Zions CEO granted 1,278 deferred stock-equivalent units
Zions Bancorporation Chairman and CEO Harris H. Simmons reported a compensation-related grant of deferred compensation units.
Rhea-AI Filing Summary
Zions Bancorporation Chairman and CEO Harris H. Simmons reported a compensation-related grant of deferred compensation units. He acquired 1,278.3688 units of deferred comp, each economically equivalent to one share of common stock, bringing his total deferred comp balance to 26,622.097 units.
These units are scheduled to be paid out in cash or stock at a future date or age elected at the time of deferral, or upon termination of employment. This is a routine award rather than an open-market stock purchase or sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Comp | 1,278.3688 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each unit is the economic equivalent of one share of common stock.
- F2. Shares are paid out in cash or stock upon date or age elected at time of deferral, or upon termination of employment.
FAQ
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What insider transaction did ZIONS (ZION) report for Harris H. Simmons?
Is the Harris H. Simmons Form 4 transaction in ZIONS (ZION) a stock sale or purchase?
How many ZIONS (ZION) deferred comp units does Harris H. Simmons hold after this filing?
What are the payout terms for the ZIONS (ZION) deferred compensation units granted to Harris H. Simmons?
Does the Harris H. Simmons Form 4 indicate a new derivative position in ZIONS (ZION)?
AI-generated analysis. How Rhea-AI works. Not financial advice.