Form 4: U.S. Bancorp Executive VP Mark G. Runkel Reports Stock Disposals
SEC Form 4 Filing
Mark G. Runkel, a Senior Executive VP at U.S. Bancorp, reported the disposal of common stock through tax withholding.
Summary
- On February 28, 2025, Mark G. Runkel disposed of 1,804 shares of U.S. Bancorp common stock at a price of $46.28.
- On March 2, 2025, Mr. Runkel disposed of 1,690 shares at $46.90 per share.
- On March 3, 2025, he disposed of 8,704 shares at $46.90 per share.
- Following these transactions, Mr. Runkel directly owns 114,584 shares of U.S. Bancorp common stock.
- He also indirectly owns 438 shares through a 401(k) plan and 2,846 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating a neutral sentiment.
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 disposal of shares by an executive could be perceived negatively by shareholders if interpreted as a lack of confidence in the company, but it could also be due to personal financial planning.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of earliest transaction; disposal of 1,804 shares at $46.28. |
| 03/02/2025 | Disposal of 1,690 shares at $46.90. |
| 03/03/2025 | Disposal of 8,704 shares at $46.90. |
| 03/04/2025 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.