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 deferred compensation units convertible to common stock in a recent SEC filing.
Summary
- On April 1, 2024, Claire A. Huang, a director of Zions Bancorporation, acquired 619.282 units of deferred compensation.
- These units are convertible to common stock and are settled in cash upon the earlier of death or retirement.
- Following the transaction, Ms. Huang directly owns 20,698.096 shares of Zions Bancorporation common stock.
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
This filing is a routine disclosure of insider transactions, which are common in the financial industry. It provides transparency into the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Claire A. Huang acquired deferred compensation units. |
| 04/02/2024 | Date of signature on the SEC filing. |
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