US Bancorp Officer & Director Gunjan Kedia Files Intent to Sell $1.7M in Company Stock
US BANCORP \DE\
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Filing Summary
US Bancorp (NYSE: USB) Officer and Director, Gunjan Kedia, has filed a Form 144 indicating an intent to sell 27,267 shares of common stock. The proposed sale has an approximate total value of $1,700,678. The shares were acquired through a stock option exercise.
Comprehensive Analysis
Gunjan Kedia, who holds the dual roles of Officer and Director at US Bancorp, has filed a Form 144 to signal the proposed sale of 27,267 shares of common stock, with an aggregate market value of approximately $1.7 million. The filing indicates the shares were acquired on the same day as the proposed sale date (August 28, 2026) through a stock option exercise. This transaction is notable due to the significant value and the insider's high-level positions within the company. Form 144 is a notice of intent to sell restricted or control securities, and the sale is expected to occur around the filing date. The filing also notes that no other securities of the same class were sold by the filer in the past three months.
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