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Zions (ZION) executive reports 84-share tax-withholding disposition on Form 4

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Zions Bancorporation Executive Vice President Steven Dan Stephens reported a small tax-related share disposition. On this Form 4, 84 shares of common stock were withheld at $61.65 per share to cover tax obligations, rather than sold on the open market. After this transaction, he directly owns 48,200 common shares.

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Insider STEPHENS STEVEN DAN
Role Executive Vice President
Type Security Shares Price Value
Exercise Price or Tax Liability Common Stock 84 $61.65 $5K
Holdings After Transaction: Common Stock — 48,200 shares (Direct)

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FAQ

What insider transaction did ZION executive Steven Dan Stephens report?

Steven Dan Stephens reported a tax-related disposition of 84 Zions Bancorporation common shares. The shares were withheld at $61.65 per share to satisfy tax obligations, rather than sold in the open market, reflecting routine administration of equity compensation.

Was the ZION Form 4 transaction an open-market sale?

No, the Form 4 reports a tax-withholding disposition, not an open-market sale. 84 common shares were withheld at $61.65 per share to cover tax liability tied to equity awards, a common administrative transaction for executives receiving stock-based compensation.

How many ZION shares did Steven Dan Stephens dispose of for taxes?

He disposed of 84 Zions Bancorporation common shares through tax withholding. The shares were valued at $61.65 each, and this transaction is classified as “Payment of exercise price or tax liability by delivering securities” under transaction code F on the Form 4.

How many ZION shares does Steven Dan Stephens own after this Form 4?

After the reported tax-withholding disposition, Steven Dan Stephens directly owns 48,200 Zions Bancorporation common shares. This figure reflects his holdings following the 84-share withholding and indicates his remaining direct equity stake as an Executive Vice President and Division CEO.

What does transaction code F mean on the ZION Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability using securities. In this case, 84 Zions Bancorporation common shares were withheld at $61.65 per share to cover Stephens’ tax obligations associated with his stock-based compensation awards.

Is the ZION insider transaction classified as a buy or a sell?

The transaction is classified as a disposition for tax withholding, not a traditional buy or sell. The Form 4 labels it as a “tax-withholding disposition,” where 84 shares were withheld at $61.65 each to satisfy Stephens’ tax liabilities on equity compensation.
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*
STEPHENS STEVEN DAN

(Last) (First) (Middle)
ONE SOUTH MAIN, 11TH FLOOR

(Street)
SALT LAKE CITY UT 84133

(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)
Executive Vice President Division CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
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 02/26/2026 F 84 D $61.65 48,200 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 02/27/2026
** 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.