Form 4: Zion Bancorporation Director Suren Gupta Trades Shares

Suren Gupta, a Director at Zions Bancorporation, National Association, reported a transaction involving phantom stock units settled in cash.

Summary

• Suren Gupta, a Director at Zions Bancorporation, National Association, reported a transaction on May 1, 2026.
• The transaction involved 2,055 phantom stock units, which are economically equivalent to one share of common stock.
• These phantom stock units are settled in cash upon the earlier of death or retirement.
• The reported value for these units was $63.26 per unit, totaling $36,411.72.
• The securities are beneficially owned directly by Mr. Gupta.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard transaction of phantom stock units by a director, which is a routine disclosure and does not inherently signal positive or negative sentiment about the company's performance.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future financial performance or strategic initiatives.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This specific filing details a cash settlement of phantom stock units, a common form of executive compensation.

Stakeholder Impact

• Shareholders: Increased transparency regarding director compensation and ownership structures.

Key Dates

Keywords

Zions Bancorporation, Suren Gupta, Form 4, Insider Trading, Phantom Stock, Director Transaction, SEC Filing, Beneficial Ownership