portion of our NEOs’ target total direct compensation is paid in long-term incentives, and a significant portion of these long-term incentives is paid in performance shares tied to three-year relative total shareholder return (TSR), because we believe they appropriately align our executives with the interest of our shareholders in sustained financial performance and long-term value creation. Based on our relative TSR versus the FTSE Nareit shopping center index for the 2023 – 2025 performance period, our NEOs earned 90% of the target performance share award, as further described in the CD&A. While the Company performed extremely well during this period financially, operationally and with respect to its investments program, three-year relative TSR performance fell short in relation to the index. The outcome demonstrates the intended alignment our NEOs have with our shareholders. The Compensation Committee granted a new tranche of awards for the 2025 – 2027 performance period to continue to align executive long term compensation opportunities with the interests of our investors. As a committee, we approached our work in 2025 with the same robust governance and oversight we have always applied to our compensation responsibilities. We will continue to closely monitor our executive compensation programs, and balance our objective to incentivize, motivate and retain our NEOs while doing our best to align compensation outcomes with the interests of our investors. Our overarching objective is that our compensation programs drive the behaviors and results the Board expects and that are in the best interests of our Company and you, our shareholders. I encourage all shareholders to read our CD&A. It provides an overview of our executive compensation programs and the underlying philosophy used to develop them, as well as information about the 2025 objectives the Compensation Committee set for our executive team. We appreciate the trust you have placed in us and thank you for your investment in Regency Centers. Sincerely,

  27. Our Named Executive Officers

    Our Named Executive Officers

  28. Our Named Executive Officers

    | | | | | | | Martin E. Stein, Jr. Executive Chairman of the Board | Lisa Palmer President and Chief Executive Officer | Michael J. Mas Executive Vice President, Chief Financial Officer | Alan T. Roth East Region President and Chief Operating Officer | Nicholas A. Wibbenmeyer West Region President and Chief Investment Officer |

  29. Our Named Executive Officers

    For information with respect to Mr. Stein and Ms. Palmer, please refer to Proposal 1: Election of Directors, in this proxy statement. Michael J. Mas, age 50, has been our Executive Vice President, Chief Financial Officer since August 2019. Prior to that, Mr. Mas had served as Managing Director of Finance since February 2017. He served as Senior Vice President of Capital Markets from January 2013 to January 2017. Prior to that, Mr. Mas served as Vice President of Capital Markets and JV Portfolio Management from December 2004 to December 2012. Before joining our Company in 2003, he worked with Deloitte & Touche LLP as Manager for Assurance and Advisory services, supervising professional accountants providing client services in Southeast Florida. Mr. Mas holds a Bachelor of Business Administration from the University of North Florida and a M.B.A. from Florida Atlantic University. He is a member of ICSC and Nareit. Alan T. Roth, age 51, has been our East Region President and Chief Operating Officer since January 2024. Before that, Mr. Roth served as our Executive Vice President, National Property Operations and East Region President from January 2023 to December 2023. Prior to that, Mr. Roth served as Senior Managing Director, East Region from September 2020 to December 2022. Prior to that, Mr. Roth served as Managing Director from January 2016 to September 2020. Prior to that, he served as Senior Vice President and Senior Market Officer of the Mid-Atlantic and Northeast Portfolio, overseeing more than eight million square feet at sixty-eight shopping centers. Before that, Mr. Roth held the position of Vice President and Regional Officer. Before joining our Company as a leasing agent in 1997, Mr. Roth handled tenant representation, shopping center leasing and land sales for Midland Development Group. Mr. Roth holds a Bachelor of Science from Kelley School of Business at Indiana University. He is a member of ICSC, serves on the Planning Committee for ICSC Open Air Conference and is a member of Nareit. Nicholas A. Wibbenmeyer, age 45, has been our West Region President and Chief Investment Officer since January 2024. Before that, Mr. Wibbenmeyer served as our Executive Vice President, West Region President from January 2023 to December 2023. Prior to that, Mr. Wibbenmeyer served as Senior Managing Director, West Region from September 2020 to December 2022. Prior to that, he served as Managing Director from January 2016 to September 2020. Prior to that, he served as Senior Vice President and Senior Market Officer. Before that, Mr. Wibbenmeyer held the position of Vice President of Investments and Regional Officer. Before joining our Company in 2005 as Manager of Investments, Upper Midwest, Mr. Wibbenmeyer served as a retail broker for Mid-America Real Estate Group. Mr. Wibbenmeyer holds a Bachelor of Business Administration from the University of Notre Dame. He is a member of ICSC, ULI and YPO.

  30. Targeted Level of Compensation

    Targeted Level of Compensation We endeavor to set total direct compensation, which consists of base salary, annual cash incentives and the value of long-term (equity-based) incentives, at target performance levels in range of the expected median of peer companies, as described on the following page, while also taking into account various factors including the experience level and responsibilities of each individual executive and competitive market conditions. Annual increases in base salary, cash incentives, long term incentives and total direct compensation may be more robust when total direct compensation is below the median, and more moderated when it is more than 10% above the median or exceeds the 60th percentile for the peer group. Actual compensation earned by our top executives, including our NEOs, can be highly variable from year to year due to heavy weighting toward performance-based incentive compensation rather than fixed components. To evaluate and set total direct compensation, the committee utilizes a peer group analysis of total direct compensation for similar positions prepared annually by the committee’s independent compensation consultant. The key principals by which the peer group is selected and annually updated are that companies be leaders in the REIT industry (but not limited to the shopping center sector) and comparable in size, generally based on total market capitalization ranging from half to double our size. Working with the committee’s independent compensation consultant, the committee evaluates the appropriateness of the group annually based on a variety of factors, including merger and acquisition and other similar corporate changes, company size and asset class focus, and adjusts the peer group as the committee deems appropriate after considering the facts and circumstances. After evaluating the peer group for 2026, the committee removed Kilroy Realty and replaced it with AvalonBay Communities to maintain a balanced, appropriately comparable peer group for Regency.

