Zions controller’s initial stock ownership disclosed
ZION’s Controller Brian A. Stringham reports direct, 401(k), and option-based holdings in the company’s common stock.
Rhea-AI Filing Summary
ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION) reported the initial equity holdings of Brian A. Stringham, who serves as Controller. He reports direct ownership of 1,402 shares of common stock and an additional 5,768.763 shares held indirectly through a 401(k) plan.
Stringham also holds stock options on common shares granted under the Zions Bancorporation 2015 Omnibus Incentive Plan, vesting 33% per year for three years. These options cover 165, 218, 286, and 305 underlying shares at exercise prices between $45.65 and $73.22, with expirations from February 9, 2027 through February 12, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Stringham Brian A
Role
Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 974 contracts (Direct);
Common Stock — 1,402 shares (Direct);
Common Stock — 5,768.763 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. Options granted under the Zions Bancorporation 2015 Omnibus Incentive Plan. Options vest 33% per year for 3 years.
Key Figures
Direct common shares held: 1,402 shares
Indirect common shares held via 401(k): 5,768.763 shares
Option underlying shares at $73.22: 165 shares
+4 more
7 metrics
Direct common shares held
1,402 shares
Common stock directly owned by Brian A. Stringham
Indirect common shares held via 401(k)
5,768.763 shares
Common stock held indirectly through a 401(k) plan
Option underlying shares at $73.22
165 shares
Stock options on common stock at $73.22, expiring February 10, 2029
Option underlying shares at $52.90
218 shares
Stock options on common stock at $52.90, expiring February 12, 2030
Option underlying shares at $45.65
286 shares
Stock options on common stock at $45.65, expiring February 9, 2027
Option underlying shares at $48.65
305 shares
Stock options on common stock at $48.65, expiring February 7, 2028
Vesting schedule
33% per year for 3 years
Applies to the stock options granted under the 2015 Omnibus Incentive Plan
Key Terms
Stock Option, 2015 Omnibus Incentive Plan, 401(k) Plan
3 terms
Stock Option financial
"Options granted under the Zions Bancorporation 2015 Omnibus Incentive Plan."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
2015 Omnibus Incentive Plan financial
"Options granted under the Zions Bancorporation 2015 Omnibus Incentive Plan."
401(k) Plan financial
"Common stock held indirectly by a 401(k) plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What does the Form 3 filing disclose about ZION’s Controller Brian A. Stringham?
It discloses Brian A. Stringham’s initial ownership in ZIONS BANCORPORATION common stock, including 1,402 directly held shares, 5,768.763 shares in a 401(k) plan, and several stock option positions under the 2015 Omnibus Incentive Plan.
What stock options on ZION common stock does Brian A. Stringham report?
He reports options on 165, 218, 286, and 305 shares of ZION common stock, with exercise prices of $73.22, $52.90, $45.65, and $48.65, expiring between February 9, 2027 and February 12, 2030.
Under what plan were Brian A. Stringham’s ZION stock options granted?
The stock options reported by Brian A. Stringham were granted under the Zions Bancorporation 2015 Omnibus Incentive Plan and vest 33% per year for three years, as described in the filing footnote.
Do the reported ZION stock options for Brian A. Stringham have a vesting schedule?
Yes. The filing states that the options were granted under the 2015 Omnibus Incentive Plan and that they vest 33% per year for three years, meaning the award becomes exercisable in three equal annual installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
