Form 4: U.S. Bancorp Vice Chair Gunjan Kedia Reports Stock Disposals
SEC Form 4 Filing
Gunjan Kedia, Vice Chair of U.S. Bancorp, reported the disposal of common stock on March 2nd and 3rd, 2024.
Summary
- Gunjan Kedia, a Vice Chair at U.S. Bancorp, filed a Form 4 with the SEC.
- The filing reports the disposal of U.S. Bancorp common stock on March 2, 2024, and March 3, 2024.
- On March 2, 2024, 4,406 shares were disposed of at a price of $41.42.
- On March 3, 2024, 3,475 shares were disposed of at a price of $41.42.
- Following these transactions, Kedia directly owns 239,057 shares of U.S. Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock disposals, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry.
Stakeholder Impact
- The disposal of shares by a company insider could be perceived negatively by shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Date of first reported transaction: disposal of 4,406 shares of common stock. |
| 03/03/2024 | Date of second reported transaction: disposal of 3,475 shares of common stock. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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