https://www.marketbeat.com/instant-alerts/filing-inceptionr-llc-acquires-22348-shares-of-us-bancorp-usb-2026-06-11/
5 replies (most recent on top)
Interesting timing before Q2 earnings release. Wonder if their decision-making was based on material non-public information.
Could the Chief Risk Officer and Chief Technology Officer have that kind of information?
The stock is effectively at all-time-highs and the business strategy is basically the Jack Welch outsourcing/offshoring playbook. Just a matter of time until they miss earnings ("organic growth") and the stock price will fall off a cliff. Go look at GE's stock price over time.
Jr need the funds to restock her wine cupboard
Within two weeks of each other. Hmm
Wow! Just wow ...
In other U.S. Bancorp news, EVP Venkatachari Dilip sold 34,522 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $55.52, for a total transaction of $1,916,661.44. Following the sale, the executive vice president owned 51,292 shares in the company, valued at $2,847,731.84. This represents a 40.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Also, insider Jodi L. Richard sold 40,000 shares of the stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $57.00, for a total value of $2,280,000.00. Following the sale, the insider owned 207,251 shares in the company, valued at approximately $11,813,307. This represents a 16.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.21% of the company's stock.