  31. Targeted Level of Compensation

    | Peer Company | Reviewed in 2024 for Setting 2025 Compensation | Reviewed in 2025 for Setting 2026 Compensation | | Agree Realty Corporation | | | | American Homes 4 Rent | | | | AvalonBay Communities, Inc. | | | | Boston Properties, Inc. | | | | Brixmor Property Group, Inc | | | | Camden Property Trust | | | | Equity Lifestyle Properties, Inc. | | | | Essex Property Trust, Inc. | | | | Federal Realty Investment Trust | | | | Host Hotels & Resorts, Inc. | | | | Invitation Homes Inc. | | | | Kilroy Realty Corporation | | | | Kimco Realty Corporation | | | | Kite Realty Group Trust | | | | NNN REIT, Inc. (formerly National Retail Properties, Inc.) | | | | Sun Communities, Inc. | | | | The Macerich Company | | | | UDR, Inc. | | | | Vornado Realty Trust | | |

  32. Compensation Committee Actions & Decisions

    | | Assessed 2025 performance and approved annual incentives for NEOs | | Determined 2026 short- and long-term incentive plans and targets for NEOs | | | Reviewed the overall executive compensation philosophy for the Company, in preparation for 2026 program design consideration | | Reviewed market competitiveness and adjusted NEO base salaries for 2025 and 2026 | | | In conjunction with Nominating and Governance Committee, agreed on corporate responsibility metrics to be included in the 2026 annual incentive plan | | Benchmarked, reviewed and modified the peer group to assist in making 2026 compensation decisions | | | Approved payouts for the 2023 – 2025 long-term performance unit incentive plan based on relative TSR | | Reviewed independent director compensation and recommended changes for 2026 to the Board |

  33. Elements of Compensation

    Annual Cash Incentives — Overview The Compensation Committee sets rigorous performance goals to align pay with performance. A number of factors are considered, including prior year performance, current business and economic environment, competitive compensation benchmarking, peer performance and the Company’s key financial and strategic objectives. The Company pays an annual cash incentive based on achievement of specified key corporate objectives. For 2025, the annual cash incentive framework for our NEOs was based 80% on Core Operating Earnings per Share and 20% on achievement of corporate responsibility objectives except for Mr. Stein, who, as Executive Chairman, did not have an annual cash incentive opportunity in 2025.

  34. 2025 Performance Criteria for Annual Cash Incentive

    2025 Performance Criteria for Annual Cash Incentive

  35. Corporate Responsibility

    Corporate Responsibility The Company’s commitment to its Four Pillars of Corporate Responsibility is discussed on page 5. Premised on Regency’s Core Values (see page 1), the Compensation Committee believes these to be integral to the Company’s business strategy and financial performance, as well as our ongoing and future success. As such, annual progress towards corporate responsibility objectives is measured by the committee (with input from the Board’s Nominating and Governance Committee), and 20% of our NEOs’ annual incentive is tied to their achievement. The corporate responsibility portion of the annual incentive is paid out at target if achievement of appropriate progress toward corporate responsibility objectives is achieved. In addition, because of the committee’s view of the relationship of corporate responsibility progress to asset and business sustainability and financial performance, in the event appropriate progress is at or above target and there is outperformance of the key financial metrics, the corporate responsibility portion of the annual incentive is awarded at the same multiple as such metrics – in this case, for Core Operating Earnings per Share for NEOs. In the event that the key financial metrics pay out at less than target, then the corporate responsibility portion of the annual incentive will not pay out at more than target. The committee considers qualitative and quantitative measures of progress in evaluating progress toward our corporate responsibility objectives. The committee solicits data and other information from senior management to use in forming its own view of the Company’s performance against specific Corporate Responsibility objectives, as well as from the Nominating and Governance Committee, which has been delegated oversight responsibilities by the Board over the Company’s Corporate Responsibility program and initiatives. Annual Incentive — 2025 Results v. 2025 Incentive Plan Goals Led by our NEOs, the Company enjoyed meaningful outperformance in Core Operating Earnings per Share. Performance results and the resulting cash awards are presented in the following tables.

  36. 2025 Performance Results for Annual Cash Incentives*

    2025 Performance Results for Annual Cash Incentives*

  37. 2025 Performance Results for Annual Cash Incentives*

    | Performance Metric | Performance Level | Resulting Multiple of Target Earned | | Core Operating Earnings Per Share | $4.41 | 1.50 | | Corporate Responsibility (ESG) | Achieved | 1.50 |

  38. 2025 Performance Results for Annual Cash Incentives*

    * See discussion on pages 32 and 33.

