Zions Bancorporation (ZION) CEO discloses stock gifts to spouse
Rhea-AI Filing Summary
Zions Bancorporation chairman and CEO Harris H. Simmons reported bona fide gift transfers of Common Stock. On 2026-08-03 and 2026-07-31, paired entries move 172,391 and 141,720 shares, respectively, from his direct holdings to indirect ownership "By Spouse" at a reported price of $0.00 per share. These are non-market gift transactions, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
628,222 shares gifted
Gift
4 txns
Insider
SIMMONS HARRIS H
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 172,391 | $0.00 | $0.00 |
| Gift | Common Stock F1 | 172,391 | $0.00 | $0.00 |
| Gift | Common Stock F1 | 141,720 | $0.00 | $0.00 |
| Gift | Common Stock F1 | 141,720 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,003,382 shares (Direct);
Common Stock — 323,111 shares (Indirect, By Spouse)
Footnotes (1)
- F1. Bona fide gift
Key Figures
Gifted Shares 2026-08-03: 172,391 shares
Gifted Shares 2026-07-31: 141,720 shares
Per-Share Gift Price: 0.0000 per share
+1 more
4 metrics
Gifted Shares 2026-08-03
172,391 shares
Bona fide gift of Common Stock on 2026-08-03
Gifted Shares 2026-07-31
141,720 shares
Bona fide gift of Common Stock on 2026-07-31
Per-Share Gift Price
0.0000 per share
Reported transaction price per share for the gifts
Total Gift Transactions
628,222 shares
Aggregate giftShares across all reported bona fide gifts
Key Terms
Bona fide gift, indirect, nature of ownership
3 terms
Bona fide gift financial
"transaction_code_description shows "Bona fide gift" for each entry"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect financial
"ownership_type "indirect" indicates shares held through another person"
nature of ownership financial
"nature_of_ownership field notes "By Spouse" as the nature of ownership"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Harris H. Simmons report for ZION?
Harris H. Simmons reported bona fide gifts of ZION Common Stock, recorded as non-derivative transactions coded "G". The entries show stock moving from his direct holdings to indirect ownership by his spouse, with a reported per-share price of $0.00.
Were the ZION transactions by Harris H. Simmons market purchases or sales?
No. The reported ZION transactions are coded as "G" bona fide gifts with a per-share price of $0.00. That coding, together with the zero price, indicates non-market gift transfers rather than open-market purchases or sales of Common Stock.
Were Harris H. Simmons’ ZION gifts made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan (aff_10b5_one is false). The filing describes the transactions solely as bona fide gifts, without indicating that they were executed under a pre-arranged 10b5-1 trading arrangement.