Form 4: Zions Bancorporation EVP Law Disposes Shares for Tax
Insider Transaction Report
Zions Bancorporation Executive Vice President Scott A. Law reported the disposition of common stock on February 10 and 11, 2026, to satisfy tax obligations.
Summary
- Scott A. Law, Executive Vice President and Director of Zions Bancorporation, National Association, reported transactions involving the company's common stock.
- On February 10, 2026, Law disposed of 272 shares of common stock at a price of $64.08 per share.
- On February 11, 2026, an additional 156 shares of common stock were disposed of at a price of $62.91 per share.
- Both dispositions were marked with transaction code 'F', indicating they were for the payment of tax liability by withholding securities.
- Following these transactions, Law beneficially owns 28,935.636 shares of Zions Bancorporation common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. The reported transactions are routine dispositions of common stock by an executive to cover tax liabilities, which is a common practice for equity compensation and does not reflect a discretionary sale or a change in company fundamentals.
Industry Context
StockSavvy.ai notes that Form 4 filings detailing executive stock dispositions for tax purposes are routine occurrences in publicly traded companies, particularly for executives receiving equity-based compensation. These transactions are generally non-discretionary and do not typically signal a change in management's outlook on the company's future.
Stakeholder Impact
- Shareholders: Minimal direct impact as these are routine, non-discretionary transactions for tax purposes, not indicative of a change in executive confidence or company performance.
Key Dates
| Date | Description |
|---|---|
| 02/10/2026 | Disposition of 272 shares of Common Stock by Scott A. Law for tax liability. |
| 02/11/2026 | Disposition of 156 shares of Common Stock by Scott A. Law for tax liability. |
| 02/12/2026 | Date the Form 4 was signed by Rena Miller as attorney in fact for Scott A. Law. |
Recommendation
holdThe reported transactions are routine dispositions of shares by an executive to satisfy tax obligations related to equity compensation. This type of transaction (indicated by transaction code 'F') is non-discretionary and does not typically reflect a change in the executive's confidence in the company or its future prospects. Therefore, it does not provide sufficient new information to warrant a change from a 'hold' recommendation based solely on this filing.
Keywords
ZIONS BANCORPORATION, ZION, Form 4, insider transaction, stock disposition, executive compensation, Scott A. Law
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