Zions (ZION) director Aaron Skonnard granted 540 phantom deferred comp units

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Form Type

Rhea-AI Filing Summary

Zions Bancorporation director Aaron Skonnard received a grant of deferred compensation on phantom stock units tied to the company’s common stock. The award covers 540.121 units, each with a reference value of $55.54, and is classified as a grant or award acquisition.

Following this transaction, Skonnard holds a total of 37,394.911 deferred compensation units. According to the terms, these phantom stock units are settled in cash based on the value of Zions’ common stock and are payable upon the earlier of the director’s death or retirement.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Skonnard Aaron

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Comp	540.121	$55.54	$30K

Holdings After Transaction: Deferred Comp — 37,394.911 shares (Direct)

Footnotes (1)

F1. The phantom stock units are settled in cash upon the earlier of death or retirement

Key Figures

Deferred comp units granted: 540.121 units Reference price per unit: $55.54 per unit Total deferred comp units after grant: 37,394.911 units +2 more

5 metrics

Deferred comp units granted 540.121 units Grant of phantom stock units on 2026-03-30

Reference price per unit $55.54 per unit Pricing basis for new deferred comp grant

Total deferred comp units after grant 37,394.911 units Holdings following 2026-03-30 transaction

Underlying security shares 540.121 shares Common stock equivalent underlying phantom units

Conversion or exercise price $0.00 Phantom stock units, cash-settled with no exercise price

Key Terms

Deferred Comp, phantom stock units, grant, award, or other acquisition, settled in cash

4 terms

Deferred Comp financial

"security_title: Deferred Comp"

phantom stock units financial

"The phantom stock units are settled in cash upon the earlier"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

settled in cash financial

"The phantom stock units are settled in cash upon the earlier"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 04/01/2026 - 07:44 PM

FAQ

What did Zions Bancorporation (ZION) director Aaron Skonnard report in this Form 4?

Director Aaron Skonnard reported receiving a grant of 540.121 deferred compensation phantom stock units. These units track Zions Bancorporation common stock value and are settled in cash, increasing his total deferred compensation holdings to 37,394.911 units after the transaction.

How many deferred compensation phantom stock units did Skonnard receive from Zions (ZION)?

He received 540.121 deferred compensation phantom stock units in this transaction. Each unit is tied to the value of Zions Bancorporation common stock at a reference price of $55.54 per unit, and the award is recorded as a grant or award acquisition.

What is the value reference for Aaron Skonnard’s new phantom stock units at Zions (ZION)?

The newly granted 540.121 phantom stock units carry a reference value of $55.54 per unit. This figure reflects the pricing basis used for the deferred compensation award and determines the cash value when the units are ultimately settled.

How many total deferred compensation units does Skonnard hold at Zions (ZION) after this grant?

After this grant, Aaron Skonnard holds 37,394.911 deferred compensation phantom stock units. This total includes the newly awarded 540.121 units and represents his accumulated deferred compensation balance linked to Zions Bancorporation’s common stock performance over time.

How and when are Zions (ZION) phantom stock units for Aaron Skonnard settled?

The phantom stock units are settled in cash rather than shares. According to the terms, settlement occurs upon the earlier of Aaron Skonnard’s death or retirement, using the value of Zions Bancorporation common stock at that time to determine the payout.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Skonnard Aaron

(Last)

(First)

(Middle)

ONE SOUTH MAIN STREET, 11TH FLOOR

(Street)

SALT LAKE CITY

UTAH

84133-1109

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Comp	$0	03/30/2026		A		540.121		⁽¹⁾	⁽¹⁾	Common Stock	540.121	$55.54	37,394.911	D

Explanation of Responses:

1. The phantom stock units are settled in cash upon the earlier of death or retirement

Remarks:

	By Rena Miller as attorney in fact	04/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR