Form 4: Zions Bancorporation Executive VP Olga Hoff Reports Acquisition of Deferred Compensation Units
SEC Form 4
Olga Hoff, Executive VP of Zions Bancorporation, reports acquiring deferred compensation units equivalent to 59.747 shares of common stock on March 7, 2024.
Summary
- On March 7, 2024, Olga Hoff, an Executive VP at Zions Bancorporation, acquired 59.747 units of deferred compensation.
- Each unit is equivalent to one share of Zions Bancorporation common stock.
- These shares are paid out in cash or stock upon a date or age elected at the time of deferral, or upon termination of employment.
- Following the transaction, Hoff beneficially owns 689.58 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider transactions.
Future Outlook
The shares are paid out in cash or stock upon date or age elected at time of deferral, or upon termination of employment.
Industry Context
Form 4 filings are routine disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This filing indicates an acquisition of deferred compensation units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Olga Hoff acquired deferred compensation units. |
| 03/11/2024 | Date of signature by attorney in fact. |
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