STEPHENS STEVEN DAN 4

What Happened
Steven Dan Stephens, Executive Vice President and Division CEO of Zions Bancorporation (ZION), had 84 shares withheld to satisfy a tax liability related to equity compensation. The shares were valued at $61.65 each for a total of $5,179. This transaction is a tax-withholding disposition (code F), not a market sale or open-market purchase.

Key Details

• Transaction date: 2026-02-26
• Filing date (Form 4): 2026-02-27 (filed one day after the transaction)
• Price per share: $61.65
• Shares withheld/disposed: 84 — total value approx. $5,179
• Transaction code: F (payment of exercise price or tax liability) — indicates shares were surrendered to cover taxes
• Shares owned after transaction: not specified in the provided filing

Context
Tax-withholding disposals are routine when executives exercise options or receive vested awards and need to cover tax obligations; they do not necessarily indicate a personal decision to sell stock for investment reasons. This filing appears timely (filed the day after the transaction).