Form 4: Zions Bancorporation Controller Reports Stock Transactions

Robert Ryan Richards, Controller at Zions Bancorporation, reports the acquisition and disposal of common stock and restricted stock units.

Summary

• On May 3, 2024, Robert Ryan Richards, Controller of Zions Bancorporation, reported transactions involving the company's common stock and restricted stock units.
• Richards acquired 2,350 shares of common stock through the exercise of restricted stock units.
• He also disposed of 682 shares of common stock at a price of $43.62 per share.
• Following these transactions, Richards directly owns 21,289 shares of common stock and 2,351 restricted stock units.
• The restricted stock units vest 25% per year for 4 years under the Zions Bancorporation 2015 Omnibus Incentive Plan.
• A correction was made to the security due to year end reconciliation.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives and their potential alignment with shareholder interests.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly diluting or increasing the number of outstanding shares.

Key Dates