Zions (ZION) executive reports 84-share tax-withholding disposition on Form 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 84 shares
Net Sell
1 txn
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)
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.