Form 4: U.S. Bancorp Director Acquires Restricted Stock Units
SEC Form 4 Filing
Kimberly N. Ellison-Taylor, a director of U.S. Bancorp, acquired 4,843 restricted stock units that convert into common stock.
Summary
- On April 17, 2025, Kimberly N. Ellison-Taylor, a director of U.S. Bancorp, acquired 4,843 restricted stock units.
- These restricted stock units convert into common stock on a one-for-one basis.
- The units were fully vested at the time of grant.
- The units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a director's acquisition of restricted stock units, a common form of executive compensation in the financial services industry.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of transaction: Kimberly N. Ellison-Taylor acquired 4,843 restricted stock units. |
| 04/21/2025 | Date of report filing. |
Keywords
U.S. Bancorp, Director, Ellison-Taylor, Restricted Stock Units, USB, Acquisition, Form 4
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