Form 4: Zions Bancorporation Executive Vice President Exercises Stock Options and Disposes of Shares

Sentiment:

SEC Form 4 Filing


Executive Vice President of Zions Bancorporation, Derek Steward, exercised stock options and disposed of shares on January 31, 2025.

Summary

  • Derek Steward, an Executive Vice President at Zions Bancorporation, executed a transaction involving the company's stock on January 31, 2025.
  • He exercised stock options to acquire 627 shares of common stock at a price of $55.68 per share.
  • Following the exercise of options, Mr. Steward disposed of 600 shares of common stock at a price of $58.33 per share.
  • After these transactions, Mr. Steward directly owns 8,863 shares of Zions Bancorporation common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing standard executive transactions, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock option exercises and share disposals, which is common in the financial services industry.

Comparison to Industry Standards

  • Executive stock option exercises and share disposals are standard practice across the financial industry.
  • Companies like JPMorgan Chase, Bank of America, and Wells Fargo also regularly report similar transactions by their executives.
  • The reported prices are within the expected range for the company's stock price at the time of the transaction.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they are routine executive stock transactions.

Key Dates

DateDescription
01/31/2025Date of stock option exercise and share disposal.
02/03/2025Date of signature on the Form 4 filing.
02/22/2025Expiration date of the stock options.

Keywords

Zions Bancorporation, stock options, executive transaction, insider trading, Form 4, equity securities, share disposal

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