Form 4: Zions Bancorporation Director Gary L Crittenden Reports Acquisition of Deferred Compensation Units
SEC Form 4 Filing
Director Gary L Crittenden reports acquiring 2,789 deferred compensation units of Zions Bancorporation, equivalent to common stock, at $46.61 per unit.
Summary
- Gary L Crittenden, a director of Zions Bancorporation, reported a transaction on May 2, 2025.
- Crittenden acquired 2,789 units of deferred compensation, each equivalent to one share of common stock, at a price of $46.61 per unit.
- Following the transaction, Crittenden directly owns 28,715.224 shares of common stock equivalent.
- The phantom stock units are settled in cash upon the earlier of death or retirement.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing indicating a director's acquisition of deferred compensation units.
Positives
- The acquisition of deferred compensation units by a director may signal confidence in the company's future performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers. These filings are closely watched by investors as they can provide insights into management's perspective on the company's stock and future prospects.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Acquisition of deferred compensation units |
| 05/05/2025 | Date of signature by attorney in fact |
Keywords
Zions Bancorporation, Director, Gary L Crittenden, Deferred Compensation, Form 4, Beneficial Ownership, ZION
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.