Law Scott A. 4

What Happened
Scott A. Law, Executive Vice President of ZIONS BANCORPORATION (ZION), received 3,921 shares on Feb 12, 2026 at $60.19 per share (total value $236,005). To satisfy tax obligations, 358 of those shares were withheld on Feb 12 at $60.19 ($21,548) and an additional 240 shares were withheld/disposed on Feb 13 at $61.26 ($14,702). Net new shares acquired equal 3,323. The acquisition was recorded as a grant/award (A) and the disposals as tax-related withholdings (F), which are routine rather than open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-02-12: Acquired 3,921 shares @ $60.19 = $236,005 (code A)
  • 2026-02-12: 358 shares withheld @ $60.19 = $21,548 (code F)
  • 2026-02-13: 240 shares withheld @ $61.26 = $14,702 (code F)
• Net shares retained from the award: 3,323 (3,921 − 598 withheld)
• Shares owned after transaction: not specified in the Form 4 summary provided
• Notable footnotes: Disposals are coded F (payment of exercise price or tax liability), indicating shares were withheld to cover taxes
• Filing timeliness: Form filed 2026-02-17. This is within the SEC two-business-day window given the Feb 16 federal holiday, so the filing appears timely

Context
This appears to be a stock award or option-related acquisition with shares withheld for taxes (a common, administrative step). Withholdings (code F) do not reflect an open-market sale decision by the insider; purchases or awards are generally more informative of insider sentiment than routine tax-related disposals.