  39. 2025 Cash Targets and Resulting Cash Incentives Earned

    2025 Cash Targets and Resulting Cash Incentives Earned

  40. 2025 Cash Targets and Resulting Cash Incentives Earned

    | | Target | | | Actual | | | | Name | Core Operating Earnings Per Share: Target | Corporate Responsibility Target | Total Annual Incentive Target | Core Operating Earnings Per Share: Actual Cash Earned | Corporate Responsibility Actual Cash Earned | Total Actual Cash Incentive Earned | | Martin E. Stein, Jr.(1) | $0 | $0 | $0 | $0 | $0 | $0 | | Lisa Palmer | $1,560,000 | $390,000 | $1,950,000 | $2,340,000 | $585,000 | $2,925,000 | | Michael J. Mas | $820,000 | $205,000 | $1,025,000 | $1,230,000 | $307,500 | $1,537,500 | | Alan T. Roth | $500,000 | $125,000 | $625,000 | $750,000 | $187,500 | $937,500 | | Nicholas A. Wibbenmeyer | $500,000 | $125,000 | $625,000 | $750,000 | $187,500 | $937,500 |

  41. 2025 Cash Targets and Resulting Cash Incentives Earned

    (1) Mr. Stein’s compensation package does not currently provide him with an annual cash incentive opportunity. Long-Term Incentives — Overview The Compensation Committee believes that equity awards with multi-year performance and vesting periods reinforce the alignment of the interests of executives with shareholder value creation. As such, our long-term incentive awards are structured in this way for NEOs. We also have the ability under our Omnibus Incentive Plan to grant various types of equity awards, including restricted stock awards and performance share awards, to provide incentives for NEOs and others in management to work to create shareholder value over the long-term. In addition, the multi-year nature of the performance and vesting periods encourages retention of our executives. The committee has authority and flexibility to determine eligible participants, the types and terms and conditions of awards. Awards are structured consistent with our compensation philosophy in that they provide opportunities for achievement and exceedance of the Company’s performance expectations. In 2025, the committee used two different types of stock-based awards to promote equity ownership by the participants and to emphasize the importance of relative total shareholder return. Performance share awards are earned subject to the achievement of performance goals approved by the committee as described below. Restricted share awards are earned subject to the participant’s continued employment with us.

  42. 2025 Long-Term Incentive Weighting at Target

    2025 Long-Term Incentive Weighting at Target

  43. 2025 Long-Term Incentive Weighting at Target

    | Long-Term Incentive Component | NEOs at Target | | Performance Shares: 2025 – 2027 Relative Total Shareholder Return (TSR) | 80% | | Time-based Restricted Shares | 20% |

  44. 2025 Long-Term Incentive Weighting at Target

    Long-Term Incentives — Performance Shares Performance goals are established for a multi-year performance period to tie incentive compensation to long-term results. Following the end of the period, performance is calculated versus targets and reviewed by the Compensation Committee, awards are determined, and the corresponding number of shares vest. Dividend equivalents are accrued during the performance period and will vest when the underlying share award vests. No shares or dividends are earned if performance levels are not achieved at or in excess of threshold levels.

  45. 2025 Performance Share Awards

    2025 Performance Share Awards Performance shares awarded in 2025 are based on relative total shareholder return goals over the 2025 – 2027 performance period. We believe total shareholder return is akin to a scorecard for our investors, and it is a discerning measure of how our executives and our Company have performed over an extended period. The performance share goals for the 2025 long-term incentive plan, which are set in relation to the FTSE Nareit Equity Shopping Centers Index, are outlined below and articulated in terms of three-year aggregate performance. Total shareholder return considers stock price growth as well as reinvestment of dividends. Performance between levels will be interpolated and the determination of the vesting of such performance shares will take place after the end of 2027.

  46. (Relative to FTSE Nareit Equity Shopping Centers Index)

    | Performance Period | FTSE Nareit Equity Shopping Centers | Regency | % of Target Payout | | 2021—2023 | 58% | 59% | 105% | | 2022—2024 | 21% | 15% | 70% | | 2023—2025 | 23% | 21% | 90% |

  47. (Relative to FTSE Nareit Equity Shopping Centers Index)

    Long-Term Incentives — Restricted Shares / Stock Rights Awards A restricted share award is a grant of stock that vests based on continued service over time. Restricted shares are used to motivate and retain employees as well as promote employee stock ownership. The restricted share awards we grant are time-based and vest in equal installments over a four-year period, subject to continued employment with Regency. We also refer to them as “stock rights awards” because we do not issue the shares until the vesting conditions have been satisfied. We do not currently use stock options, stock appreciation rights, or similar option-like instruments as part of our compensation package. Our stock-based awards are full-value shares that vest based upon continued service.

  48. (Relative to FTSE Nareit Equity Shopping Centers Index)

    Restricted shares awarded to our NEOs in 2025 are set forth in the Grant of Plan Based Awards table on page 41 in this proxy statement. 401(k) Profit-Sharing Plan We encourage all employees to save for retirement. To provide employees with the opportunity to save for retirement on a tax-deferred basis, we sponsor a 401(k) profit-sharing plan pursuant to which we match employee contributions at 100% up to $5,000 for 2025. The Compensation Committee has the right to approve additional contributions in its discretion, as it deems appropriate. For 2025, because of the Company’s strong financial performance, the Compensation Committee approved an incremental discretionary profit-sharing award totaling $3.5 million, and the pool of funds is distributed pro-rata to all eligible employees subject to the application of a presumed salary cap of $76,000. We review our Company match, employee participation levels and communication programs throughout the year to ensure that this benefit remains competitive with comparable companies as well as national benchmarks. Compensation on Termination of Employment While we do not offer employment agreements to our NEOs, we believe providing severance protection is important for retention purposes, as many companies that we compete with for talent offer it, particularly in connection with a change of control. Accordingly, our NEOs have severance and change of control agreements that provide the right to receive severance compensation if they are terminated without cause or they leave for good reason, as such terms are defined in the agreements. In a change of control situation, the agreements provide for severance using a “double trigger,” i.e., severance is payable only if a change of control occurs and the officer is terminated without cause or leaves for “good reason” (as described under Executive Compensation – Potential Payments Upon Termination or Change-in-Control on page 44) within two years after the change of control. We believe that such compensation gives our named executive officers incentive (1) to stay with the Company despite the possibility of losing employment after a change of control and (2) to focus on obtaining the best possible value for shareholders in a change of control transaction. The agreements also provide that severance payments are subject to recoupment as required by any recoupment or “clawback” policy approved by our Board or similar requirement imposed by law. The Company has robust executive compensation clawback policies; see “Recoupment/Clawback Policies” in the next section. For details on compensation on termination of employment, including death, disability and retirement, see “Executive Compensation – Potential Payments Upon Termination or Change-in-Control” on page 44 of this proxy statement.

