Form 4: Zions Bancorporation Director Aaron Skonnard Reports Acquisition of Phantom Stock Units

Director Aaron Skonnard reports acquisition of phantom stock units settled in cash upon death or retirement.

Summary

• On September 30, 2024, Aaron Skonnard, a director of Zions Bancorporation, reported the acquisition of phantom stock units.
• The transaction involved 578.013 phantom stock units at a price of $0.
• These units are settled in cash upon the earlier of death or retirement.
• Following the reported transaction, Skonnard directly owns 29,792.32 shares of common stock.
• The report was filed on October 1, 2024, by Rena Miller as attorney in fact.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a change in the beneficial ownership of a director at Zions Bancorporation.

Stakeholder Impact

• The acquisition of phantom stock units by a director may be of interest to shareholders as it reflects the director's stake in the company's future performance.

Key Dates