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  4. [Form 4] ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ Insider Trading Activity

Zions Bancorporation (ZION) EVP sells 894 shares after option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Zions Bancorporation Executive Vice President Derek Steward reported an option exercise and same-day share sale. On 2026-07-28 he exercised 894 stock options for Common Stock at $45.65 per share, fully exhausting that option grant, then sold 894 Common shares at $69.65 per share. The option, which had a graded vesting schedule, was originally set to expire on 2027-02-09.

Positive

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Negative

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Insider Steward Derek
Role Executive Vice President
Sold 894 shs ($62K)
Approx. gross sale proceeds $62K
Approx. exercise cost $41K
Approx. pre-tax spread $21K
Type Security Shares Price Value
Exercise Stock Option (right to buy) F1 894 $45.65 $41K
Exercise Common Stock 894 $45.65 $41K
Sale Common Stock 894 $69.65 $62K
Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct); Common Stock — 17,449 shares (Direct)
Footnotes (1)
  1. F1. Grant has a graded vesting schedule. Date exercisable will vary for each vesting tranche.
Options Exercised 894 shares Stock Option (right to buy) for Common Stock exercised on 2026-07-28
Option Exercise Price $45.65 per share Conversion or exercise price for 894 stock options
Shares Sold 894 shares Common Stock sale on 2026-07-28 following option exercise
Sale Price $69.65 per share Per-share price for 894 Common shares sold
Option Expiration Date 2027-02-09 Original expiration date of exercised stock option grant
Remaining Options in This Grant 0 shares Total shares following transaction for the reported option grant
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
graded vesting schedule financial
"Grant has a graded vesting schedule. Date exercisable will vary"

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FAQ

What insider transaction did ZION executive Derek Steward report?
Derek Steward reported an option exercise and same-day sale. He exercised 894 stock options at $45.65 per share and sold 894 Common shares at $69.65 per share on 2026-07-28, fully using that option award.

How many ZION shares did Derek Steward sell in this Form 4 filing?
Derek Steward sold 894 shares of Zions Bancorporation Common Stock. These shares were acquired the same day through exercising 894 stock options, then sold at $69.65 per share in a reported open-market or private transaction.

At what prices did Derek Steward exercise and sell ZION shares?
He exercised options at $45.65 per share and sold the resulting Common shares at $69.65 per share. Both transactions involved 894 shares and occurred on 2026-07-28, reflecting a typical exercise-and-sell sequence for vested stock options.

What type of security did Derek Steward exercise in the ZION Form 4?
He exercised a Stock Option (right to buy) covering 894 underlying shares of Common Stock. The option had a graded vesting schedule and an exercise price of $45.65 per share, with an original expiration date of 2027-02-09.

Does Derek Steward retain any of the exercised ZION stock options from this grant?
For this reported option grant, the post-transaction balance is 0 options. The Form 4 shows 0.0000 shares following the exercise, meaning this particular stock option award has been fully exercised as of 2026-07-28.

Was the ZION insider transaction by Derek Steward under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction. There is no footnote indicating a pre-arranged trading plan, so the timing is reported without an associated 10b5-1 trading arrangement in this Form 4.
SEC Form 4
FORM 4UNITED 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*
Steward Derek
(Last)(First)(Middle)
ONE SOUTH MAIN, 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/28/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/28/2026M894A$45.6518,343D
Common Stock07/28/2026S894D$69.6517,449D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$45.6507/28/2026M894 (1)02/09/2027Common Stock894$45.650D
Explanation of Responses:
1. Grant has a graded vesting schedule. Date exercisable will vary for each vesting tranche.
Remarks:
By Rena Miller as attorney in fact07/29/2026
** Signature of Reporting PersonDate
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