Zions Bancorporation (ZION) EVP returns shares and expiring options to issuer
Rhea-AI Filing Summary
Zions Bancorporation Executive Vice President Jennifer Anne Smith disposed of company stock and options back to the issuer. On April 2, 2026, she returned 3,711 stock options with an exercise price of $73.22 per share as they reached their expiration date, leaving no remaining options from this grant. The same day she also disposed of 15,671 shares of common stock to the issuer, and her direct common stock holdings after these transactions were 7,077.407 shares. A footnote notes the option grant had a graded vesting schedule, indicating it vested in tranches over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,671 shares
Net Sell
2 txns
Insider
Smith Jennifer Anne
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (right to buy) | 3,711 | $0.00 | $0.00 |
| Disposition | Common Stock | 15,671 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 7,077.407 shares (Direct)
Footnotes (1)
- F1. Grant has a graded vesting schedule. Date exercisable will vary for each vesting tranche.
Key Figures
Options disposed: 3,711 options
Option exercise price: $73.22 per share
Common shares disposed: 15,671 shares
+1 more
4 metrics
Options disposed
3,711 options
Stock Option (right to buy) disposed to issuer on April 2, 2026
Option exercise price
$73.22 per share
Conversion/exercise price of disposed stock options
Common shares disposed
15,671 shares
Common Stock disposition to issuer on April 2, 2026
Shares held after transactions
7,077.407 shares
Direct common stock holdings following issuer dispositions
Key Terms
Stock Option (right to buy), Disposition to issuer, graded vesting schedule, Executive Vice President
4 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
Disposition to issuer financial
"transaction_code_description: "Disposition to issuer""
graded vesting schedule financial
"Grant has a graded vesting schedule."
Executive Vice President financial
"officer_title: "Executive Vice President""
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Zions Bancorporation (ZION) report for Jennifer Anne Smith?
Zions Bancorporation reported that Executive Vice President Jennifer Anne Smith disposed of stock options and common shares back to the issuer. The filing shows option and share dispositions on April 2, 2026, reducing both her derivative awards and her directly held common stock.
How many Zions Bancorporation (ZION) stock options did Jennifer Anne Smith dispose of?
She disposed of 3,711 stock options, each with a right to buy Zions Bancorporation common stock at $73.22 per share. These options reached their expiration date on April 2, 2026, and the transaction was recorded as a disposition to the issuer, not an open-market trade.
What does the Form 4 transaction code D mean for Zions Bancorporation (ZION)?
In this Form 4, transaction code D is described as a “Disposition to issuer,” meaning securities were returned to Zions Bancorporation rather than traded in the open market. This applies to both the canceled stock options and the common shares involved in the April 2, 2026 transactions.
Did Jennifer Anne Smith retain any Zions Bancorporation (ZION) stock after these transactions?
Yes. After disposing of 15,671 common shares to Zions Bancorporation, Jennifer Anne Smith directly held 7,077.407 common shares. The derivative section shows no remaining options from this particular grant, as 3,711 options at a $73.22 exercise price were fully disposed.
What is noted about the vesting of Jennifer Anne Smith’s Zions Bancorporation (ZION) stock options?
A footnote explains the option grant had a graded vesting schedule, meaning the options vested in multiple tranches over time. The Form 4 records that by the April 2, 2026 expiration date, the remaining 3,711 options were disposed of to the issuer with no exercise price paid.