Zions Bancorporation (ZION) President & COO reports bona fide gift of 6,650 shares
Rhea-AI Filing Summary
MCLEAN SCOTT J reported reported sale transactions in this Form 4 filing.
Zions Bancorporation President & COO Scott J. McLean reported a bona fide gift of 6,650 shares of Common Stock on 2026-07-28. The gift was recorded at a per-share price of $0.00 and left him holding 88,988 shares directly. The filing indicates the transaction was not effected under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,650 shares
Net Sell
1 txn
Insider
MCLEAN SCOTT J
Role
President
Sold
6,650 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 6,650 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 88,988 shares (Direct)
Footnotes (1)
- F1. Bona fide gift
Key Figures
Shares gifted: 6,650 shares
Price per share: $0.00
Shares held after transaction: 88,988 shares
3 metrics
Shares gifted
6,650 shares
Bona fide gift of common stock on 2026-07-28
Price per share
$0.00
Recorded per-share value for the gifted shares
Shares held after transaction
88,988 shares
Direct ownership position following the gift
Key Terms
Bona fide gift, Common Stock, Rule 10b5-1 trading plan
3 terms
Bona fide gift regulatory
"Footnote F1 describes the transaction as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Common Stock financial
"The reported security title for the transaction is 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.
Rule 10b5-1 trading plan regulatory
"The filing’s 10b5-1 checkbox indicates no Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ZION executive Scott J. McLean report?
Scott J. McLean reported a bona fide gift of 6,650 ZION common shares on 2026-07-28. The transaction was recorded at $0.00 per share and classified as a gift disposition rather than a sale.
What role does Scott J. McLean hold at Zions Bancorporation (ZION)?
Scott J. McLean is identified as President & Chief Operating Officer of Zions Bancorporation. His officer status and titles are disclosed in the insider report along with the details of his gifted common stock transaction.
What type of ZION security was involved in Scott J. McLean’s transaction?
The transaction involved Common Stock of Zions Bancorporation. A total of 6,650 common shares were reported as a bona fide gift, leaving McLean with 88,988 common shares held directly afterward.