Form 4: U.S. Bancorp Executive Elcio R.T. Barcelos Reports Stock Disposals

Elcio R.T. Barcelos, a Senior EVP and Chief HR Officer at U.S. Bancorp, reported the disposal of common stock on March 2nd and 3rd, 2024.

Summary

• Elcio R.T. Barcelos, a Senior EVP and Chief HR Officer at U.S. Bancorp, filed a Form 4 with the SEC.
• The report details the disposal of U.S. Bancorp common stock on March 2nd and 3rd, 2024.
• On March 2nd, 2,570 shares were disposed of at a price of $41.42.
• On March 3rd, 2,082 shares were disposed of at a price of $41.42.
• Following these transactions, Barcelos directly owns 86,355 shares of U.S. Bancorp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock disposals by an executive, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the financial industry. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The disposal of shares by a high-ranking executive could be perceived negatively by some shareholders, although it is a common practice and doesn't necessarily indicate a lack of confidence in the company.

Key Dates