Form 4: Zions Bancorporation Director Stephen D. Quinn Acquires Additional Phantom Stock Units

Zions Bancorporation Director Stephen D. Quinn acquired 748.461 phantom stock units on July 1, 2025, increasing his beneficial ownership to 120,631.677 units as part of a deferred compensation plan.

Summary

• Stephen D. Quinn, a Director of Zions Bancorporation, National Association (ZION), acquired 748.461 derivative securities in the form of phantom stock units.
• The transaction occurred on July 1, 2025.
• These phantom stock units were acquired at a price of $0.
• Following this acquisition, Stephen D. Quinn's total beneficial ownership of derivative securities stands at 120,631.677 units.
• The phantom stock units are settled in cash upon the earlier of death or retirement.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The acquisition of phantom stock units by a director is a routine compensation event, indicating continued alignment with shareholder interests, but does not reflect new strategic or financial performance.

Positives

• Acquisition of additional phantom stock units by a director indicates continued alignment of interests with shareholders.
• The increase in beneficial ownership reflects the director's ongoing participation in the company's deferred compensation plan.

Future Outlook

The phantom stock units are structured to be settled in cash upon the earlier of Stephen D. Quinn's death or retirement.

Industry Context

This transaction represents a routine compensation event for a director, common across various industries where equity-linked compensation is used to align executive and board member interests with shareholder value.

Related Party Transactions

• The acquisition of phantom stock units by a director is a related party transaction, representing compensation from the company to an insider.

Stakeholder Impact

• Shareholders: The acquisition of phantom stock units by a director aligns the director's interests with shareholders, as the value of these units is tied to the company's common stock performance.

Next Steps

• Phantom stock units will be settled in cash upon the earlier of Stephen D. Quinn's death or retirement.

Key Dates

Keywords

Zions Bancorporation, ZION, Stephen D. Quinn, Form 4, SEC filing, insider transaction, phantom stock units, deferred compensation, director ownership, beneficial ownership, equity compensation