Form 4: Zions Bancorporation Director Skonnard Acquires Phantom Stock Units
SEC Form 4
Director Aaron Skonnard reports acquisition of deferred compensation units convertible to Zions Bancorporation common stock.
Summary
- Aaron Skonnard, a director of Zions Bancorporation, reported a transaction on May 2, 2025.
- Skonnard acquired 2,789 units of deferred compensation, each equivalent to one share of common stock.
- These phantom stock units will be settled in cash upon death or retirement.
- The price of the common stock was $46.61.
- Following the transaction, Skonnard directly owns 34,124.306 shares of common stock.
- The transaction was reported on May 5, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Aaron Skonnard acquired deferred compensation units. |
| 05/05/2025 | Date of report filing. |
Keywords
Zions Bancorporation, Director, Skonnard, Deferred Compensation, Phantom Stock, Form 4, Beneficial Ownership, ZION
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