Form 4: U.S. Bancorp Executive Mark G. Runkel Reports Changes in Beneficial Ownership

Mark G. Runkel, a Senior EVP and Chief Transformation Officer at U.S. Bancorp, reported changes in his beneficial ownership of the company's stock due to a transaction on March 5, 2024.

Summary

• On March 5, 2024, Mark G. Runkel, a Senior EVP and Chief Transformation Officer at U.S. Bancorp, reported a transaction involving the company's common stock.
• The transaction involved the disposition of 8,625 shares of common stock at a price of $42.7 per share.
• Following the transaction, Runkel directly owns 99,260 shares of U.S. Bancorp common stock.
• Runkel also indirectly owns 420 shares through a 401(k) plan and 2,846 shares through a trust.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports a transaction.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into the actions of a key executive.

Key Dates