Form 4: Zions Bancorporation Director Reports Stock Transaction

Gary L. Crittenden, a Director at Zions Bancorporation, National Association, reported a transaction involving deferred compensation units.

Summary

• Gary L. Crittenden, a Director of Zions Bancorporation, National Association, filed a Form 4 reporting a transaction.
• The transaction involved 2,055 deferred compensation units, which are economically equivalent to shares of common stock.
• These units were acquired on May 1, 2026, with a settlement value of $63.26 per unit, totaling $31,748.67.
• The deferred compensation units are settled in cash upon the earlier of death or retirement.
• Following this transaction, Mr. Crittenden beneficially owns 2,055 of these units directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of deferred compensation settlement rather than a significant new investment or divestment.

Positives

• Director Gary L. Crittenden acquired deferred compensation units, indicating continued engagement with the company's equity structure.
• The transaction value of $31,748.67 suggests a moderate level of investment or compensation realization.

Risks

• The deferred compensation units are settled in cash upon death or retirement, which could represent a future cash outflow for the company.
• The value of these units is tied to the company's common stock performance, exposing them to market volatility.

Future Outlook

The deferred compensation units are settled in cash upon the earlier of death or retirement, indicating a future cash event for the reporting person and potential cash outflow for the company.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions in the banking sector, providing transparency on executive and director compensation and investment activities.

Stakeholder Impact

• Shareholders: Increased transparency into director compensation and potential future cash outflows.
• Employees: May provide insight into executive compensation structures within Zions Bancorporation.
• Creditors: No direct impact indicated.

Next Steps

• The deferred compensation units will be settled in cash upon the earlier of death or retirement of Gary L. Crittenden.

Key Dates

Keywords

Form 4, SEC Filing, Zions Bancorporation, Gary L. Crittenden, Director, Deferred Compensation, Stock Transaction, Beneficial Ownership