Zions Bancorporation (ZION) EVP reports tax-driven share moves

Rhea-AI Filing Summary

Zions Bancorporation Executive VP & Division CEO Eric Ellingsen reported two tax-related share dispositions of company common stock. On February 10, 2026, 699 shares were used to satisfy tax obligations at $64.08 per share, leaving 39,662 shares directly owned. On February 11, 2026, a further 363 shares were similarly disposed at $62.91 per share, leaving 39,299 shares held directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ellingsen Eric

(Last) (First) (Middle)

ONE SOUTH MAIN STREET, 11TH FLOOR

(Street)

SALT LAKE CITY UT 84133-1109

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ [ ZION ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)	X	Other (specify below)
	Executive VP &		Division CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/10/2026		F		699	D	$64.08	39,662	D
Common Stock	02/11/2026		F		363	D	$62.91	39,299	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	By Rena Miller as attorney in fact	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did ZION executive Eric Ellingsen report on this Form 4?

Eric Ellingsen reported two tax-withholding dispositions of Zions Bancorporation common stock. On February 10, 2026 he delivered 699 shares, and on February 11, 2026 he delivered 363 shares, both to cover tax obligations rather than open market sales.

Were Eric Ellingsen’s ZION share transactions open market sales?

No, the transactions were coded "F," indicating tax-withholding dispositions. This means shares were delivered to satisfy exercise price or tax liabilities, not sold in ordinary market trades, which is common when equity awards vest for senior executives.

How many ZION shares did Eric Ellingsen dispose of for taxes?

Ellingsen disposed of a total of 1,062 Zions Bancorporation common shares for tax purposes. He delivered 699 shares on February 10, 2026 and 363 shares on February 11, 2026, both at transaction prices specified in the Form 4 filing.

What are Eric Ellingsen’s ZION shareholdings after these Form 4 transactions?

After the reported tax-withholding dispositions, Ellingsen directly owns 39,299 Zions Bancorporation common shares. This figure reflects his holdings following the February 11, 2026 transaction and is reported as direct ownership in the filing.

What prices were used for Eric Ellingsen’s ZION tax-withholding dispositions?

The Form 4 shows a transaction price of $64.08 per share for the 699 shares on February 10, 2026. It reports a transaction price of $62.91 per share for the 363 shares on February 11, 2026, both linked to tax obligations.