Form 4: Zions Bancorporation Director Reports Stock Transaction

Zions Bancorporation director Aaron Skonnard reported a transaction involving phantom stock units settled in cash.

Summary

• Aaron Skonnard, a Director at Zions Bancorporation, National Association, reported a transaction on May 1, 2026.
• The transaction involved 2,055 phantom stock units, which are economically equivalent to common stock.
• These phantom stock units were settled in cash, with a value of $63.26 per unit, totaling $130,130.30.
• Following this transaction, Skonnard beneficially owns 39,449.91 units directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard insider transaction without indicating significant positive or negative company performance.

Positives

• Director Aaron Skonnard's transaction indicates continued engagement with the company's equity structure.
• The settlement price of $63.26 per unit suggests a stable or positive valuation of the company's stock at the time of the transaction.

Negatives

• The filing does not explicitly detail any negative financial performance or operational challenges.

Risks

• The value of phantom stock units is tied to the company's common stock performance, thus subject to market volatility.
• The settlement of phantom stock units in cash means the director is realizing value, which could be interpreted in various ways by the market.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future performance.

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 dealings with company stock.

Stakeholder Impact

• Shareholders: The transaction provides insight into director compensation and potential confidence in the company's valuation, but does not directly impact share count or ownership structure.

Key Dates

Keywords

Zions Bancorporation, Aaron Skonnard, Form 4, Insider Transaction, Phantom Stock, Director, SEC Filing, Equity