Zions Bancorporation (ZION) EVP disposes shares for tax withholding

Rhea-AI Filing Summary

Zions Bancorporation, National Association Executive Vice President and Division CEO Steven Dan Stephens reported automatic dispositions of common stock to cover tax obligations related to equity compensation. On February 10, 2026, 315 shares were withheld at $64.08 per share, leaving 42,918 shares beneficially owned directly. On February 11, 2026, 259 additional shares were withheld at $62.91 per share, leaving 42,659 shares directly owned after the transactions.

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^*

STEPHENS STEVEN DAN

(Last) (First) (Middle)

ONE SOUTH MAIN, 11TH FLOOR

(Street)

SALT LAKE CITY UT 84133

(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 Vice President		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		315	D	$64.08	42,918	D
Common Stock	02/11/2026		F		259	D	$62.91	42,659	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 transaction did ZION executive Steven Dan Stephens report?

Zions Bancorporation Executive Vice President Steven Dan Stephens reported two dispositions of common stock used to cover tax obligations on equity awards. These were coded as tax-withholding transactions, rather than open-market sales, and reduced his directly held shares to 42,659 after the activity.

How many ZION shares were disposed of for tax withholding by the executive?

Stephens reported a total of 574 Zions Bancorporation common shares disposed for tax withholding. This consisted of 315 shares on February 10, 2026 and 259 shares on February 11, 2026, all classified as payment of tax liability by delivering securities.

At what prices were the ZION tax-withholding share dispositions recorded?

The reported tax-withholding dispositions were recorded at two different prices per Zions Bancorporation share. On February 10, 2026, 315 shares were valued at $64.08 each, and on February 11, 2026, 259 shares were valued at $62.91 each for withholding purposes.

How many ZION shares does Steven Dan Stephens own after these transactions?

Following the reported tax-withholding share dispositions, Stephens directly beneficially owns 42,659 shares of Zions Bancorporation common stock. This figure reflects the remaining holdings after 315 shares were withheld on February 10, 2026 and 259 shares on February 11, 2026.

What does transaction code "F" mean in the ZION Form 4 filing?

Transaction code “F” in this Form 4 indicates shares used to pay an exercise price or tax liability by delivering securities. For Stephens, both Zions Bancorporation transactions were tax-withholding dispositions tied to equity compensation, not discretionary purchases or sales in the open market.