Form 4: Zions Bancorporation Executive Reports Stock Transactions

Jennifer Anne Smith, Executive Vice President at Zions Bancorporation, National Association, reported transactions involving common stock and stock options.

Summary

• Jennifer Anne Smith, an Executive Vice President at Zions Bancorporation, National Association, reported a disposition of 15,671 shares of common stock on April 2, 2026.
• The disposition of common stock was valued at $0, indicating it was likely a grant or award rather than a sale.
• Following this transaction, Ms. Smith beneficially owns 7,077.407 shares of common stock directly.
• Additionally, Ms. Smith acquired 3,711 stock options on April 2, 2026, with an exercise price of $73.22.
• These stock options are subject to a graded vesting schedule, with varying exercisable dates for each tranche.
• The report was filed by Rena Miller as attorney-in-fact on April 9, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions rather than significant strategic or financial news.

Positives

• Acquisition of 3,711 stock options, indicating potential future equity participation and alignment with company performance.
• The stock options have a defined exercise price of $73.22, providing a clear benchmark for potential gains.

Negatives

• Disposition of 15,671 shares of common stock, which could be interpreted as a reduction in direct holdings, although the $0 value suggests it was not a sale for cash.

Future Outlook

The filing does not contain forward-looking statements or guidance. The acquisition of stock options with a graded vesting schedule suggests a long-term incentive for the executive.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for executives and directors regarding their company's stock transactions. This filing indicates routine equity management by an executive at Zions Bancorporation.

Stakeholder Impact

• Shareholders: The disposition of common stock at $0 value and acquisition of stock options are typical executive compensation elements and do not inherently signal a change in company outlook. The vesting schedule of options aligns executive interests with long-term company performance.
• Employees: This filing is specific to an executive and does not directly impact general employee compensation or operations.
• Creditors: No direct impact on creditors is indicated by this filing.
• Suppliers/Customers: No direct impact on suppliers or customers is indicated by this filing.

Next Steps

• The stock options acquired will vest according to a graded schedule, allowing for future exercise.
• Future transactions by Jennifer Anne Smith will be reported on subsequent Form 4 filings.

Key Dates

Keywords

Zions Bancorporation, Form 4, Stock Options, Common Stock, Insider Trading, Beneficial Ownership, Executive Transactions, SEC Filing