Form 4: Zions Bancorporation Director Gupta Acquires Deferred Stock Units
SEC Form 4 Filing
Director Suren Gupta acquired 2,789 deferred stock units of Zions Bancorporation on May 2, 2025, at a price of $46.61 per unit.
Summary
- On May 2, 2025, Suren Gupta, a director of Zions Bancorporation, acquired 2,789 deferred stock units.
- The price per unit was $46.61.
- Following the transaction, Gupta directly owns 33,224.62 units.
- These units are the economic equivalent of common stock and will be settled in cash upon death or retirement.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction by a company director. It is neutral in sentiment.
Positives
- The acquisition of deferred stock units by a director signals confidence in the company's future.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, transact in their company's stock. These filings provide transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Suren Gupta acquired 2,789 deferred stock units. |
| 05/05/2025 | Date of signature by attorney in fact. |
Keywords
Zions Bancorporation, Suren Gupta, deferred stock units, director, acquisition, ZION
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