Zions Bancorporation (ZION) CEO exercises options and disposes common stock
Rhea-AI Filing Summary
Harris H. Simmons, Chairman & CEO of Zions Bancorporation, reported multiple transactions in the company’s common stock linked to stock option activity on February 4, 2026. He exercised stock options with exercise prices of $51.17 per share, resulting in common stock acquisitions of 1,954 and 28,550 shares.
On the same date, he disposed of 1,565 and 24,535 common shares at prices of $63.93 and $63.95 per share, respectively. After these transactions, he directly owned 1,281,433 shares of common stock. One entry reflects a correction to holdings after year-end reconciliation, and another notes that the related option grant vests in graded tranches.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,404 shares
Net Buy
6 txns
Insider
SIMMONS HARRIS H
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 1,954 | $51.17 | $100K |
| Exercise | Stock Option (right to buy) | 28,550 | $51.17 | $1.46M |
| Exercise | Common Stock | 1,954 | $51.17 | $100K |
| Exercise Price or Tax Liability | Common Stock | 1,565 | $63.93 | $100K |
| Exercise | Common Stock | 28,550 | $51.17 | $1.46M |
| Exercise Price or Tax Liability | Common Stock | 24,535 | $63.95 | $1.57M |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 1,281,433 shares (Direct)
Footnotes (2)
- F1. Correction to holdings due to year end reconciliation.
- F2. Grant has a graded vesting schedule. Date exercisable will vary for each vesting tranche.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Zions (ZION) CEO Harris H. Simmons report?
Harris H. Simmons reported exercising stock options and related movements in Zions common stock on February 4, 2026. He acquired shares by exercising options at $51.17 and disposed of shares at prices around $63.94, reflecting routine option-related activity and holdings adjustments.
What stock option activity did Harris H. Simmons report for Zions (ZION)?
He reported activity in stock options with a $51.17 exercise price, labeled as Stock Option (right to buy). On February 4, 2026, these options were exercised, converting into equivalent amounts of Zions common stock, with remaining derivative holdings shown as either 28,550 options or zero after use.
What do the corrections and vesting notes mean in this Zions (ZION) insider filing?
One footnote states that a correction to holdings followed a year-end reconciliation, updating previously reported share balances. Another explains that the option grant has a graded vesting schedule, meaning different portions vest on different dates, so the exercisable date varies by vesting tranche.
Is the Zions (ZION) CEO’s reported insider activity direct or through another entity?
All reported positions are listed as directly owned by Harris H. Simmons. The filing’s ownership column shows “D” for direct ownership, and no footnotes indicate that the shares or options are held by separate entities such as trusts, partnerships, or family investment vehicles.