Insider trade

Chair sold ~$2.33M of USB shares in the open market

Traded Jul 20, 2026 · Filed Jul 22, 2026

U.S. BancorpUSB

~$2.33M
Reported value · 37K sh @ $63.077: 75K
Holds after · shares reported: -9.2%
stock since the trade · S&P 500 +3.0%, $63.14 → $57.36 on Oct 1

Why it stands out

U.S. Bancorp's Vice Chair sold $2.33M of U.S. Bancorp shares. It happened by itself, for taxes or pay.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Jul 20, 2026
Reporting period: Not applicable
Filed with the SEC: Jul 22, 2026

Chair$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$2,327,920

Shares × reported transaction price

Timing vs results

4 days after results of Jul 16, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $63.14 on Jul 20, 2026, within 2% of its 52-week high, after a 14% rise over the previous 30 trading days

52-week range $43.94 (Aug 1, 2025) to $64.01 (Jul 16, 2026), 96% of the way up, from 251 adjusted closes. 30 trading days earlier: $55.46 on Jun 4, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references dividend reinvestment

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-0.7%	+0.5%	-1.2%
30 days	-1.4%	+3.4%	-4.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0001225208-26-006705
Filed / recorded: Jul 22, 2026, 9:22 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: US BANCORP \DE\
Issuer CIK: 36104
Ticker: USB
Reporting person: Stephen L Philipson
Relationship: Officer
Officer title: Vice Chair
Security: Common Stock, $0.01 par value
Table: Non-derivative (Table I)
Transaction date: Jul 20, 2026
Transaction code: S
Shares / units: 36,906
Price per share: $63.077
Acquired / disposed: Disposed (D)
Shares owned after: 74,969
Ownership form: Direct
Amendment: No

Footnotes from the filing

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.
Includes amount acquired pursuant to dividend reinvestment.