CRITTENDEN GARY L 4

What Happened Gary L. Crittenden, a director of Zions Bancorporation (ZION), received a grant of 2,055 derivative units on May 1, 2026. The award is reported as 2,055 units valued at $63.26 each, for a total economic value of $129,999. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-01; Filing date: 2026-05-04 (filed timely).
• Grant: 2,055 units at $63.26 per unit; total reported value $129,999.
• Transaction type/code: Award/Grant (A); derivative instrument (phantom stock units).
• Shares owned after transaction: Not reported in this filing.
• Footnotes: F1 — each unit equals the economic equivalent of one share; F2 — units are phantom stock units settled in cash upon the earlier of death or retirement.

Context

• These are phantom stock units (derivatives) rather than actual shares; they provide cash value tied to the stock price and are typically part of compensation programs.
• Because the award settles in cash (per F2), it does not immediately change share count or voting power and is different from a direct stock purchase or option exercise.