US Bancorp (NYSE: USB) vice chair sells 40,000 common shares

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

US Bancorp Vice Chair Jodi L. Richard sold common stock in an open-market transaction. On April 21, 2026, Richard sold 40,000 shares of US Bancorp common stock at a weighted average price of $57.001 per share, with individual trade prices ranging from $57.00 to $57.08.

After this sale, Richard directly held 207,251 shares of US Bancorp common stock.

Insider Trade Summary

Net Seller: 40,000 shares ($2,280,040)

Net Sell 1 txn

Insider Richard Jodi L

Role Vice Chair

Sold 40,000 shs ($2.28M)

Type	Security	Shares	Price	Value
Sale	Common Stock, $0.01 par value	40,000	$57.001	$2.28M

Holdings After Transaction: Common Stock, $0.01 par value — 207,251 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 40,000 shares Weighted average sale price: $57.001 per share Sale price range: $57.00 to $57.08 per share +2 more

5 metrics

Shares sold 40,000 shares Open-market sale of common stock on April 21, 2026

Weighted average sale price $57.001 per share Average price received across multiple trades

Sale price range $57.00 to $57.08 per share Range of prices for individual trades in the transaction

Shares owned after transaction 207,251 shares Directly held US Bancorp common stock following sale

Net shares sold 40,000 shares Net change in reported buy/sell activity in this filing

Key Terms

open-market sale, weighted average price, Common Stock, $0.01 par value, Form 4

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Common Stock, $0.01 par value financial

"security_title": "Common Stock, $0.01 par value""

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.

Form 4 Insider Transactions: What Each Field Means →

04/22/2026 - 04:34 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Richard Jodi L

(Last)

(First)

(Middle)

800 NICOLLET MALL

(Street)

MINNEAPOLIS

MINNESOTA

55402

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
US BANCORP \DE\ [ USB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice Chair

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $0.01 par value	04/21/2026		S		40,000	D	$57.001⁽¹⁾	207,251	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price in Column 4 is a weighted average price. The prices actually received ranged from $57.00 to $57.08. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

	/s/ James L. Chosy by power of attorney for Jodi L. Richard	04/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did US Bancorp (USB) disclose for Jodi L. Richard?

US Bancorp disclosed that Vice Chair Jodi L. Richard completed an open-market sale of 40,000 shares of common stock. The transaction occurred at a weighted average price of $57.001 per share, reflecting routine insider trading activity disclosed on Form 4.

At what price did Jodi L. Richard sell US Bancorp (USB) shares?

Jodi L. Richard sold 40,000 US Bancorp shares at a weighted average price of $57.001. According to the disclosure, the individual sale prices ranged from $57.00 to $57.08 per share, reflecting multiple trades aggregated into a single reported transaction.

How many US Bancorp (USB) shares does Jodi L. Richard hold after the sale?

Following the reported sale, Jodi L. Richard directly holds 207,251 shares of US Bancorp common stock. This figure represents her remaining direct ownership position after selling 40,000 shares in the open market at a weighted average price of $57.001.

What type of transaction did Jodi L. Richard report in the US Bancorp (USB) Form 4?

The Form 4 reports an open-market sale of common stock by Jodi L. Richard. The transaction code "S" indicates a sale, with 40,000 shares sold at a weighted average price of $57.001 per share, based on multiple trades within a narrow price range.

Did the US Bancorp (USB) filing specify a price range for Jodi L. Richard’s sale?

Yes. The filing notes that the reported $57.001 figure is a weighted average price. Actual sale prices for the 40,000 shares ranged from $57.00 to $57.08, and detailed trade breakdowns are available from the reporting person upon request.

Does the US Bancorp (USB) Form 4 mention whether the sale was direct or indirect?

Yes. The Form 4 indicates that the 40,000 shares sold by Jodi L. Richard were held directly. The ownership code "D" confirms direct ownership, and the filing shows 207,251 directly owned shares remaining after the reported sale.