Skonnard Aaron 4

What Happened

• Aaron Skonnard, a director at Zions Bancorporation (ZION), received an award of 540.121 phantom stock units on 2026-03-30. The units were valued at $55.54 each, for a total reported value of $29,998. This was an award/grant (derivative-based compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-30
• Transaction type: Award/Grant (derivative phantom stock units)
• Units awarded: 540.121 at $55.54 per unit; total reported value $29,998
• Shares/units owned after transaction: Not disclosed in this Form 4
• Footnote: F1 — the phantom stock units are settled in cash upon the earlier of death or retirement
• Filing: Form 4 filed 2026-04-01 (appears to be within the typical 2-business-day reporting window and not marked late)

Context

• These were phantom stock units (cash-settled), meaning they typically do not result in issuance of common shares and are paid in cash on settlement events (here, death or retirement). Such grants are compensation-related and are not the same as a direct equity purchase that would signal a personal cash investment in the stock.