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

Director Stephen D. Quinn reports acquiring phantom stock units in Zions Bancorporation, settled in cash upon death or retirement.

Summary

• Stephen D. Quinn, a director of Zions Bancorporation, reported a transaction on April 3, 2025.
• Quinn acquired 778.856 phantom stock units.
• These units are settled in cash upon the earlier of death or retirement.
• Following the transaction, Quinn directly owns 116,005.963 shares of Zions Bancorporation common stock.
• The phantom stock units were acquired at a price of $0.

Sentiment

Score: 6

Explanation: Neutral sentiment. The filing is a standard disclosure of a transaction. The acquisition of phantom stock units can be seen as a mildly positive sign, but it's not a strong indicator of significant positive or negative sentiment.

Positives

• The acquisition of phantom stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the acquisition of phantom stock units suggests an expectation of future value.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future performance.

Comparison to Industry Standards

• Comparing Quinn's holdings to other directors in similar regional banks would provide context on the significance of his stake.
• Analyzing the prevalence of phantom stock unit compensation among Zions Bancorporation's peers could offer insights into the company's executive compensation practices.
• Benchmarking Zions Bancorporation's insider ownership against industry averages can reveal whether management's interests are closely aligned with shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

Zions Bancorporation, Director, Stephen D. Quinn, Phantom Stock Units, Beneficial Ownership, Form 4, ZION