Form 4: Zions Bancorporation CEO Harris Simmons Reports Gift of Shares

Zions Bancorporation's Chairman and CEO, Harris Simmons, reported a gift of 2,648 common stock shares.

Summary

• Harris Simmons, Chairman and CEO of Zions Bancorporation, reported a transaction on December 23, 2024.
• The transaction involved a gift of 2,648 shares of Zions Bancorporation common stock.
• The shares were disposed of by Mr. Simmons as a bona fide gift.
• Following the transaction, Mr. Simmons beneficially owns 1,269,208 shares of Zions Bancorporation common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction. It does not indicate positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the banking industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider reporting requirements.
• Similar filings are made by executives at other financial institutions such as JP Morgan Chase, Bank of America, and Wells Fargo when they engage in transactions involving their company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a gift and does not involve a sale of shares on the open market.

Key Dates

Keywords

Zions Bancorporation, Harris Simmons, stock gift, beneficial ownership, Form 4, insider transaction