Form 4: U.S. Bancorp Vice Chair Terrance R. Dolan Reports Sale of Common Stock
SEC Filing
Terrance R. Dolan, Vice Chair of U.S. Bancorp, reported the sale of 25,000 shares of common stock at an average price of $46.981 on February 13, 2025.
Summary
- Terrance R. Dolan, Vice Chair of U.S. Bancorp, filed a Form 4 with the SEC.
- The form reports a transaction where Dolan disposed of 25,000 shares of U.S. Bancorp common stock on February 13, 2025.
- The shares were sold at a weighted average price of $46.981, with prices ranging from $46.98 to $46.995.
- Following the transaction, Dolan directly owns 241,138 shares of U.S. Bancorp common stock.
- Dolan also indirectly owns 8,063 shares through a 401(k) plan, based on the plan report dated February 3, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its leadership.
Stakeholder Impact
- The sale of shares by a high-ranking executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| February 3, 2025 | Date of the most recent 401(k) plan report available. |
| February 13, 2025 | Date of the stock sale transaction. |
| February 14, 2025 | Date of the signature on the Form 4 filing. |
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