Zions Bancorporation COO sells 83,285 shares
President and COO Scott J. McLean of Zions Bancorporation exercised employee stock options for 37,231 shares of common stock on August 4, 2026, at exercise prices of $48.6500 and $52.9000 per share, and acquired the same number of common shares.
Rhea-AI Filing Summary
President and COO Scott J. McLean of Zions Bancorporation exercised employee stock options for 37,231 shares of common stock on August 4, 2026, at exercise prices of $48.6500 and $52.9000 per share, and acquired the same number of common shares.
He reported sales totaling 83,285 common shares on August 3–4, 2026 at prices around $70.56–$70.84 per share. One August 3 sale of 18,000 shares used a weighted average price of $70.5562 across trades between $70.31 and $70.92. An indirect sale of 32,000 shares by a 401(k) Plan left 22,490.923 shares held in that plan afterward.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
12 txns
Insider
MCLEAN SCOTT J
Role
President
Sold
83,285 shs ($5.89M)
Approx. gross sale proceeds
$5.89M
Approx. exercise cost
$1.88M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F2 | 2,055 | $48.65 | $100K |
| Exercise | Stock Option (right to buy) F2 | 18,820 | $48.65 | $916K |
| Exercise | Stock Option (right to buy) F2 | 1,891 | $52.90 | $100K |
| Exercise | Stock Option (right to buy) F2 | 14,465 | $52.90 | $765K |
| Exercise | Common Stock | 2,055 | $48.65 | $100K |
| Exercise | Common Stock | 18,820 | $48.65 | $916K |
| Sale | Common Stock | 18,820 | $70.63 | $1.33M |
| Exercise | Common Stock | 1,891 | $52.90 | $100K |
| Exercise | Common Stock | 14,465 | $52.90 | $765K |
| Sale | Common Stock | 14,465 | $70.63 | $1.02M |
| Sale | Common Stock F1 | 18,000 | $70.5562 | $1.27M |
| Sale | Common Stock | 32,000 | $70.84 | $2.27M |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 22,490.923 shares (Indirect, By 401(k) Plan);
Common Stock — 74,934 shares (Direct)
Footnotes (2)
- F1. This transaction was executed in multiple trades at prices ranging from $70.31 to $70.92. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected.
- F2. Grant has a graded vesting schedule. Date exercisable will vary for each vesting tranche.
Key Figures
Common shares sold: 83,285 shares
Options exercised: 37,231 shares
Option exercise prices: $48.6500 and $52.9000 per share
+3 more
6 metrics
Common shares sold
83,285 shares
Aggregate common stock sales reported for August 3–4, 2026
Options exercised
37,231 shares
Total derivative exercises (code M) for August 4, 2026
Option exercise prices
$48.6500 and $52.9000 per share
Exercise prices for stock options converted into common stock
Weighted average sale price
$70.5562 per share
18,000-share sale on August 3, 2026; trades ranged $70.31–$70.92
Indirect 401(k) holdings
22,490.923 shares
Common shares held indirectly by 401(k) Plan after August 3, 2026 sale
Indirect 32,000-share sale price
$70.8400 per share
Price for 32,000 shares of common stock sold by 401(k) Plan on August 3, 2026
Key Terms
Stock Option (right to buy), graded vesting schedule, weighted average sales price, 401(k) Plan
4 terms
Stock Option (right to buy) financial
"Security title is listed as Stock Option (right to buy) in derivative rows"
graded vesting schedule financial
"Footnote states: Grant has a graded vesting schedule. Date exercisable will vary"
weighted average sales price financial
"Footnote describes the reported price as the weighted average sales price"
401(k) Plan financial
"Nature of ownership for one sale is reported as By 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did ZIONS (ZION) President Scott J. McLean report?
Scott J. McLean reported exercising 37,231 stock options and acquiring the same number of Zions Bancorporation common shares, then selling 83,285 shares on August 3–4, 2026 in several market transactions at prices around the low $70s per share.
What stock options did Scott J. McLean exercise in ZIONS (ZION)?
He exercised options covering 37,231 shares of common stock at exercise prices of $48.6500 and $52.9000 per share. Footnotes indicate these option grants have a graded vesting schedule, with vesting tranches becoming exercisable at different times until expiration in 2028 and 2030.
Were Scott J. McLean’s ZIONS (ZION) trades made under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5‑1 checkbox is not marked, and the footnotes do not reference any trading plan. The reported option exercises and share sales are therefore disclosed without any indication they were executed under a pre-arranged Rule 10b5‑1 plan.
What does the weighted average price footnote mean in Scott J. McLean’s ZIONS (ZION) sale?
One 18,000‑share sale on August 3, 2026 lists a price of $70.5562 per share. A footnote explains this figure is a weighted average sales price for multiple trades executed between prices of $70.31 and $70.92 during that day.
AI-generated analysis. How Rhea-AI works. Not financial advice.
