MCLEAN SCOTT J 4

What Happened Scott J. McLean, President and Chief Operating Officer of Zions Bancorporation (ZION), surrendered a total of 1,813 shares to satisfy tax withholding requirements tied to option exercises. On 2026-02-10 he surrendered 780 shares at $64.08 per share for $49,982, and on 2026-02-11 he surrendered 1,033 shares at $62.91 per share for $64,986 — a combined value of $114,968. The filings list these transactions with code F (payment of exercise price or tax liability), indicating shares were withheld/surrendered rather than sold on the open market.

Key Details

• Transaction dates and prices: 2026-02-10 — 780 shares @ $64.08 ($49,982); 2026-02-11 — 1,033 shares @ $62.91 ($64,986).
• Total surrendered: 1,813 shares valued at $114,968.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote/transaction code: F = payment of exercise price or tax liability (tax withholding via share surrender).
• Filing: Form 4 filed 2026-02-12 — appears to be within the typical 2-business-day reporting window.

Context These disposals reflect routine tax withholding following option exercises (a common "cashless" settlement method) and are not the same as an open-market sale indicating a vote on the stock. Such transactions are administrative and do not, by themselves, signal the insider's view of the company.