Form 4: U.S. Bancorp Vice Chair Jodi L. Richard Sells 25,000 Shares
SEC Form 4 Filing
Jodi L. Richard, Vice Chair of U.S. Bancorp, sold 25,000 shares of common stock at an average price of $49.03 on October 18, 2024.
Summary
- On October 18, 2024, Jodi L. Richard, Vice Chair of U.S. Bancorp, sold 25,000 shares of U.S. Bancorp common stock.
- The sale was executed at a weighted average price of $49.03 per share, with individual prices ranging from $49.02 to $49.06.
- Following the transaction, Richard directly owns 129,790 shares of U.S. Bancorp common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an insider, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a company insider could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 10/18/2024 | Date of transaction: Jodi L. Richard sold 25,000 shares of USB common stock. |
| 10/21/2024 | Date of signature on the Form 4 filing. |
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