Huang Claire A 4
Research Summary
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ZION Director Claire A. Huang Receives Phantom Stock Award (549 shares)
What Happened Claire A. Huang, a director of Zions Bancorporation (ZION), received a grant of 549.123 phantom stock units on 2026-03-30. The units are recorded at $55.54 each for a notional value of $30,498. This filing reports an award/acquisition (transaction code A) of a derivative compensation award rather than an open‑market stock purchase.
Key Details
- Transaction date: 2026-03-30; filing date: 2026-04-01 (appears timely).
- Award: 549.123 phantom stock units at $55.54 per unit; total notional value $30,498.
- Transaction type: A = Award/Grant (derivative phantom units).
- Shares owned after transaction: not disclosed in the Form 4 filing.
- Footnote: the phantom stock units are cash‑settled upon the earlier of death or retirement (per filing).
Context Phantom stock units are a form of compensation that mirror the economic value of shares but are typically paid in cash when vested or on specified events; they do not convey voting rights or immediate stock ownership. Such awards are routine director compensation and should not be interpreted the same way as an insider buying or selling actual shares.