STEPHENS STEVEN DAN 4

What Happened

• Steven Dan Stephens, Executive Vice President and Division CEO at Zions Bancorporation (ZION), disposed of shares to satisfy tax withholding obligations tied to prior equity awards or option exercises.
• He surrendered 315 shares on 2026-02-10 at $64.08 each for $20,185, and 259 shares on 2026-02-11 at $62.91 each for $16,294 — a total of 574 shares and roughly $36,479.

Key Details

• Transaction dates and prices: 2026-02-10 — 315 shares @ $64.08; 2026-02-11 — 259 shares @ $62.91.
• Transaction code: F (payment of exercise price or tax liability — typically shares withheld/surrendered to cover taxes).
• Shares owned after the transactions: not specified in the details provided.
• Filing: Form 4 filed 2026-02-12 for 2026-02-10/02-11 transactions; this appears to be a timely filing (no late filing indicated).
• No 10b5-1 plan or other special instructions were noted in the provided summary.

Context

• These disposals are tax-withholding actions (common after option exercises or award vesting) and are generally routine administrative transactions, not necessarily a market sentiment signal.
• If related to an option exercise, this is effectively a cashless/withholding sale where shares are surrendered to cover taxes rather than an open-market sell for liquidity.