Arbuckle Jason D. 4

What Happened
Jason D. Arbuckle, Senior Vice President and Controller of Zions Bancorporation (ZION), had a total of 227 shares withheld to satisfy tax obligations related to prior option activity. The filing shows 199 shares withheld on Feb 10, 2026 at $64.08 per share ($12,752) and 28 shares withheld on Feb 11, 2026 at $62.91 per share ($1,761), for a combined value of about $14,513. These were disposals for tax withholding (transaction code F), not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-02-10: 199 shares @ $64.08 — $12,752 (withheld)
  • 2026-02-11: 28 shares @ $62.91 — $1,761 (withheld)
• Total shares withheld: 227; total value ≈ $14,513.
• Transaction code F = payment of exercise price or tax liability (shares withheld to cover taxes).
• Filing: Form 4 filed 2026-02-12 reporting transactions from Feb 10–11, 2026 — appears to have been filed within the SEC’s two-business-day reporting window.
• Shares owned after the transaction: Not specified in the excerpt provided.

Context
Code F with “disposed” typically means the company withheld shares to cover taxes triggered by an option exercise or similar equity award; it is an administrative tax-withholding action rather than a market sale that signals a change in conviction. Such withholdings are routine and do not necessarily indicate the insider is reducing their overall stake.