Form 4: Zions Bancorporation Executive Vice President Reports Stock Disposals
SEC Form 4 Filing
Derek Steward, an Executive Vice President at Zions Bancorporation, reported disposing of common stock to cover tax obligations.
Summary
- Derek Steward, an Executive Vice President of Zions Bancorporation, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of Zions Bancorporation common stock on February 12, 2025, and February 13, 2025.
- On February 12, 2025, 446 shares were disposed of at a price of $55.47.
- On February 13, 2025, 147 shares were disposed of at a price of $55.45.
- Following these transactions, Steward directly owns 14,307 shares of Zions Bancorporation common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock disposals, which is neutral in sentiment. It reflects routine transactions rather than indicating a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The disposal of shares by an executive could be perceived negatively by some shareholders, although it is often a routine transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Disposal of 446 shares of common stock at $55.47. |
| 02/13/2025 | Disposal of 147 shares of common stock at $55.45. |
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