  49. Risk Consideration in our Compensation Program

    Risk Consideration in our Compensation Program The Compensation Committee and Board believe that our compensation policies and practices are reasonable and align our employees’ interests with those of our shareholders. In addition, the committee and Board believe that our compensation policies and practices are not reasonably likely to have a material adverse effect on the Company. The committee believes that the fact that our executive officers have their annual and long-term incentive compensation tied to financial metrics and corporate responsibility objectives (in the case of annual incentives), as well as relative total shareholder return (in the case of long-term incentive awards) as compared to a peer group index, encourages actions that focus on both annual and longer-term profitability and value creation for the benefit of shareholders. Our stock ownership policy and our policy prohibiting hedging and pledging transactions relating to our Company stock further align the interest of our senior officers with the long-term interests of our shareholders. Moreover, there are significant checks in place within our compensation structure so that employees whose compensation may have a shorter-term focus are closely managed by employees and officers whose compensation is in large part based on the Company’s and its shareholders’ interests over the long term.

  50. Deductibility of Compensation

    Deductibility of Compensation To the extent allowable by applicable law, executive compensation will be deductible by the Company for federal income tax purposes. However, the Compensation Committee may design compensation program components that are not deductible. In addition, in December 2020, the Internal Revenue Service released final regulations under Internal Revenue Code (IRC) section 162(m), which limit the deductibility of certain executive compensation amounts. Because we intend to qualify as a REIT under the IRC, we generally distribute 100% of our net taxable income each year and, as a result, do not pay U.S. federal income tax. As such, we do not expect limitations on executive compensation deductions to have a material impact on us. In addition, we expense base salaries and annual bonuses awarded in the year they are earned. In accordance with Accounting Standards Committee (ASC) Topic 718, we expense the value of equity awards granted over the vesting period of such grants. 38 |

  51. Summary Compensation Table

    Summary Compensation Table The following table summarizes the compensation of each named executive officer (“NEO”) for 2025, 2024 and 2023. The amounts reported for stock awards may not represent the amounts that the NEOs will actually realize from the awards. Whether, and to what extent, a named executive officer realizes value will depend on Regency’s performance, stock price and continued employment. SUMMARY COMPENSATION TABLE FOR 2025

  52. Summary Compensation Table

    | Name and Principal Position (1) | Year | Salary | Stock Awards (2) | Non-Equity Incentive Plan Compensation (3) | All Other Compensation (4) | Total | | Martin E. Stein, Jr. Executive Chairman of the Board | 2025 | $500,000 | $851,905 | $0 | $40,828 | $1,392,733 | | | 2024 | $500,000 | $712,882 | $0 | $40,628 | $1,253,510 | | | 2023 | $500,000 | $1,034,858 | $0 | $40,728 | $1,575,586 | | Lisa Palmer President and Chief Executive Officer | 2025 | $1,050,000 | $7,099,098 | $2,925,000 | $18,334 | $11,092,432 | | | 2024 | $1,030,000 | $5,702,941 | $2,805,000 | $21,322 | $9,559,263 | | | 2023 | $1,000,000 | $5,536,318 | $2,712,500 | $20,217 | $9,269,035 | | Michael J. Mas Executive Vice President, Chief Financial Officer | 2025 | $640,000 | $2,226,325 | $1,537,500 | $15,574 | $4,419,399 | | | 2024 | $620,000 | $1,805,910 | $1,470,000 | $15,630 | $3,911,540 | | | 2023 | $600,000 | $1,759,195 | $1,116,000 | $17,078 | $3,492,273 | | Alan T. Roth East Region President and Chief Operating Officer | 2025 | $625,000 | $1,703,810 | $937,500 | $21,438 | $3,287,748 | | | 2024 | $600,000 | $1,330,713 | $900,000 | $14,270 | $2,844,983 | | | 2023 | $500,000 | $1,134,858 | $775,000 | $17,126 | $2,426,984 | | Nicholas A. Wibbenmeyer West Region President and Chief Investment Officer | 2025 | $625,000 | $1,703,810 | $937,500 | $14,470 | $3,280,780 | | | 2024 | $600,000 | $1,330,713 | $900,000 | $13,580 | $2,844,293 | | | 2023 | $500,000 | $1,134,858 | $775,000 | $13,680 | $2,423,538 |

