ZION Director Stephen D. Quinn Receives Award Worth $48.5K

What Happened Stephen D. Quinn, a director of ZIONS Bancorporation (ZION), was granted 773.58 phantom stock units (reported as a derivative award) on 2026-09-30. The units were recorded at a per-unit value of $62.65, for a total reported value of $48,465. This was an award/grant (compensation), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-09-30; 773.58 units @ $62.65 each; total $48,465.
• Transaction type: Award/Grant (code A) — derivative phantom stock units (acquisition reported).
• Shares/units owned after transaction: Not specified in the filing.
• Footnote: F1 — the phantom stock units are settled in cash upon the earlier of the holder’s death or retirement.
• Timeliness: Report filed 2026-10-01 for a 2026-09-30 transaction (filed within the typical 2-business-day reporting window).

Context Phantom stock units are a cash-settled form of equity compensation that pay the value of shares at a future settlement date (here, on death or retirement). Such awards are typical components of director or executive compensation and do not represent immediate stock purchases or sales, so they should be viewed as compensation-related rather than a direct trading signal.