US Bancorp director granted 3,355 RSUs
US Bancorp director John Wiehoff received a grant of 3,355 restricted stock units on common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
US Bancorp director John Wiehoff received a grant of 3,355 restricted stock units on common stock. These units were fully vested at the time of grant and convert into common shares on a one-for-one basis. The units will be paid in stock when he leaves the Board and is no longer an independent contractor, but are forfeited if his service is terminated for cause.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,355 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. The restricted stock units were fully vested at the time of grant. Units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.
Key Figures
Key Terms
Restricted Stock Units financial
one-for-one basis financial
forfeited financial
independent contractor financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did US Bancorp (USB) disclose for John Wiehoff?
How many US Bancorp (USB) restricted stock units were granted to John Wiehoff?
When do John Wiehoff’s US Bancorp (USB) RSUs get paid out?
Are the US Bancorp (USB) RSUs granted to John Wiehoff already vested?
What happens to John Wiehoff’s US Bancorp (USB) RSUs if he is terminated for cause?
AI-generated analysis. How Rhea-AI works. Not financial advice.