  53. Summary Compensation Table

    (1) Alan T. Roth was promoted to Senior Managing Director, East Region effective January 1, 2022 and was again promoted to Executive Vice President, National Property Operations and East Region President, effective January 1, 2023. He was then appointed on January 1, 2024 to East Region President and Chief Operating Officer. Nicholas A. Wibbenmeyer was promoted to Executive Vice President, West Region President, effective January 1, 2023 and was then appointed on January 1, 2024 to West Region President and Chief Investment Officer. (2) The amounts in this column represent the aggregate grant date fair value computed in accordance with FASB ASC Topic 718 for restricted share awards and performance-based and market-based performance share awards. We use a Monte Carlo simulation model to value market-based awards, i.e., for performance awards tied to relative total shareholder return. Our model estimates the fair value of the award based on our data and that of the FTSE Nareit Equity Shopping Centers Index. 2025 Stock Awards. The goals for performance share awards granted in 2025 based upon total shareholder return are entirely market-based as compared to other publicly traded companies in our sector, as represented by the FTSE Nareit Equity Shopping Centers Index. The awards granted on February 4, 2025, assumed (a) stock price volatility of 23.8% for Regency and 23.3% for the index, (b) risk-free interest rates of 4.25%, (c) Regency’s beta versus the index of 0.941, and (d) no dividend yield assumption given that the award includes dividend equivalents that are earned only to the extent that the underlying shares are earned. Based on the performance goals and these capital market assumptions, the market-based awards issued on February 4, 2025, were valued at $83.97 per share using the Monte Carlo model. The 2025 stock awards also include the grant date fair value of restricted share awards to Ms. Palmer and Messrs. Stein, Mas, Roth and Wibbenmeyer. (3) The amounts in this column represent the annual cash bonus payable for 2025 performance as discussed in the CD&A on page 34. (4) The amounts in this column for 2025 consist of the following: (a) a $12,400 contribution to our 401(k) and profit-sharing plan for each NEO; (b) life insurance premiums of $28,428 for Mr. Stein, $5,934 for Ms. Palmer, $3,174 for Mr. Mas and Mr. Roth, and $2,070 for Mr. Wibbenmeyer; and (c) executive physical reimbursements of $5,864 for Mr. Roth.

  54. Grants of Plan-Based Awards

    Grants of Plan-Based Awards As described in the Compensation Discussion & Analysis section of this proxy statement, annual cash incentive awards under our 2025 incentive plan were based on Core Operating Earnings per Share and achievement of our Corporate Responsibility objectives by our NEOs during the year ended December 31, 2025. Mr. Stein’s compensation package does not currently provide him with an annual cash incentive opportunity. As determined by the Compensation Committee, annual cash incentive awards were awarded at 1.5 times the target level under the 2025 annual incentive plan. 40 | Equity awards that may be earned under our 2025 long-term incentive plan are issued under our Omnibus Incentive Plan. Our 2025 incentive plan provides for issuance to the NEOs of performance share awards that are based on specified thresholds for relative total shareholder return during 2025 through 2027. Each performance share award provides for a specific number of shares depending on the extent to which the performance levels are achieved. No performance shares will be earned if the threshold levels are not achieved. Earned awards will vest, if at all, at the end of the performance period, and will be paid in shares. Dividend equivalents will vest when the underlying share award vests and will be paid in shares, as if dividends paid on unvested shares at the same rate as paid on our common stock were reinvested annually. The following table sets forth information about plan-based awards granted to our NEOs during 2025, all of which were made under our 2025 incentive plan. Threshold amounts reflect the amounts that can be earned at minimum performance by our NEOs. GRANTS OF PLAN BASED AWARDS DURING 2025

  55. Grants of Plan-Based Awards

    | | | Estimated Possible Payouts Under Non-Equity Incentive Plan Awards | | | Estimated Future Payouts Under Equity Incentive Plan Awards | | | | | | Name | Grant Date of Equity Incentive Plan Awards | Threshold ($) | Target ($) | Maximum ($) | Threshold (#) | Target (#) | Maximum (#) | All Other Stock Awards: # of Shares of Stock | Grant Date Fair Value of Stock Awards | | Martin E. Stein. Jr. | 2/4/25 | — | — | — | — | — | — | — | — | | | 2/4/25(1) | — | — | — | 4,180 | 8,359 | 16,718 | — | $701,905(2) | | | 2/4/25(3) | — | — | — | — | — | — | 2,090 | $150,000(3) | | Lisa Palmer | 2/4/25(4) | $975,000 | $1,950,000 | $3,900,000 | — | — | — | — | — | | | 2/4/25(1) | — | — | — | 34,829 | 69,657 | 139,314 | — | $5,849,098(2) | | | 2/4/25(3) | — | — | — | — | — | — | 17,414 | $1,250,000(3) | | Michael J. Mas | 2/4/25(4) | $512,500 | $1,025,000 | $2,050,000 | — | — | — | — | — | | | 2/4/25(1) | — | — | — | 10,923 | 21,845 | 43,690 | | $1,834,325(2) | | | 2/4/25(3) | — | — | — | — | — | — | 5,461 | $392,000(3) | | Alan T. Roth | 2/4/25(4) | $312,500 | $625,000 | $1,250,000 | — | — | — | — | — | | | 2/4/25(1) | — | — | — | 8,359 | 16,718 | 33,436 | — | $1,403,810(2) | | | 2/4/25(3) | — | — | — | — | — | — | 4,179 | $300,000(3) | | Nicholas A. Wibbenmeyer | 2/4/25(4) | $312,500 | $625,000 | $1,250,000 | — | — | — | — | — | | | 2/4/25(1) | — | — | — | 8,359 | 16,718 | 33,436 | — | $1,403,810(2) | | | 2/4/25(3) | — | — | — | — | — | — | 4,179 | $300,000(3) |

  56. Grants of Plan-Based Awards

    (1) The amounts shown represent the range of stock awards that may be earned under our 2025 long-term incentive plan during 2025 through 2027 based on relative total shareholder return as against the FTSE Nareit Equity Shopping Centers Index. The threshold level represents 50% of target, but there can be a payout interpolated between 0% and 50% depending on performance. The amounts are based upon $71.78, which was the closing market price per share of our common stock on the grant date. Any earned award, together with dividend equivalents on the earned awards, will vest on February 4, 2028, and be paid in shares. For additional information, see “Compensation Discussion and Analysis” in this proxy statement. (2) We use a Monte Carlo simulation model to value market-based awards, i.e., for performance awards based upon relative total shareholder return. Our model estimates the fair value of the award based on our data and that of the FTSE Nareit Equity Shopping Centers Index. The February 4, 2025 awards assumed (a) stock price volatility of 23.8.% for Regency and 23.3% for the index, (b) risk-free interest rates of 4.25%, (c) Regency’s beta versus the index of 0.941, and (d) no dividend yield assumption given that the award includes dividend equivalents that are earned only to the extent that the underlying shares are earned. Based on the performance goals and these capital markets assumptions, the market-based awards granted on February 4, 2025 were valued at $83.97 per share on the probable outcome of the performance conditions as of the grant date of such awards (which was at target) and were determined as of the grant date using the Monte Carlo model. (3) The amounts shown are for restricted share awards granted in 2025 that vest 25% per year over four years beginning in 2026. (4) The amount shown represents the range of possible cash incentive awards that could have been earned under our 2025 incentive plan for our Core Operating Earnings per Share and Corporate Responsibility performance in 2025. REGENCY CENTERS |

