Form 4: Zions Bancorporation Director Claire A. Huang Reports Acquisition of Deferred Compensation Units
SEC Form 4 Filing
Director Claire A. Huang reports acquisition of 2,874 deferred compensation units, equivalent to common stock shares, at $41.76 each.
Summary
- On April 26, 2024, Claire A. Huang, a director of Zions Bancorporation, acquired 2,874 units of deferred compensation.
- Each unit is economically equivalent to one share of Zions Bancorporation common stock.
- The price per unit was $41.76.
- Following the transaction, Huang directly owns 23,572.096 shares of common stock.
- The deferred compensation units will be settled in cash upon the earlier of death or retirement.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the holdings of company directors.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of transaction: Claire A. Huang acquired deferred compensation units. |
| 04/29/2024 | Date of report filing. |
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