Smith Jennifer Anne 4
Research Summary
AI-generated summary
ZION EVP Jennifer Smith Receives 5,805-Share Award
What Happened
- Jennifer Anne Smith, Executive Vice President of Zions Bancorporation (ZION), was awarded 5,805 shares on Feb 12, 2026 (grant = A) valued at $60.19 each for a total of $349,403. To satisfy tax withholding obligations, 577 shares were withheld on Feb 12 at $60.19 ($34,730) and 384 shares were withheld on Feb 13 at $61.26 ($23,524), for a combined withholding of 961 shares ($58,254). These withholding dispositions are reported under code F (payment of tax liability).
Key Details
- Transaction dates and prices:
- 2026-02-12: Award of 5,805 shares @ $60.19 = $349,403 (code A).
- 2026-02-12: 577 shares withheld @ $60.19 = $34,730 (code F).
- 2026-02-13: 384 shares withheld @ $61.26 = $23,524 (code F).
- Total shares withheld for taxes: 961 shares (combined value ≈ $58,254).
- Filing: Form 4 filed 2026-02-17 reporting period 2026-02-12; filing appears timely given the federal holiday calendar.
- Shares owned after the transaction are not specified in the provided filing summary.
Context
- This was an equity award (grant) reported as an acquisition (A), not an open-market purchase. The subsequent F-coded entries indicate shares were surrendered/withheld to cover tax liabilities—a common payroll/compensation treatment—rather than a market sale. Such awards typically reflect compensation, not a direct buy or sell signal about the executive's market view.