Law Scott A. 4

What Happened Scott A. Law, Executive Vice President of ZIONS BANCORPORATION (ZION), disposed of 428 shares to cover tax liability related to an equity event. On 2026-02-10 he surrendered 272 shares at $64.08 (≈ $17,430) and on 2026-02-11 he surrendered 156 shares at $62.91 (≈ $9,814), for a combined value of about $27,244. The transactions are reported under code F (payment of exercise price or tax liability), meaning shares were withheld/surrendered to satisfy taxes rather than a market sale for investment purposes.

Key Details

• Transaction dates/prices: 2026-02-10 — 272 shares @ $64.08 (≈ $17,430); 2026-02-11 — 156 shares @ $62.91 (≈ $9,814).
• Total surrendered: 428 shares for ≈ $27,244.
• Filing: Form 4 filed 2026-02-12 (period of report listed as 2026-02-10). No late-filing flag noted in the information provided.
• Shares owned after transaction: Not disclosed in the provided summary of the filing.
• Footnote/transaction code: F — shares were surrendered to cover tax withholding (typically following option exercise or stock award vesting). No 10b5-1 plan or additional notes were provided.

Context Share withholding for taxes is a routine administrative action and does not necessarily signal a discretionary sale or change in insider sentiment. Code F disposals often accompany option exercises or award settlements where the company withholds shares instead of requiring a cash tax payment or selling shares on the open market.