Form 4: Zions Bancorporation Executive Vice President Derek Steward Reports Stock Transactions
SEC Form 4
Executive Vice President Derek Steward of Zions Bancorporation reports acquisition and disposal of company stock in recent transactions.
Summary
- Derek Steward, an Executive Vice President at Zions Bancorporation, reported transactions involving the company's common stock.
- On February 10, 2025, Steward acquired 6,246 shares at $56.03 per share.
- Also on February 10, 2025, Steward disposed of 119 shares at $56.03 per share.
- On February 11, 2025, Steward disposed of 90 shares at $56.84 per share.
- Following these transactions, Steward directly owns 14,900 shares of Zions Bancorporation common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the financial industry. It provides transparency into the trading activities of key personnel.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency in insider trading.
- Similar filings are made by executives at other banks like JP Morgan Chase, Bank of America, and Wells Fargo, whenever they trade their company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as insider trading activity is often monitored for signals about the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Acquisition of 6,246 shares of common stock at $56.03 per share and disposal of 119 shares at $56.03 per share. |
| 02/11/2025 | Disposal of 90 shares of common stock at $56.84 per share. |
| 02/12/2025 | Date of signature by attorney in fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.