Form 4: Zions Bancorporation Executive VP Eric Ellingsen Reports Stock Transactions

Executive VP and Division CEO of Zions Bancorporation, Eric Ellingsen, reports acquisition and disposal of company stock.

Summary

• On February 10, 2025, Eric Ellingsen acquired 6,783 shares of Zions Bancorporation common stock at a price of $56.03 per share.
• On the same day, Ellingsen disposed of 586 shares of common stock at $56.03 per share.
• On February 11, 2025, Ellingsen disposed of 382 shares of common stock at $56.84 per share.
• Following these transactions, Ellingsen directly owns 41,693 shares of Zions Bancorporation common stock.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an executive, with no inherent positive or negative implications for the company's overall performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in the financial industry to ensure transparency and compliance with securities regulations.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders, such as officers and directors, to report transactions in their company's stock.
• The level of detail provided in this Form 4 is consistent with SEC requirements and industry norms for insider transaction reporting.
• Comparable companies in the financial sector, such as JPMorgan Chase & Co. (JPM) and Bank of America (BAC), also have similar insider transaction reporting requirements.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The impact on other stakeholders, such as employees, customers, suppliers, and creditors, is likely to be negligible.

Key Dates