Form 4: Zions Bancorporation President & COO Gifts 5,900 Shares Under Pre-Arranged Plan

Scott J. McLean, President and COO of Zions Bancorporation, reported a gift of 5,900 shares of common stock, reducing his direct beneficial ownership to 80,917 shares.

Summary

• Scott J. McLean, President & COO and a Director of Zions Bancorporation, National Association (ZION), reported a change in his beneficial ownership.
• The transaction involved the disposition of 5,900 shares of Zions Bancorporation Common Stock.
• The shares were disposed of as a bona fide gift (Transaction Code 'G') at a price of $0 per share.
• This transaction was executed on July 30, 2025, and was made pursuant to a Rule 10b5-1(c) pre-arranged plan.
• Following this reported transaction, Mr. McLean directly beneficially owns 80,917 shares of Zions Bancorporation Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider gift of shares, which is a personal transaction and does not inherently reflect positive or negative sentiment regarding the company's operational performance or outlook.

Future Outlook

NA

Industry Context

This filing details a routine insider transaction for a financial institution, specifically a gift of shares by a senior executive. It does not provide information directly related to broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Notes a slight reduction in direct insider ownership due to a gift, which is a routine disclosure and does not imply a change in company fundamentals or a lack of confidence.

Key Dates

Keywords

Zions Bancorporation, ZION, Scott J. McLean, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Corporate Officer, Bank, Financial Services