Form 4: U.S. Bancorp Executive Venkatachari Dilip Reports Stock Disposals
SEC Form 4 Filing
Venkatachari Dilip, SEVP & Chief Info & Tech Off at U.S. Bancorp, reported the disposal of common stock on March 2nd and 3rd, 2024.
Summary
- Venkatachari Dilip, a SEVP & Chief Info & Tech Off at U.S. Bancorp, filed a Form 4 detailing changes in beneficial ownership.
- On March 2, 2024, Mr. Dilip disposed of 3,715 shares of common stock at a price of $41.42.
- Following this transaction, his direct ownership was reported as 71,357 shares.
- On March 3, 2024, Mr. Dilip disposed of 2,079 shares of common stock at a price of $41.42.
- Following this transaction, his direct ownership was reported as 69,278 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock disposals by an executive, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The disposal of shares by an executive may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Disposal of 3,715 shares of common stock. |
| 03/03/2024 | Disposal of 2,079 shares of common stock. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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