FINHUB Insights

What the executives and directors of U.S. Bancorp actually did with their own shares, decoded from three years of SEC Form 4 filings.

−$18.7M net open-market flow, 12 m
0 open-market buys, 12 m
0% of sale value on 10b5-1 plans
472 days since an insider bought

The tape: three years of insider trades

Open-market buy Discretionary sale Planned sale (10b5-1) Reported-price path Routine
$20$40$602024Jul2025Jul2026JulRunkel Mark G. — routine flow, 2,420 (2023-10-21)Badran Souheil — routine flow, 10.8K (2023-12-15)DOLAN TERRANCE R — routine flow, 26.6K (2024-01-30)CECERE ANDREW — routine flow, 93.4K (2024-02-15)CHOSY JAMES L — routine flow, 22K (2024-02-16)CECERE ANDREW — routine flow, 143.6K (2024-02-21)DOLAN TERRANCE R — routine flow, 58.6K (2024-02-21)CHOSY JAMES L — routine flow, 27.8K (2024-02-21)Kotwal Shailesh M — routine flow, 41K (2024-02-21)Runkel Mark G. — routine flow, 16.1K (2024-02-21)Kedia Gunjan — routine flow, 41K (2024-02-21)Welsh Timothy A — routine flow, 41K (2024-02-21)Richard Jodi L — routine flow, 33.7K (2024-02-21)Barcelos Elcio R.T. — routine flow, 26.4K (2024-02-21)Badran Souheil — routine flow, 26K (2024-03-02)CECERE ANDREW — routine flow, 127.9K (2024-03-03)DOLAN TERRANCE R — routine flow, 57.5K (2024-03-03)CHOSY JAMES L — routine flow, 28.4K (2024-03-03)Kotwal Shailesh M — routine flow, 46.8K (2024-03-03)Runkel Mark G. — routine flow, 16.3K (2024-03-03)Kedia Gunjan — routine flow, 55.5K (2024-03-03)Welsh Timothy A — routine flow, 55.1K (2024-03-03)Richard Jodi L — routine flow, 44.6K (2024-03-03)Stark Lisa R — routine flow, 18.6K (2024-03-03)Barcelos Elcio R.T. — routine flow, 28.5K (2024-03-03)Stern John C — routine flow, 28K (2024-03-03)Dilip Venkatachari — routine flow, 23K (2024-03-03)CECERE ANDREW — routine flow, 76.4K (2024-03-05)DOLAN TERRANCE R — routine flow, 31.2K (2024-03-05)CHOSY JAMES L — routine flow, 14.8K (2024-03-05)Kotwal Shailesh M — routine flow, 19.8K (2024-03-05)Runkel Mark G. — routine flow, 8,625 (2024-03-05)Kedia Gunjan — routine flow, 21.8K (2024-03-05)Welsh Timothy A — routine flow, 22K (2024-03-05)Richard Jodi L — routine flow, 18.1K (2024-03-05)Stark Lisa R — routine flow, 635 (2024-03-05)Barcelos Elcio R.T. — routine flow, 13.8K (2024-03-05)Stern John C — routine flow, 1,164 (2024-03-05)Dilip Venkatachari — routine flow, 3,285 (2024-03-05)Kedia Gunjan — routine flow, 14.3K (2024-05-06)Runkel Mark G. — routine flow, 2,494 (2024-10-21)Badran Souheil — routine flow, 13.7K (2024-12-15)DOLAN TERRANCE R — routine flow, 66.3K (2025-02-03)Stark Lisa R — routine flow, 3,209 (2025-02-03)CECERE ANDREW — routine flow, 102K (2025-02-04)CHOSY JAMES L — routine flow, 22.5K (2025-02-05)CECERE ANDREW — routine flow, 134.9K (2025-02-11)DOLAN TERRANCE R — routine flow, 56.7K (2025-02-11)CHOSY JAMES L — routine flow, 27K (2025-02-11)Runkel Mark G. — routine flow, 16.2K (2025-02-11)Kedia Gunjan — routine flow, 43.8K (2025-02-11)Richard Jodi L — routine flow, 35.1K (2025-02-11)Barcelos Elcio R.T. — routine flow, 27K (2025-02-11)Kelso Courtney — routine flow, 13.8K (2025-02-27)CECERE ANDREW — routine flow, 123K (2025-03-02)DOLAN TERRANCE R — routine flow, 57.3K (2025-03-02)CHOSY JAMES L — routine flow, 28.6K (2025-03-02)Runkel Mark G. — routine flow, 17.3K (2025-03-02)Kedia Gunjan — routine flow, 100.6K (2025-03-02)Richard Jodi L — routine flow, 108.3K (2025-03-02)Stark Lisa R — routine flow, 20.2K (2025-03-02)Barcelos Elcio