U.S. Bancorp Form 144: $1.1 M insider share sale planned

Rhea-AI Filing Summary

U.S. Bancorp (USB) filed a Form 144 indicating a proposed sale of 23,727 common shares through Fidelity Brokerage Services. The shares carry an aggregate market value of $1.10 million and are expected to be sold on or about 21 Jul 2025 on the NYSE. The filing covers insider-held shares acquired chiefly via restricted-stock vesting on 15 Dec 2023 (8,302 sh), 2 Mar 2024 (3,415 sh) and 15 Dec 2024 (11,610 sh), plus 400 shares from dividend reinvestment on 14 Jan 2025.

The planned sale represents roughly 0.0015 % of USB’s 1.56 billion shares outstanding, signalling a very small proportion of total equity. The filer states no knowledge of undisclosed material adverse information as required by Rule 144. No prior insider sales were reported in the past three months.

Insights

Sell-Side Financial Analyst

TL;DR: Minor insider sale (0.0015% float) worth $1.1 M; unlikely to move USB valuation.

The Form 144 shows a modest liquidation of vested restricted stock and dividend shares. Dollar value is small relative to USB’s $70 B+ market cap, and no pattern of continuous selling is disclosed. Such routine diversification events typically have minimal price impact. Investors may monitor for follow-up filings (Form 4) to confirm execution but, on its own, the notice does not alter the investment thesis.

Corporate Governance Specialist

TL;DR: Standard Rule 144 filing; conforms to disclosure norms, no red flags.

The insider attests to possessing no undisclosed adverse information and is executing through a major broker, suggesting procedural compliance. Lack of aggregated sales in the prior 3 months further reduces governance concern. While any insider sale can raise questions, the de minimis size and clear disclosure mitigate negative interpretation.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	23727	1099440.62	1558027583	07/21/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/15/2023	Restricted Stock Vesting	Issuer			8302	12/15/2023	Compensation
Common	03/02/2024	Restricted Stock Vesting	Issuer			3415	03/02/2024	Compensation
Common	12/15/2024	Restricted Stock Vesting	Issuer			11610	12/15/2024	Compensation
Common	01/14/2025	Dividend Reinvestment	Issuer			400	01/14/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many U.S. Bancorp (USB) shares are being proposed for sale?

The Form 144 covers 23,727 common shares.

What is the dollar value of the proposed USB insider sale?

The aggregate market value is approximately $1.10 million.

When is the approximate sale date listed in the Form 144?

The filing lists an approximate sale date of 21 July 2025.

What percentage of U.S. Bancorp’s outstanding shares does this sale represent?

About 0.0015 % of the 1.56 billion shares outstanding.

How were the USB shares originally acquired by the insider?

Primarily through restricted-stock vesting in 2023-2024 and dividend reinvestment in 2025.