Form 4: Zions Bancorporation Chairman & CEO Harris Simmons Buys 4,000 Shares
SEC Form 4
Harris Simmons, Chairman & CEO of Zions Bancorporation, acquired 4,000 shares of common stock at a price of $38.54 on February 27, 2024.
Summary
- On February 27, 2024, Harris H Simmons, the Chairman & CEO of Zions Bancorporation, purchased 4,000 shares of the company's common stock.
- The purchase price was $38.54 per share.
- Following this transaction, Simmons directly owns 1,312,987 shares of Zions Bancorporation common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase is a positive signal, but it's a relatively small transaction in the context of the overall market capitalization of Zions Bancorporation.
Positives
- The CEO's purchase of company stock could be interpreted as a positive signal about their confidence in the company's future prospects.
Industry Context
Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future performance. A purchase by the CEO is generally seen as a positive sign.
Stakeholder Impact
- The stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of the stock purchase transaction. |
| 02/28/2024 | Date of signature by attorney in fact. |
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