Zions controller exercises options for 2,004 shares

ZIONS BANCORPORATION Controller Robert Ryan Richards exercised stock options to acquire 2,004 shares of Common Stock at $52.90 per share.

Rhea-AI Filing Summary

ZIONS BANCORPORATION Controller Robert Ryan Richards exercised stock options to acquire 2,004 shares of Common Stock at $52.90 per share. The transaction reflects a derivative exercise, not an open-market purchase or sale. Following the exercise, he directly holds 36,899 Common Stock shares. The exercised award was a stock option with a graded vesting schedule, where the date each portion became exercisable varied by vesting tranche, and this particular option position is now fully exercised with no remaining derivative balance reported.

Insider Trade Summary

2,004 shares exercised/converted

Exercise 2 txns

Insider Richards Robert Ryan

Role Controller

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	2,004	$52.90	$106K
Exercise	Common Stock	2,004	$52.90	$106K

Holdings After Transaction: Stock Option (right to buy) — 0 contracts (Direct); Common Stock — 36,899 shares (Direct)

Footnotes (1)

1. F1. Grant has a graded vesting schedule. Date exercisable will vary for each vesting tranche.

Key Figures

Options Exercised: 2,004 shares Exercise Price: $52.90/share Shares Held After: 36,899 shares +1 more

4 metrics

Options Exercised 2,004 shares Stock option exercise of Common Stock

Exercise Price $52.90/share Stock Option (right to buy) conversion price

Shares Held After 36,899 shares Direct Common Stock ownership after transaction

Option Expiration February 12, 2030 Stock option expiration date

Key Terms

Stock Option (right to buy), Common Stock, graded vesting schedule, Exercise or conversion of derivative security

4 terms

Stock Option (right to buy) financial

"security_title": "Stock Option (right to buy)""

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

graded vesting schedule financial

"Grant has a graded vesting schedule. Date exercisable will vary"

Exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ZION Controller Robert Ryan Richards report in this Form 4 filing?

Robert Ryan Richards reported exercising stock options to acquire 2,004 ZION Common Stock shares at $52.90 each. This was a derivative exercise, meaning he converted previously granted options into shares rather than buying or selling stock on the open market.

How many ZION shares does Robert Ryan Richards hold after this option exercise?

After the option exercise, Robert Ryan Richards directly holds 36,899 ZION Common Stock shares. This figure represents his direct ownership position reported following the transaction and helps show the scale of this exercise relative to his overall holdings.

Was the ZION Form 4 transaction an open-market buy or sell of shares?

The ZION Form 4 does not show an open-market buy or sell. Instead, it shows a code M transaction, where stock options were exercised to acquire 2,004 Common Stock shares at $52.90, converting a derivative position into actual shares without a reported market trade.

What are the key terms of the stock option exercised by the ZION Controller?

The stock option covered 2,004 underlying ZION Common Stock shares with a $52.90 exercise price and an expiration date of February 12, 2030. It had a graded vesting schedule, meaning different portions became exercisable at different times before this reported exercise.

Does the Form 4 indicate any remaining ZION stock options after this exercise?

The Form 4 shows zero derivative shares remaining for the specific stock option that was exercised. The derivative transaction record lists 2,004 option shares exercised and a total derivative balance following the transaction of 0.0000, indicating this grant has been fully used.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/07/2026 - 04:35 PM Learn about SEC filing dates

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^*

Richards Robert Ryan

(Last) (First) (Middle)

1 S MAIN STREET, 11TH FL

(Street)

SALT LAKE CITY UTAH 84133

(City) (State) (Zip)

UNITED STATES

(Country)

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)		Other (specify below)
	Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/06/2026		M		2,004	A	$52.9	36,899	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
Stock Option (right to buy)	$52.9	05/06/2026		M			2,004	(1)	02/12/2030	Common Stock	2,004	$52.9	0	D

Explanation of Responses:

1. Grant has a graded vesting schedule. Date exercisable will vary for each vesting tranche.

Remarks:

	By Rena Miller as attorney in fact	05/07/2026
	** 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.
* Form 4: SEC 1474 (03-26)