  57. Outstanding Equity Awards

    Outstanding Equity Awards The following table sets forth information about outstanding equity awards held on December 31, 2025 by our NEOs. The amounts include unvested dividend equivalent units earned as of December 31, 2025. OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END 2025

  58. Outstanding Equity Awards

    | | Stock Awards | | | | | Name | Number of Shares or Units of Stock That Have Not Vested (#) (1) | Market Value of Shares or Units of Stock That Have Not Vested ($) (2) | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) (2) | | Martin E. Stein, Jr. | 18,819 | $1,299,076 | 10,345(3) | $714,115 | | | | | 12,908(4) | $891,039 | | Lisa Palmer | 110,213 | $7,608,003 | 82,754(3) | $5,712,509 | | | | | 107,567(4) | $7,425,350 | | Michael J. Mas | 34,816 | $2,403,348 | 26,205(3) | $1,808,931 | | | | | 33,733(4) | $2,328,589 | | Alan T. Roth | 24,071 | $1,661,621 | 19,310(3) | $1,332,969 | | | | | 25,816(4) | $1,782,078 | | Nicholas A. Wibbenmeyer | 24,043 | $1,659,688 | 19,310(3) | $1,332,969 | | | | | 25,816(4) | $1,782,078 |

  59. Outstanding Equity Awards

    (1) These represent restricted stock and performance share awards, which vest as follows:

  60. Outstanding Equity Awards

    | Mr. Stein (#) | Ms. Palmer (#) | Mr. Mas (#) | Mr. Roth (#) | Mr. Wibbenmeyer (#) | Vesting Dates | | 1,138 | 4,064 | 1,179 | 1,729 | 1,701 | 100% on February 1, 2026 | | 11,932 | 63,838 | 20,285 | 11,932 | 11,932 | 100% on February 2, 2026 | | 1,657 | 8,867 | 2,818 | 2,487 | 2,487 | 50% per year on February 2, 2026 and 2027 | | 1,939 | 15,517 | 4,913 | 3,621 | 3,621 | 33 1/3% per year on February 6, 2026, 2027, and 2028. | | 2,152 | 17,927 | 5,622 | 4,302 | 4,302 | 25% per year on February 4, 2026, 2027, 2028 and 2029 |

  61. Outstanding Equity Awards

    (2) The amounts in this column have been computed based on $69.03 per share, which is the closing price of our common stock on December 31, 2025, and include unvested dividend equivalent units as of that date. The actual value realized by the executive will depend on the market value of our common stock on the date that the awards vest and the actual number of shares that vest. (3) Amounts shown represent performance at target, as of December 31, 2025, for performance-based awards granted in 2024 with a performance period from 2024 through 2026. (4) Amounts shown represent performance at 150% of target, which is the next higher level of performance that exceeds actual performance as of December 31, 2025, for performance-based awards granted in 2025 with a performance period from 2025 through 2027. 42 |

  62. Options Exercises and Stock Vested in 2025

    Options Exercises and Stock Vested in 2025 Our NEOs do not have any stock options outstanding and did not exercise any stock options in 2025. The following table sets forth information about the vesting of both stock rights (i.e., restricted stock) and performance-based equity awards for our NEOs in 2025.

  63. Options Exercises and Stock Vested in 2025

    | | Stock Awards | | | Name | Number of Shares Acquired on Vesting (1) (#) | Value Realized on Vesting (2) ($) | | Martin E. Stein, Jr. | 18,182 | $1,288,922 | | Lisa Palmer | 65,301 | $4,629,188 | | Michael J. Mas | 20,035 | $1,420,281 | | Alan T. Roth | 10,644 | $754,553 | | Nicholas A. Wibbenmeyer | 10,560 | $748,598 |

  64. Options Exercises and Stock Vested in 2025

    (1) The shares in this column include dividend equivalents issued in shares at the same time that the underlying shares vested. (2) The amounts in this column have been computed based on the closing price of our common stock on the vesting date.

  65. Potential Payments Upon Termination or

    Potential Payments Upon Termination or

  66. Pay Versus Performance Table

    Pay Versus Performance Table The following tables and discussion summarize the relationship between NEO compensation actually paid (“Compensation Actually Paid”) and our financial performance results for our last four completed fiscal years, calculated in the manner required by Item 402(v) of Regulation S-K. The tables and the associated narrative and graphical disclosure should be viewed together for a more complete presentation of such relationship over the time periods presented. The calculations and analysis below do not necessarily reflect the Company’s approach to aligning executive compensation with performance. For information concerning the Company’s compensation philosophy and how the Company aligns executive compensation with financial performance, refer to the Compensation Discussion and Analysis on page 26 of this proxy statement.

