Form 4: Zions Bancorporation Director Lee Vivian S. Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Director Lee Vivian S. reports acquiring phantom stock units convertible to cash in Zions Bancorporation.
Summary
- On September 30, 2024, Director Lee Vivian S. acquired 525.466 phantom stock units of Zions Bancorporation.
- These units are payable in cash upon the earlier of death or retirement.
- Following the transaction, Lee Vivian S. directly owns 20,166.714 shares of Zions Bancorporation common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
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 disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: acquisition of phantom stock units |
| 10/01/2024 | Date of report filing |
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