Zions (NASDAQ: ZION) president & COO reports tax-withheld share transfers

Rhea-AI Filing Summary

Zions Bancorporation, National Association reported an insider equity transaction by its President & COO, Scott J. McLean. On February 10, 2026, he disposed of 780 shares of common stock at $64.08 per share, and on February 11, 2026 he disposed of 1,033 shares at $62.91 per share. Both transactions are coded “F,” meaning shares were withheld to cover tax obligations or exercise costs rather than sold in the open market. After these tax-withholding dispositions, he directly owned 82,627 shares of Zions common stock.

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^*

MCLEAN SCOTT J

(Last) (First) (Middle)

ONE SOUTH MAIN STREET, 11TH FLOOR

SALT LAKE CITY

(Street)

UT 84133-1109

(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)
	President		& COO

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		780	D	$64.08	83,660	D
Common Stock	02/11/2026		F		1,033	D	$62.91	82,627	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 President & COO Scott McLean report?

Scott McLean reported two tax-related share dispositions. On February 10, 2026, 780 Zions common shares were disposed at $64.08. On February 11, 2026, 1,033 shares were disposed at $62.91, both coded as tax-withholding transactions.

Were Scott McLean’s ZION transactions open-market sales?

No, the transactions were not open-market sales. Both are coded “F,” indicating shares were withheld to pay taxes or exercise costs, a common administrative step when equity awards settle, rather than discretionary buying or selling in the market.

How many ZION shares did Scott McLean dispose of for taxes?

Scott McLean disposed of a total of 1,813 shares. He delivered 780 Zions common shares on February 10, 2026 and 1,033 shares on February 11, 2026 to satisfy tax or exercise obligations tied to his equity compensation.

How many ZION shares does Scott McLean hold after these transactions?

After the reported transactions, McLean held 82,627 ZION shares. The Form 4 shows this as his directly owned balance of Zions Bancorporation common stock following the two tax-withholding dispositions on February 10 and 11, 2026.

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

Code “F” indicates tax-withholding or exercise-cost payment using shares. Instead of paying cash, the insider delivers company shares to cover taxes or option costs, which changes reported ownership but is generally considered an administrative transaction.

What is Scott McLean’s role at Zions Bancorporation (ZION)?

Scott J. McLean serves as President and COO. The Form 4 identifies him as an officer of Zions Bancorporation, National Association, holding the title of President and Chief Operating Officer, and reporting changes in his directly owned common stock holdings.