SIMMONS HARRIS H 4

What Happened

• Harris H. Simmons, Chairman & CEO (and Director) of Zions Bancorporation (ZION), was granted 1,278.369 units on 2026-03-24. The filing shows an acquisition coded as "A" (award/grant) of derivative units at $0.00 (no cash paid) — total reported value $0. These units are recorded as the economic equivalent of common shares.

Key Details

• Transaction date: 2026-03-24; Filing date (Form 4): 2026-03-25 (timely filing).
• Transaction type/code: A — Grant/award (derivative units); reported price per unit: $0.00.
• Quantity: 1,278.369 units (each unit equals the economic equivalent of one share; reported as derivative).
• Shares owned after transaction: Not specified in the excerpt of the filing provided.
• Footnotes from the filing:
  • F1: Each unit is the economic equivalent of one share of common stock.
  • F2: Units are payable in cash or stock on the date/age elected at deferral or upon termination of employment.
• No indication this was an open-market purchase or sale; it is a compensation-related award rather than a market transaction.

Context

• These are deferred stock units (derivative awards), not an immediate cash purchase or sale of stock. Payout may be in cash or shares at a later date per the deferral election or upon employment termination. Such awards are common forms of executive compensation and do not directly signal a buy or sell intent in the market.