If you use a classic transformer, you can't depend on its output voltage to be a specific value.
At very low output, the voltage may be up to 10-20% higher than the advertised value. So if your product is on stand-by or most modules are idle, the transformer may output a much higher voltage.
Then, you have to account for much lower mains (AC) voltage - ex your 110v AC may be 100v AC, or may be 120v AC ... if the transformer ratio is 1:9 (ex 110v : 12v ac) then you could have almost 13.5v AC with 120v AC on the input, before we even get to that 10-20% extra at low current.
You rectify that AC voltage with a bridge rectifier and then smooth out that rectified voltage with capacitors.
You can sort of approximate how much capacitance you want to guarantee a minimum dc voltage with the formula
Capacitance = Current / [ 2 x ac frequency x ( Vdc peak - Vdc desired) ]
So for example, let's say you have a 110v AC - 15v AC transformer, and you know you may have 14v AC if mains voltage is too low. At idle, and/or high mains AC voltage, you may have 16v AC or even more
Rectified DC voltage will have a peak voltage of Vdc peak = [14 .. 16] x 1.414 - 2 x voltage drop on diode in bridge rectifier (around 0.7v..1v per diode) = 18.2v .. 21v
So you'd want to use at least 25v rated capacitors, but 35v or 50v rated would be better.
So going back to the formula , you have Vdc peak of 18v , you have 4A current, let's say you want minimum 14v DC all the time so you could then use linear regulators to produce 12v....
C = 4A / ( 2 x 50hz x (18v - 14v ) ) = 4 / 400 = 1 /100 = 10000uF
I'd probably consider 3 x 3300uF or 2 x 4700-5600 uF , depending on how much space you can afford for them.
You may want to think how much current you're gonna consume on negative voltages and how much on positive voltages
It may be easier and cheaper to not have 2 identical secondary windings to have same current on positive and negative, maybe you could have custom transformer with less current on negative side. Or may even be cheaper to get just one secondary winding, and then use a switch mode regulator to produce some negative voltage, followed by a linear regulator like 337 to smooth that out even further.
As for regulators, like others said ... you'll probably want to have multiple regulators, maybe let's say 5 of them, 1 for every 4 modules / slots.
Regulators like LM317, 7812 , 7815 can typically do 1 - 1.5A of current, but there are other regulators like let's say LM1085 and *1085 (made by multiple companies) which can do 3A
Even so, keep in mind linear regulators dissipate the difference as heat, so for example if you do 18v input, 15v output at 1A , that's (18-15)x1 = 3 watts of dissipated heat ... better to have a nice wide heatsink and attach multiple regulators on that heatsink to spread the heat instead of having one super hot regulator.
There's also some linear regulators that are very good at filtering, rejection, maybe you'll find it better to go overboard and use a single 500mA... <1A linear regulator for each module, because such ICs have much better filtering and stuff.