Routine share withholding; mechanical by default.
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Traded Oct 20, 2025 · Filed Oct 21, 2025
Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
option exercise
Code M — exercise or conversion of a derivative security
None found in footnotes
Only flagged when a footnote says so; never inferred
Routine share withholding; mechanical by default.
253K → 226K shares held−11% of their stake
U.S. Bancorp's Senior EVP and General Counsel sold $1.26M of U.S. Bancorp shares. Nobody planned it ahead of time.
Derivative exercise or conversion — not an open-market buy.