Zions Bancorporation (ZION) CEO Harris Simmons shifts 30,242 shares by bona fide gift
Rhea-AI Filing Summary
Zions Bancorporation Chairman & CEO Harris H. Simmons reported a bona fide gift involving 30,242 shares of Common Stock. The filing shows a disposition of 30,242 directly held shares and a corresponding acquisition of 30,242 shares held indirectly "By Spouse", reflecting an internal family transfer with no sale proceeds. Following these transactions, Simmons reports 973,140 directly held shares and 353,353 indirectly held shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
60,484 shares gifted
Gift
2 txns
Insider
SIMMONS HARRIS H
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 30,242 | $0.00 | $0.00 |
| Gift | Common Stock F1 | 30,242 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 973,140 shares (Direct);
Common Stock — 353,353 shares (Indirect, By Spouse)
Footnotes (1)
- F1. Bona fide gift
Key Figures
Shares gifted (per leg): 30,242 shares
Direct holdings after transaction: 973,140 shares
Indirect holdings after transaction: 353,353 shares
+2 more
5 metrics
Shares gifted (per leg)
30,242 shares
Bona fide gift transfer on 2026-08-11 between direct and spousal indirect ownership
Direct holdings after transaction
973,140 shares
Common Stock held directly by Harris H. Simmons following the gift
Indirect holdings after transaction
353,353 shares
Common Stock held indirectly "By Spouse" following the gift
Total gift-coded shares
60,484 shares
Aggregate giftShares reported in transaction summary for code G transactions
Reported gift price
$0.0000 per share
Per-share amount for the bona fide gift-coded Common Stock transactions
Key Terms
Bona fide gift, Indirect ownership, Transaction code G
3 terms
Bona fide gift financial
"The transaction code G is described as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Indirect ownership financial
"One transaction lists ownership type as indirect with nature "By Spouse"."
Transaction code G financial
"Transaction code G is used, with a description of bona fide gift."
FAQ
What insider transaction did ZION Chairman & CEO Harris H. Simmons report?
Harris H. Simmons reported a bona fide gift of Common Stock, moving 30,242 shares from direct ownership to shares held indirectly by his spouse, with no sale proceeds reported.
What are Harris H. Simmons’ ZION direct holdings after the reported gift?
After the reported gift transaction, Harris H. Simmons reports 973,140 shares of Zions Bancorporation Common Stock held in direct ownership, according to the Form 4 data.
What are the indirect ZION holdings by Harris H. Simmons’ spouse after the gift?
Following the gift transaction, the Form 4 shows 353,353 shares of Zions Bancorporation Common Stock held indirectly "By Spouse", reflecting the updated spousal ownership position.
Was the ZION insider transaction by Harris H. Simmons a sale or a gift?
The transaction is coded as G, described as a bona fide gift, not a market sale. The reported per-share price is $0.0000, consistent with an internal family transfer without proceeds.
AI-generated analysis. How Rhea-AI works. Not financial advice.
