Form 4: US Bancorp Vice Chair Exercises, Sells Shares

US Bancorp Vice Chair Mark G. Runkel exercised stock options and subsequently sold a portion of his common stock holdings on February 6, 2026.

Summary

• Mark G. Runkel, Vice Chair of US Bancorp, exercised employee stock options to acquire 15,339 shares of common stock at an exercise price of $55.01 per share on February 6, 2026.
• On the same date, Mr. Runkel sold 32,195 shares of US Bancorp common stock at a weighted average price of $60.648 per share, with prices ranging from $60.630 to $60.661.
• Following these transactions, Mr. Runkel directly beneficially owns 97,728 shares of common stock.
• Additionally, Mr. Runkel indirectly beneficially owns 458 shares through a 401(k) plan and 2,846 shares through a Trust, totaling 101,032 shares of common stock.
• The employee stock options vested in four equal installments beginning on February 16, 2018, and have an expiration date of February 16, 2027.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a slightly negative signal. While the exercise of options is positive for the insider, the net sale of shares by a Vice Chair, even if routine, is generally not a bullish indicator for the stock's immediate future.

Positives

• The exercise of stock options indicates that the options were in-the-money, allowing the Vice Chair to acquire shares at a price ($55.01) lower than the market price at which he sold them ($60.648 average).

Negatives

• The net disposition of 16,856 shares (32,195 sold minus 15,339 acquired) by a high-ranking executive could be perceived as a slight negative signal by some investors, even if for personal financial planning.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, such as option exercises and subsequent share sales, are common occurrences. While a net sale by a high-ranking executive like a Vice Chair can sometimes be interpreted as a lack of confidence, it often reflects personal financial planning, diversification, or liquidity needs rather than a specific negative outlook on the company's future performance.

Stakeholder Impact

• Shareholders may interpret the net sale of shares by a Vice Chair as a minor negative signal, potentially influencing short-term sentiment, though such transactions are often for personal financial management.

Key Dates

Keywords

US Bancorp, USB, Form 4, Insider Trading, Stock Options, Executive Compensation, Mark G. Runkel, Share Sale