Form 4: Zions Bancorporation Director Stephen D. Quinn Reports Acquisition of Deferred Compensation Units

Stephen D. Quinn, a director of Zions Bancorporation, reported the acquisition of 2,789 deferred compensation units, each equivalent to one share of common stock, on May 2, 2025.

Summary

• On May 2, 2025, Stephen D. Quinn, a director of Zions Bancorporation, acquired 2,789 deferred compensation units.
• Each unit is the economic equivalent of one share of Zions Bancorporation common stock.
• The phantom stock units are settled in cash upon the earlier of death or retirement.
• The price of the common stock was $46.61, resulting in a total value of $118,794.963.
• Following the transaction, Quinn directly owns 118,794.963 shares of Zions Bancorporation common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of deferred compensation units by a director generally indicates confidence in the company, but it's a routine transaction.

Positives

• Director's acquisition of deferred compensation units signals confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the acquisition of deferred compensation units by a director suggests a positive outlook.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company insiders, such as directors, and their confidence in the company's prospects.

Comparison to Industry Standards

• Comparing Quinn's holdings to other directors in similarly sized regional banks would provide context on the magnitude of his investment.
• Deferred compensation plans are a common tool for executive compensation in the financial industry, aligning management's interests with shareholder value.

Stakeholder Impact

• The acquisition of deferred compensation units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Zions Bancorporation, Stephen D. Quinn, Director, Deferred Compensation, Form 4, Beneficial Ownership, ZION