  67. Pay Versus Performance Table

    | | | | | | Value of Initial Fixed $100 Investment Based On: | | | | | Year (1) | Summary Compensation Table Total for Principal Executive Officer (PEO) | Compensation Actually Paid to PEO (2)(3) | Average Summary Compensation Table Total for non-PEO NEOs | Average Compensation Actually Paid to non-PEO NEOs (2)(3) | Total Shareholder Return (9) | Peer Group Total Shareholder Return (9) | Net Income (in thousands) | Core Operating Earnings Per Share (10) | | 2025 | $11,092,432 | $11,270,326(4) | $3,095,165 | $3,125,345(4) | $184.91 | $182.01 | $540,951 | $4.41 | | 2024 | $9,559,263 | $10,808,053(5) | $2,713,582 | $3,048,249(4) | $144.74 | $136.97 | $409,840 | $4.13 | | 2023 | $9,269,035 | $9,530,042(6) | $2,479,595 | $2,586,810(5) | $125.99 | $117.03 | $370,867 | $3.93 (11) | | 2022 | $8,649,788 | $6,276,760(7) | $2,291,627 | $1,608,823(6) | $112.72 | $104.46 | $488,035 | $3.62 (11) | | 2021 | $7,026,315 | $14,742,502(8) | $2,374,789 | $3,894,473(7) | $130.41 | $119.43 | $366,288 | $3.68 |

  68. Pay Versus Performance Table

    (1) NEOs included in the above compensation columns reflect the following:

  69. Pay Versus Performance Table

    | Year | PEO | Non-PEOs | | 2025 | Ms. Palmer | Mr. Stein, Mr. Mas, Mr. Roth and Mr. Wibbenmeyer | | 2024 | Ms. Palmer | Mr. Stein, Mr. Mas, Mr. Roth and Mr. Wibbenmeyer | | 2023 | Ms. Palmer | Mr. Stein, Mr. Mas, Mr. Roth and Mr. Wibbenmeyer | | 2022 | Ms. Palmer | Mr. Stein, Mr. Mas, Mr. James D. Thompson, and Mr. Roth | | 2021 | Ms. Palmer | Mr. Stein, Mr. Mas, Mr. James D. Thompson, and Mr. Dan M. Chandler |

  70. Pay Versus Performance Table

    (2) The dollar amounts reported represent the amount of “Compensation Actually Paid”, as computed in accordance with SEC rules, but do not reflect the actual amount of compensation received by our PEO (CEO) or other NEOs during the applicable year. Fair value or change in fair value, as applicable, of equity awards in the “Compensation Actually Paid” columns was determined by reference to (a) for restricted share awards, closing price on applicable year-end date(s) or, in the case of vesting dates, the actual vesting price, (b) for performance share awards that are not market based, the same valuation methodology as restricted share awards above except year-end values are multiplied times the probability of achievement as of each such date, and (c) for market-based performance share awards, the fair value calculated by a Monte Carlo simulation model as of the applicable year-end dates. (3) For the portion of “Compensation Actually Paid” that is based on year-end stock prices, the following prices were used: $69.03, $73.93, $67.00, $62.50, $75.35 and $45.59, for year-end 2025, 2024, 2023, 2022, 2021 and 2020, respectively. REGENCY CENTERS | non-PEOs reflects the following adjustments from Total Compensation reported in the Summary Compensation Table:

  71. Pay Versus Performance Table

    | | PEO | Average Non-PEO | | Total Reported in 2025 Summary Compensation Table (SCT) | $11,092,432 | $3,095,165 | | Less, value of Stock Awards reported in SCT | ($7,099,098) | ($1,621,463) | | Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding | $7,007,243 | $1,600,467 | | Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested | ($71,416) | ($22,853) | | Plus, FMV of Awards Granted this Year and that Vested this Year | $0 | $0 | | Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year | $341,165 | $74,029 | | Less Prior Year Fair Value of Prior Year awards that Failed to vest this year | $0 | $0 | | Total Adjustments | $177,894 | $30,180 | | Compensation Actually Paid for Fiscal Year 2025 | $11,270,326 | $3,125,345 |

  72. Pay Versus Performance Table

    (5) 2024 “Compensation Actually Paid” to Ms. Palmer and the average “Compensation Actually Paid” to non-PEOs reflects the following adjustments from Total Compensation reported in the Summary Compensation Table:

  73. Pay Versus Performance Table

    | | PEO | Average Non-PEO | | Total Reported in 2024 Summary Compensation Table (SCT) | $9,559,263 | $2,713,582 | | Less, value of Stock Awards reported in SCT | ($5,702,941) | ($1,295,055) | | Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding | $7,340,943 | $1,667,006 | | Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested | $185,673 | $52,457 | | Plus, FMV of Awards Granted this Year and that Vested this Year | $0 | $0 | | Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year | ($574,885) | ($89,740) | | Less Prior Year Fair Value of Prior Year awards that Failed to vest this year | $0 | $0 | | Total Adjustments | $1,248,790 | $334,667 | | Compensation Actually Paid for Fiscal Year 2024 | $10,808,053 | $3,048,249 |

  74. Pay Versus Performance Table

    (6) 2023 “Compensation Actually Paid” to Ms. Palmer and the average “Compensation Actually Paid” to non-PEOs reflects the following adjustments from Total Compensation reported in the Summary Compensation Table:

  75. Pay Versus Performance Table

    | | PEO | Average Non-PEO | | Total Reported in 2023 Summary Compensation Table (SCT) | $9,269,035 | $2,479,595 | | Less, value of Stock Awards reported in SCT | ($5,536,918) | ($1,265,942) | | Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding | $5,517,908 | $1,263,196 | | Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested | $216,704 | $72,835 | | Plus, FMV of Awards Granted this Year and that Vested this Year | $0 | $0 | | Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year | $63,313 | $37,126 | | Less Prior Year Fair Value of Prior Year awards that Failed to vest this year | $0 | $0 | | Total Adjustments | $261,007 | $107,215 | | Compensation Actually Paid for Fiscal Year 2023 | $9,530,042 | $2,586,810 |

