US Bancorp (NYSE: USB) vice chair sells 36,906 shares at $63.0770 average
Rhea-AI Filing Summary
US Bancorp Vice Chair Stephen L. Philipson reported selling 36,906.0000 shares of common stock on July 20, 2026 at a weighted average price of $63.0770 per share, with individual prices from $63.07 to $63.11. After the sale, he directly holds 74,969.0000 shares, including amounts acquired through dividend reinvestment, and indirectly holds 509.0000 shares through a 401(k) plan based on a June 30, 2026 plan report.
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Insights
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Insider Trade Summary
Net Seller: 36,906 shares
Net Sell
2 txns
Insider
Philipson Stephen L
Role
Vice Chair
Sold
36,906 shs ($2.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value F1, F2 | 36,906 | $63.077 | $2.33M |
| holding | Common Stock, $0.01 par value F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 74,969 shares (Direct);
Common Stock, $0.01 par value — 509 shares (Indirect, By 401(k) plan)
Footnotes (3)
- F1. The price in Column 4 is a weighted average price. The prices actually received ranged from $63.07 to $63.11. 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.
- F2. Includes amount acquired pursuant to dividend reinvestment.
- F3. Based on a plan report dated June 30, 2026, the most recent plan report available.
Key Figures
Shares sold: 36906.0000 shares
Weighted average sale price: $63.0770 per share
Direct holdings after sale: 74969.0000 shares
+1 more
4 metrics
Shares sold
36906.0000 shares
Common Stock, $0.01 par value sold on July 20, 2026
Weighted average sale price
$63.0770 per share
Weighted average; individual sale prices ranged from $63.07 to $63.11
Direct holdings after sale
74969.0000 shares
Directly owned common stock following the transaction, including dividend reinvestment
Indirect 401(k) holdings
509.0000 shares
Indirect holdings through 401(k) plan based on June 30, 2026 plan report
Key Terms
weighted average price, dividend reinvestment, 401(k) plan
3 terms
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.
dividend reinvestment financial
"Includes amount acquired pursuant to dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
401(k) plan financial
"Based on a plan report dated June 30, 2026, the most recent 401(k) plan report available."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did US Bancorp (USB) insider Stephen L. Philipson report in this Form 4?
Stephen L. Philipson, a Vice Chair of US Bancorp, reported selling 36,906.0000 shares of common stock. The transaction occurred on July 20, 2026 at a weighted average price, and the filing also details his remaining direct and 401(k) plan holdings after the sale.
What are Stephen L. Philipson's remaining US Bancorp (USB) holdings after the July 20, 2026 sale?
Following the transaction, he directly owns 74,969.0000 shares of US Bancorp common stock, including shares acquired through dividend reinvestment. He also has an indirect position of 509.0000 shares held through a 401(k) plan, based on a plan report dated June 30, 2026.
What indirect US Bancorp (USB) holdings does Stephen L. Philipson report?
He reports 509.0000 shares of US Bancorp common stock held indirectly through a 401(k) plan. A footnote states this amount is based on the most recent plan report dated June 30, 2026, reflecting his retirement-plan position as of that report date.