Kyriakakis Christopher 4

What Happened

• Christopher Kyriakakis, Executive Vice President and Chief Risk Officer of Zions Bancorporation (ZION), had 1,046 shares withheld to satisfy a tax obligation related to an equity award or option exercise. The shares were valued at $64.08 each, for a total of approximately $67,028.
• This was a withholding/tax-payment disposition (code F), not an open-market sale — a routine, tax-driven transaction rather than a directional purchase or sale.

Key Details

• Transaction date: 2026-02-10; Price per share: $64.08; Total value: ~$67,028.
• Shares disposed (withheld): 1,046.
• Shares owned after the transaction: not specified in the provided filing data.
• Footnote/transaction code: F = payment of exercise price or tax liability (shares withheld to cover taxes).
• Filing: Report filed on 2026-02-12 (two days after the transaction), which appears to meet typical Form 4 timeliness requirements.

Context

• When insiders have shares withheld to cover taxes, the company retains those shares rather than the insider selling on the open market; this is a common administrative step after option exercises or RSU vesting and doesn't necessarily signal confidence or concern about the stock.
• For retail investors, purchases by insiders generally provide clearer bullish signals than routine tax withholdings like this one.