  76. Pay Versus Performance Table

    48 | (7) 2022 compensation “Actually Paid” to Ms. Palmer and the average Actually Paid to non-PEOs reflects the following adjustments from Total Compensation reported in the Summary Compensation Table:

  77. Pay Versus Performance Table

    | | PEO | Average Non-PEO | | Total Reported in 2022 Summary Compensation Table (SCT) | $8,649,788 | $2,291,627 | | Less, value of Stock Awards reported in SCT | ($5,184,152) | ($1,212,490) | | Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding | $4,567,311 | $1,085,215 | | Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested | ($1,288,996) | ($384,424) | | Plus, FMV of Awards Granted this Year and that Vested this Year | $0 | $0 | | Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year | ($467,191) | ($171,104) | | Less Prior Year Fair Value of Prior Year awards that Failed to vest this year | $0 | $0 | | Total Adjustments | ($2,373,028) | ($682,803) | | Compensation Actually Paid for Fiscal Year 2022 | $6,276,760 | $1,608,823 |

  78. Pay Versus Performance Table

    (8) 2021 compensation “Actually Paid” to Ms. Palmer and the average Actually Paid to non-PEOs reflects the following adjustments from Total Compensation reported in the Summary Compensation Table:

  79. Pay Versus Performance Table

    | | PEO | Average Non-PEO | | Total Reported in 2021 Summary Compensation Table (SCT) | $7,026,315 | $2,374,789 | | Less, value of Stock Awards reported in SCT | ($3,950,257) | ($1,420,337) | | Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding | $7,830,287 | $2,153,181 | | Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested | $2,664,658 | $790,463 | | Plus, FMV of Awards Granted this Year and that Vested this Year | $0 | $0 | | Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year | $1,171,500 | $608,353 | | Less Prior Year Fair Value of Prior Year awards that Failed to vest this year | $0 | ($611,977) | | Total Adjustments | $7,716,187 | $1,519,684 | | Compensation Actually Paid for Fiscal Year 2021 | $14,742,502 | $3,894,473 |

  80. Pay Versus Performance Table

    (9) “Peer Group Total Shareholder Return” means as reflected by the FTSE Nareit Shopping Center Index. Each year reflects the cumulative value of a $100 investment, including reinvestment of dividends, if such amount had been invested on December 31, 2020. (10) Core Operating Earnings per Share is a non-GAAP financial measure. See Appendix A for reconciliations of GAAP to non-GAAP financial measures. (11) For 2023 and 2022, Adjusted Core Operating Earnings Per Share was utilized as the Company’s Selected Measure, to eliminate the impact of COVID-related collections and/or prior period recoveries. See Appendix A of the respective Proxy Statement for reconciliations of GAAP to non-GAAP financial measures. REGENCY CENTERS |

  81. Pay Versus Performance Descriptive Disclosure

    Pay Versus Performance Descriptive Disclosure We believe the “Compensation Actually Paid” in each of the four years reported above and over the four-year cumulative period is reflective of the Compensation Committee’s emphasis on “pay-for-performance”, as the “Compensation Actually Paid” varied year over year, primarily due to the result of our relative total shareholder return and levels of achievement against pre-established performance goals under our annual and long-term incentive plans. 50 | The following unranked list reflects the Company’s most important performance measures used by our Company to link Compensation Actually Paid for fiscal 2025 to our performance. Each of these financial performance measures is further described and defined in the Compensation Discussion and Analysis section of this proxy statement.

  82. CEO Pay Ratio

    CEO Pay Ratio We have estimated the ratio of our 2025 CEO’s total compensation to the median annual total compensation of all employees (except our CEO). In determining the median employee, we considered taxable compensation totals in 2025. We identified the “Median Employee” based on the taxable compensation of all full-time, part-time, and temporary employees employed by Regency on December 31, 2025. Then, we calculated the Median Employee’s compensation under the Summary Compensation Table rules. Our CEO in 2025, Ms. Palmer, had an annual total compensation of $11,092,432 and our Median Employee had an annual total compensation of $154,922. Therefore, we estimate that our CEO’s annual total compensation in 2025 is 72 times that of the median of the annual total compensation of all of our employees. REGENCY CENTERS |

  83. Shareholder Recommendations for Potential Director Nominees

    Shareholder Recommendations for Potential Director Nominees Shareholders who wish to nominate a candidate for election to our Board at our 2026 Annual Meeting must submit notice of such nominations in accordance with our bylaws, and such nominations must be received by our Secretary by no earlier than January 6, 2027 and no later than February 5, 2027. The mailing envelope should contain a clear notation indicating that the enclosed letter is a “Shareholder Nomination for Director.” Please refer to Section 3.15 of our bylaws for detailed information regarding director candidate nominations, including specific requirements with respect to submissions. In addition, if a shareholder wishes to nominate a candidate for election to our Board at our 2027 Annual Meeting and elects to have such candidate included in our proxy statement for our 2027 Annual Meeting pursuant to our proxy access bylaw, such nomination must comply with the notice, disclosure, eligibility and other requirements described in Section 3.18 of our bylaws and such nominations must be received by our Secretary by no later than November 25, 2026. In addition to satisfying the foregoing requirements under our bylaws, to comply with the universal proxy rules, stockholders who intend to solicit proxies in support of director nominees other than nominees by our Board must provide notice that sets forth the information required by Rule 14a-19 under the Exchange Act. Any nominations must be sent to our Secretary at our office at: One Independent Drive, Suite 114, Jacksonville, Florida 32202.