Form 4: Zions Bancorporation Director Lee Vivian S. Reports Acquisition of Deferred Compensation Units
SEC Form 4 Filing
Director Lee Vivian S. reports acquisition of deferred compensation units convertible to common stock in Zions Bancorporation.
Summary
- On May 2, 2025, Director Lee Vivian S. acquired 2,789 units of deferred compensation from Zions Bancorporation.
- Each unit is the economic equivalent of one share of common stock.
- These phantom stock units will be settled in cash upon the earlier of death or retirement.
- Following the transaction, Lee Vivian S. directly owns 24,253.958 shares of Zions Bancorporation common stock.
- The price per share for the transaction was $46.61.
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.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of a director's transaction in company stock, which is common in the financial services industry.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership.
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, Form 4, Deferred Compensation, Beneficial Ownership, Stock Acquisition, ZION
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