Form 4: Zions Bancorporation Executive Vice President Exercises Stock Options and Disposes of Shares
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
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock option exercise and share disposal. |
| 02/03/2025 | Date of signature on the Form 4 filing. |
| 02/22/2025 | Expiration date of the stock options. |
Keywords
Zions Bancorporation, stock options, executive transaction, insider trading, Form 4, equity securities, share disposal
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