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Form 4: U.S. Bancorp EVP and Controller Lisa R. Stark Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Lisa R. Stark, EVP and Controller of U.S. Bancorp, reports the exercise of stock options and sale of common stock on February 3, 2025.

Summary

  • Lisa R. Stark, an Executive Vice President and Controller at U.S. Bancorp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
  • On February 3, 2025, Stark exercised stock options to acquire 2,087 shares at $39.49 and 1,122 shares at $44.32.
  • Also on February 3, 2025, Stark sold 3,209 shares of common stock at a weighted average price of $47.1.
  • Following these transactions, Stark directly owns 48,710 shares of U.S. Bancorp common stock.
  • Stark also indirectly owns 1,172 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at U.S. Bancorp.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their insiders.
  • The information disclosed is similar to that of other financial institutions such as JP Morgan Chase, Bank of America, and Citigroup, where executives routinely report their stock transactions.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.

Key Dates

DateDescription
02/19/2016Options vested in four equal annual installments beginning on this date.
02/18/2017Options vested in four equal annual installments beginning on this date.
02/03/2025Date of transactions: exercise of stock options and sale of common stock.
02/05/2025Date of Form 4 filing.
02/19/2025Expiration date of Employee Stock Option (Right to Buy).
02/18/2026Expiration date of Employee Stock Option (Right to Buy).

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