Edited by Roger J. Colbran Regulatory subunits of protein kinase A (PKA) inhibit its kinase subunits. Intriguingly, their potential as cAMP-dependent signal transducers remains uncharacterized. We recently reported that type I PKA regulatory subunits (RI␣) interact with phosphatidylinositol 3,4,5-trisphosphate-dependent Rac exchange factor 1 (P-REX1), a chemotactic Rac guanine exchange factor (RacGEF). Because P-REX1 is known to be phosphorylated and inhibited by PKA, its interaction with RI␣ suggests that PKA regulatory and catalytic subunits may fine-tune P-REX1 activity or those of its target pools. Here, we tested whether RI␣ acts as a cAMP-dependent factor promoting P-REX1-mediated Rac activation and cell migration. We observed that G s -coupled EP2 receptors indeed promote endothelial cell migration via RI␣-activated P-REX1. Expression of the P-REX1-PDZ1 domain prevented RI␣/P-REX1 interaction, P-REX1 activation, and EP2-dependent cell migration, and P-REX1 silencing abrogated RI␣-dependent Rac activation. RI␣-specific cAMP analogs activated P-REX1, but lost this activity in RI␣-knockdown cells, and cAMP pulldown assays revealed that P-REX1 preferentially interacts with free RI␣. Moreover, purified RI␣ directly activated P-REX1 in vitro. We also found that the RI␣ CNB-B domain is critical for the interaction with P-REX1, which was increased in RI␣ mutants, such as the acrodysostosis-associated mutant, that activate P-REX1 at basal cAMP levels. RI␣ and C␣ PKA subunits targeted distinct P-REX1 molecules, indicated by an absence of phosphorylation in the active fraction of P-REX1. This was in contrast to the inactive fraction in which phosphorylated P-REX1 was present, suggesting co-existence of dual stimula-tory and inhibitory effects. We conclude that PKA's regulatory subunits are cAMP-dependent signal transducers.