US Bancorp counsel reports stock gift transaction
US Bancorp insider James L. Chosy, Senior EVP and General Counsel, reported a bona fide gift of 3,969 shares of common stock on 2026-07-21.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
US Bancorp insider James L. Chosy, Senior EVP and General Counsel, reported a bona fide gift of 3,969 shares of common stock on 2026-07-21. The shares were transferred at $0.0000 per share, leaving him with 250,941 shares of common stock held directly after the transaction.
Insider Trade Summary
3,969 shares gifted
Gift
1 txn
Insider
CHOSY JAMES L
Role
Senior EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, $0.01 par value | 3,969 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $0.01 par value — 250,941 shares (Direct)
Key Figures
Shares gifted: 3,969 shares
Holdings after transaction: 250,941 shares
Transaction price per share: $0.0000 per share
+2 more
5 metrics
Shares gifted
3,969 shares
Bona fide gift of common stock on 2026-07-21
Holdings after transaction
250,941 shares
Directly held common shares following the gift
Transaction price per share
$0.0000 per share
Reported value for the gifted shares
Gift transactions in filing
1 transaction
Number of bona fide gift entries reported
Total gift shares in filing
3,969 shares
Aggregate shares reported as gifted in this Form 4
Key Terms
bona fide gift, par value, Form 4
3 terms
bona fide gift regulatory
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
par value financial
"Common Stock, $0.01 par value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did USB executive James L. Chosy report?
James L. Chosy reported a bona fide gift of 3,969 US Bancorp common shares. The 2026-07-21 transaction was reported at $0.0000 per share and classified as a gift disposition rather than a market sale or purchase.
What are James L. Chosy’s USB holdings after the reported gift?
After the gift, James L. Chosy directly holds 250,941 shares of US Bancorp common stock. This post-transaction balance reflects the reduction of 3,969 shares transferred as a bona fide gift on 2026-07-21.
Was the USB insider transaction by James L. Chosy a sale or a gift?
The transaction was reported as a bona fide gift, not a sale. It is coded as a "G" transaction, meaning a gift disposition of 3,969 common shares with no sale proceeds reported in the Form 4.
Did James L. Chosy use a Rule 10b5-1 plan for this USB stock transfer?
The filing does not indicate use of a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is marked false, and no footnotes describe the gift as made under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
