Form 4: US Bancorp Vice Chair Terrance R. Dolan Reports Stock Disposals

Terrance R. Dolan, Vice Chair of US Bancorp, reported the disposal of common stock shares to cover tax obligations.

Summary

• Terrance R. Dolan, Vice Chair of US Bancorp, filed a Form 4 detailing changes in beneficial ownership.
• The report indicates the disposal of US Bancorp common stock on February 28, 2025, March 2, 2025, and March 3, 2025.
• These disposals were likely to cover tax obligations, as indicated by transaction code 'F'.
• On February 28, 2025, 6,803 shares were disposed of at a price of $46.28.
• On March 2, 2025, 5,548 shares were disposed of at a price of $46.9.
• On March 3, 2025, 30,224 shares were disposed of at a price of $46.9.
• Following these transactions, Dolan directly owns 243,507 shares of US Bancorp common stock.
• Dolan also indirectly owns 8,118 shares through a 401(k) plan, based on a plan report dated February 28, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved compared to the total outstanding shares of US Bancorp.

Key Dates