Zions Bancorporation (ZION) director adds 2,055 deferred comp units in Form 4
Rhea-AI Filing Summary
Gupta Suren reported acquisition or exercise transactions in this Form 4 filing.
Zions Bancorporation director Suren Gupta received a routine deferred compensation award linked to the company’s stock. On the transaction date, he was granted 2,055 deferred compensation units tied to Zions common stock at a reference price of $63.26 per unit, increasing his deferred balance to 36,411.72 units. Each unit is economically equivalent to one share of common stock but is settled in cash upon retirement or death, rather than delivering actual shares, so this filing reflects compensation accrual rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gupta Suren
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Comp | 2,055 | $63.26 | $130K |
Holdings After Transaction:
Deferred Comp — 36,411.72 shares (Direct)
Footnotes (2)
- F1. Each unit is the economic equivalent of one share of common stock.
- F2. The phantom stock units are settled in cash upon the earlier of death or retirement
Key Figures
Deferred comp units granted: 2,055 units
Reference price per unit: $63.26 per unit
Deferred units after grant: 36,411.72 units
+1 more
4 metrics
Deferred comp units granted
2,055 units
Grant of deferred compensation units on the transaction date
Reference price per unit
$63.26 per unit
Transaction price tied to each deferred compensation unit
Deferred units after grant
36,411.72 units
Total deferred compensation units following the transaction
Underlying security shares
2,055 shares equivalent
Each unit economically equivalent to one ZION common share
Key Terms
Deferred Comp, phantom stock units, Common Stock, Grant, award, or other acquisition
4 terms
Deferred Comp financial
"security_title: "Deferred Comp""
phantom stock units financial
"The phantom stock units are settled in cash upon the earlier of death or retirement"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Common Stock financial
"underlying_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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ZION director Suren Gupta report on this Form 4?
Director Suren Gupta reported a grant of 2,055 deferred compensation units linked to Zions Bancorporation common stock. These units represent additional non-cash compensation and increase his total deferred units balance, rather than reflecting an open-market stock purchase or sale of ZION shares.
How many deferred compensation units does Suren Gupta hold after this ZION award?
After the reported grant, Suren Gupta holds 36,411.72 deferred compensation units tied to ZION common stock. This total reflects his accumulated non-cash deferred compensation balance rather than direct share ownership in the company’s stock at this time.
Are Suren Gupta’s ZION deferred compensation units the same as owning common stock?
The units are economically equivalent to one share of ZION common stock each, but they are phantom stock units. They track the stock’s value but are settled in cash, not actual shares, so they do not provide current voting or direct ownership rights.
When will the ZION phantom stock units reported by Suren Gupta be paid out?
The phantom stock units will be settled in cash upon the earlier of Suren Gupta’s death or retirement. Until that time, the units remain part of his deferred compensation balance and continue to mirror the economic value of ZION common stock.
Does this ZION Form 4 show Suren Gupta buying or selling stock in the market?
No. The Form 4 shows a grant of deferred compensation units, classified as a derivative award. It does not represent an open-market purchase or sale of ZION shares, but rather additional non-cash compensation tied to the stock’s value.