The sales are small and routine for a $10.4B bank. Monitor next quarterly earnings (due mid-October) for any credit quality or NIM trends, but this cluster alone does not warrant a trading response.
Price Chart
Executive Summary
Two ZION insiders, including President Scott McLean, sold a combined $1.60M in stock on August 4, 2026. The sales are modest relative to ZION's $10.4B market cap (0.015%), and the cluster is not amplified by the academic literature's asymmetry rule (sales are weak predictors). The CEO's simultaneous gift of 30,242 shares is a non-cash event with no economic signal. This cluster is routine and does not indicate a material change in outlook.
Key Financial Metrics
Key Facts
- President Scott J. McLean sold 18,800 shares for ~$1.33M at $70.63 on 2026-08-04.
- EVP Scott A. Law sold 3,700 shares for ~$268K at $72.44 on 2026-08-04.
- Total open-market sales of $1.60M represent ~0.015% of ZION's $10.4B market cap.
- CEO Harris H. Simmons gifted 30,242 shares (non-cash, $0 value) on 2026-08-11.
- No insider open-market purchases in the cluster window.
Financial Impact
Total insider sales of $1.60M, or ~0.015% of market cap — trivial relative to company size.
Risk Factors
- Insider sales could be liquidity-driven (diversification, tax planning) rather than informational.
- No insider buying to offset the selling signal.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ZION-1786525320276 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 16d ago | Press Release | $65.47 $62.65 | ▼ −4.31% | ▼ −6.87% | $63.17 (−3.51%) |
Aug 6, 2026 8w ago | Court Ruling | $70.58 $71.61 | ▲ +1.46% | ▲ +0.25% | $63.17 (−10.50%) |
Aug 5, 2026 8w ago | Insider Cluster | $71.70 $71.92 | ▲ +0.31% | ▼ −0.04% | $63.17 (−11.90%) |
Aug 5, 2026 8w ago | Insider Cluster | $71.70 $71.92 | ▲ +0.31% | ▼ −0.04% | $63.17 (−11.90%) |
Jul 30, 2026 9w ago | Press Release | $69.70 $70.32 | ▲ +0.89% | ▼ −2.62% | $63.17 (−9.37%) |
Jul 20, 2026 10w ago | Press Release | $69.05 $68.52 | ▼ −0.77% | ▲ +0.46% | $63.17 (−8.52%) |
Mar 19, 2026 28w ago | DEFA14A | $54.05 $55.40 | ▲ +2.50% | ▲ +4.65% | $63.17 (+16.87%) |
US Market Status
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