Form 4: U.S. Bancorp Director Scott W. Wine Acquires Shares Through Deferred Compensation Plan

U.S. Bancorp director Scott W. Wine acquired 88 shares of common stock through a deferred compensation plan on December 16, 2024.

Summary

• Scott W. Wine, a director at U.S. Bancorp, acquired 88 shares of common stock on December 16, 2024.
• The acquisition was made through a deferred compensation plan.
• The price per share was $51.36.
• Following the transaction, Mr. Wine directly owns 37,138 shares of U.S. Bancorp common stock.
• The deferred compensation plan is payable in common stock when Mr. Wine ceases to serve on the board of directors.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction, not indicative of any significant positive or negative sentiment. It's a standard insider filing.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the banking industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for all publicly traded companies in the US.
• The transaction is a typical example of a director receiving compensation in the form of company stock.
• The amount of shares acquired is relatively small compared to the overall market capitalization of U.S. Bancorp.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small acquisition of shares by a director.

Key Dates

Keywords

U.S. Bancorp, Director, Scott W. Wine, Deferred Compensation, Stock Acquisition, Form 4, Insider Trading