Form 4: U.S. Bancorp Director Aleem Gillani Reports Transactions in Company Stock

Director Aleem Gillani reports the acquisition of common stock and restricted stock units, as well as the disposal of common stock.

Summary

• On April 21, 2025, Director Aleem Gillani reported acquiring 5,000 shares of U.S. Bancorp common stock at a price of $37.32 per share.
• On April 21, 2025, Director Aleem Gillani disposed of 15,000 shares of U.S. Bancorp common stock.
• On April 17, 2025, Gillani acquired 4,843 restricted stock units (RSUs) which convert into common stock on a one-for-one basis and were fully vested at the time of grant.
• The RSUs are payable in common stock when Gillani 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 standard SEC filing reporting stock transactions by a company director, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the director's view of the company's stock value.

Key Dates

Keywords

Form 4, Director, Stock, USB, U.S. Bancorp, Gillani, Restricted Stock Units, RSU