Form 4: Zions Bancorporation Director Stephen D. Quinn Reports Acquisition of Phantom Stock Units

Sentiment:

SEC Form 4 Filing


Director Stephen D. Quinn reports acquisition of phantom stock units settled in cash upon death or retirement.

Summary

  • On September 30, 2024, Stephen D. Quinn, a director of Zions Bancorporation, National Association, acquired 772.435 phantom stock units.
  • These units are settled in cash upon the earlier of death or retirement.
  • Following the transaction, Quinn directly owns 112,841.032 shares of Zions Bancorporation common stock.
  • The transaction was reported on October 1, 2024.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of company insiders.

Key Dates

DateDescription
09/30/2024Date of transaction: Stephen D. Quinn acquired phantom stock units.
10/01/2024Date of report filing.

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