Form 4: Zions Bancorporation Director Claire A. Huang Reports Acquisition of Phantom Stock Units
SEC Form 4
Director Claire A. Huang reports acquisition of phantom stock units in Zions Bancorporation.
Summary
- On May 2, 2025, Claire A. Huang, a director of Zions Bancorporation, acquired 2,789 phantom stock units.
- These units are the economic equivalent of one share of common stock and will be settled in cash upon the earlier of death or retirement.
- The price of the common stock was $46.61.
- Following the transaction, Huang directly owns 29,498.522 shares of Zions Bancorporation common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock acquisition by a director.
Positives
- The acquisition of phantom stock units by a director may indicate confidence in the company's future performance.
Future Outlook
The phantom stock units will be settled in cash upon the earlier of death or retirement.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Claire A. Huang acquired phantom stock units. |
| 05/05/2025 | Date of report submission. |
Keywords
Zions Bancorporation, Director, Claire A. Huang, Phantom Stock Units, Beneficial Ownership, Form 4, ZION
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