US Bancorp (NYSE: USB) tech chief sells 34,522 shares in open market

Rhea-AI Filing Summary

US Bancorp senior executive Dilip Venkatachari reported an open-market sale of company stock. On this Form 4, he sold 34,522 shares of US Bancorp common stock at an average price of $55.52 per share. After this transaction, he directly holds 51,292 common shares.

Insights

Equity compensation and insider trading analyst

US Bancorp tech chief executes sizable open-market stock sale.

Dilip Venkatachari, SEVP & Chief Information & Technology Officer of US Bancorp, completed an open-market sale of 34,522 shares of common stock at $55.52 per share. This is classified as a straightforward sale transaction, not an option exercise or tax-withholding event.

Following the sale, he continues to hold 51,292 common shares directly, indicating he retains a meaningful equity stake. With no derivatives listed in the filing, the visible equity exposure is now entirely in common shares. The filing does not reference any Rule 10b5-1 trading plan in the provided excerpt.

Because the document does not quantify company-wide share counts or percentages, the transaction’s significance at the corporate level cannot be assessed here. From this filing alone, the event appears as a notable but company-scale-uncalibrated insider sale by a key technology executive.

Insider Trade Summary

Net Seller: 34,522 shares ($1,916,661)

Net Sell 1 txn

Insider Dilip Venkatachari

Role SEVP & Chief Info & Tech Off

Sold 34,522 shs ($1.92M)

Type	Security	Shares	Price	Value
Sale	Common Stock, $0.01 par value	34,522	$55.52	$1.92M

Holdings After Transaction: Common Stock, $0.01 par value — 51,292 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 34,522 shares Sale price: $55.52 per share Shares held after transaction: 51,292 shares +1 more

4 metrics

Shares sold 34,522 shares Open-market sale of common stock

Sale price $55.52 per share Average price for the reported sale

Shares held after transaction 51,292 shares Direct holdings following the sale

Transaction date May 5, 2026 Date of reported open-market sale

Key Terms

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

3 terms

open-market sale financial

"transaction_action: "open-market sale" for the common stock"

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.

Common Stock, $0.01 par value financial

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

Form 4 regulatory

"INSIDER FILING DATA (Form 4) for US Bancorp"

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 →

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^*

Dilip Venkatachari

(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)
	SEVP & Chief Info & Tech Off

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value	05/05/2026		S		34,522	D	$55.52	51,292	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ James L. Chosy by power of attorney for Venkatachari Dilip	05/06/2026
	** 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)

FAQ

What insider transaction did USB executive Dilip Venkatachari report?

Dilip Venkatachari reported an open-market sale of 34,522 shares of US Bancorp common stock. The shares were sold at an average price of $55.52 per share, according to the Form 4 insider filing.

What role does Dilip Venkatachari hold at US Bancorp (USB)?

Dilip Venkatachari serves as Senior Executive Vice President and Chief Information & Technology Officer of US Bancorp. His position makes this sale a transaction by a key member of the company’s senior leadership team.

At what price were the US Bancorp (USB) shares sold in this Form 4?

The Form 4 states that 34,522 US Bancorp common shares were sold at an average price of $55.52 per share. This price reflects the consideration received in the reported open-market sale transaction on the specified date.

How many US Bancorp shares does Dilip Venkatachari hold after the sale?

After the reported sale, Dilip Venkatachari directly holds 51,292 shares of US Bancorp common stock. This remaining position, disclosed in the Form 4, represents his ongoing direct equity stake in the company following the transaction.

Does the US Bancorp Form 4 mention any stock options or derivatives?

The provided Form 4 data shows no derivative securities in the derivativeSummary section. That indicates the filing only reports activity in US Bancorp common stock and does not list any remaining options, warrants, or other derivative positions.

Was the US Bancorp insider sale under a Rule 10b5-1 trading plan?

The shared Form 4 details do not include any footnote reference to a Rule 10b5-1 trading plan. Based on the provided excerpt, the sale is simply described as an open-market transaction in US Bancorp common stock.