Proposed sale of 40,000 Common shares (USB) reported to SEC
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Filer submitted a Form 144 reporting a proposed sale of 40,000 shares of Common Stock. The notice lists multiple restricted stock vesting events (523; 13,745; 5,355; 3,396; 16,981 shares) and includes a numeric value of $2,280,059.08 on the same line. The filing names Fidelity Brokerage Services LLC and references the NYSE.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares to be sold: 40,000 shares
Dollar amount shown: $2,280,059.08
Restricted stock vesting - example 1: 523 shares
+2 more
5 metrics
Proposed shares to be sold
40,000 shares
listed on the same line with Fidelity Brokerage Services LLC and NYSE
Dollar amount shown
$2,280,059.08
numeric value on the 40,000-share line
Restricted stock vesting - example 1
523 shares
Restricted Stock Vesting dated 03/02/2024
Restricted stock vesting - example 2
13,745 shares
Restricted Stock Vesting dated 03/05/2024
Restricted stock vesting - additional entries
5,355; 3,396; 16,981 shares
Vesting dated 02/28/2025, 03/02/2025, 03/03/2025 respectively
Key Terms
Form 144, Restricted Stock Vesting, Fidelity Brokerage Services LLC
3 terms
Form 144 regulatory
"Filer submitted a Form 144 reporting a proposed sale of 40,000 shares"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Restricted Stock Vesting | Issuer | 523 | 03/02/2024"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Fidelity Brokerage Services LLC other
"Common | Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"
FAQ
What does USB's Form 144 report?
The Form 144 reports a proposed sale of 40,000 shares of common stock. It also lists several restricted stock vesting entries (523; 13,745; 5,355; 3,396; 16,981 shares) and references Fidelity Brokerage Services LLC.
Who is the broker or intermediary named in the filing for USB?
The filing names Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield, RI. This appears as the broker/intermediary line associated with the reported proposed sale on the Form 144.
How much value is shown on the Form 144 for USB?
The filing shows the number $2,280,059.08 on the line with the 40,000-share entry. The document pairs that dollar amount with the share figure and exchange (NYSE) in the same row.
Are the listed restricted stock vesting amounts part of the proposed sale?
The form lists multiple restricted stock vesting entries with share counts (523; 13,745; 5,355; 3,396; 16,981). The document lists these vesting events but does not explicitly state whether each vesting share count is being sold under the 144.