Form 4: U.S. Bancorp Vice Chair Timothy A. Welsh Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Timothy A. Welsh, Vice Chair of U.S. Bancorp, reports changes in beneficial ownership of common stock due to a transaction on March 5, 2024.
Summary
- On March 5, 2024, Timothy A. Welsh, Vice Chair of U.S. Bancorp, reported a transaction involving U.S. Bancorp common stock.
- Welsh disposed of 22,013 shares at a price of $42.70.
- Following the transaction, Welsh directly owns 166,194 shares of U.S. Bancorp common stock.
- Welsh also indirectly owns 4,054 shares through a 401(k) plan, based on the plan report dated February 29, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a change in beneficial ownership, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| February 29, 2024 | Date of the most recent 401(k) plan report available. |
| March 05, 2024 | Date of the transaction involving the disposal of common stock. |
| March 06, 2024 | Date of signature for the report. |
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