Form 4: Zions Bancorporation Director Lee Vivian S. Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Lee Vivian S. reports changes in beneficial ownership of Zions Bancorporation stock due to deferred compensation transactions.
Summary
- On April 1, 2024, Director Lee Vivian S. acquired 549.83 units of deferred compensation which are equivalent to common stock in Zions Bancorporation.
- These phantom stock units will be settled in cash upon the earlier of death or retirement.
- Following the transaction, Lee Vivian S. directly owns 15,870.108 shares of Zions Bancorporation common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
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, ensuring fair market practices.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: acquisition of deferred compensation units. |
| 04/02/2024 | Date of signature by attorney in fact. |
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.