R.T. — routine flow, 31.3K (2025-03-02)Badran Souheil — routine flow, 29K (2025-03-02)Stern John C — routine flow, 31.8K (2025-03-02)Dilip Venkatachari — routine flow, 26.1K (2025-03-02)Philipson Stephen L — routine flow, 40.6K (2025-03-02)Roy Arijit — routine flow, 17K (2025-03-02)CECERE ANDREW — routine flow, 72K (2025-03-03)DOLAN TERRANCE R — routine flow, 30.2K (2025-03-03)CHOSY JAMES L — routine flow, 14.4K (2025-03-03)Runkel Mark G. — routine flow, 8,704 (2025-03-03)Kedia Gunjan — routine flow, 23.9K (2025-03-03)Richard Jodi L — routine flow, 18.7K (2025-03-03)Stark Lisa R — routine flow, 1,069 (2025-03-03)Barcelos Elcio R.T. — routine flow, 14.1K (2025-03-03)Stern John C — routine flow, 1,515 (2025-03-03)Dilip Venkatachari — routine flow, 2,134 (2025-03-03)Philipson Stephen L — routine flow, 701 (2025-03-03)CECERE ANDREW — routine flow, 682 (2025-06-09)CHOSY JAMES L — routine flow, 5,000 (2025-07-30)CECERE ANDREW — routine flow, 140.4K (2025-10-20)CHOSY JAMES L — routine flow, 29.4K (2025-10-20)Roy Arijit — routine flow, 1,675 (2025-10-21)CHOSY JAMES L — routine flow, 4,500 (2026-02-03)Runkel Mark G. — routine flow, 15.3K (2026-02-06)CECERE ANDREW — routine flow, 154.3K (2026-02-11)CHOSY JAMES L — routine flow, 32.3K (2026-02-11)Runkel Mark G. — routine flow, 19.1K (2026-02-11)Kedia Gunjan — routine flow, 51.4K (2026-02-11)Richard Jodi L — routine flow, 41.1K (2026-02-11)Barcelos Elcio R.T. — routine flow, 32.3K (2026-02-11)Badran Souheil — routine flow, 34.5K (2026-02-11)Kelso Courtney — routine flow, 1,845 (2026-02-27)CECERE ANDREW — routine flow, 26.2K (2026-02-28)CHOSY JAMES L — routine flow, 4,320 (2026-02-28)Runkel Mark G. — routine flow, 3,549 (2026-02-28)Kedia Gunjan — routine flow, 20.5K (2026-02-28)Richard Jodi L — routine flow, 8,666 (2026-02-28)Stark Lisa R — routine flow, 3,504 (2026-02-28)Barcelos Elcio R.T. — routine flow, 5,923 (2026-02-28)Badran Souheil — routine flow, 6,004 (2026-02-28)Stern John C — routine flow, 5,227 (2026-02-28)Dilip Venkatachari — routine flow, 4,194 (2026-02-28)Philipson Stephen L — routine flow, 11.9K (2026-02-28)Roy Arijit — routine flow, 3,118 (2026-02-28)CECERE ANDREW — routine flow, 83.7K (2026-03-02)CHOSY JAMES L — routine flow, 39.5K (2026-03-05)Runkel Mark G. — routine flow, 22.1K (2026-03-05)Kedia Gunjan — routine flow, 128.9K (2026-03-05)Richard Jodi L — routine flow, 51.2K (2026-03-05)Stark Lisa R — routine flow, 17K (2026-03-05)Barcelos Elcio R.T. — routine flow, 38.1K (2026-03-05)Badran Souheil — routine flow, 37.2K (2026-03-05)Stern John C — routine flow, 27.2K (2026-03-05)Dilip Venkatachari — routine flow, 21.4K (2026-03-05)Philipson Stephen L — routine flow, 31.4K (2026-03-05)Roy Arijit — routine flow, 14.5K (2026-03-05)Kelso Courtney — routine flow, 13.4K (2026-03-05)CHOSY JAMES L — routine flow, 28.7K (2026-07-23)Routine: vests, tax, giftsKotwal Shailesh M (Officer) — Discretionary sale: 7,954 @ $40.07 = $319K (2023-12-08)Kotwal Shailesh M (Officer) — Discretionary sale: 2,046 @ $40.34 = $83K (2023-12-11)DOLAN TERRANCE R (Officer) — Discretionary sale: 22.8K @ $45.04 = $1M (2023-12-14)Welsh Timothy A (Officer) — Discretionary sale: 12.1K @ $40.33 = $488K (2024-01-18)DOLAN TERRANCE R (Officer) — Discretionary sale: 26.6K @ $43.37 = $1.2M (2024-01-30)CECERE ANDREW (CEO) — Discretionary sale: 93.4K @ $41.35 = $3.9M (2024-02-15)CHOSY JAMES L (Officer) — Discretionary sale: 21.6K @ $41.47 = $895K (2024-02-16)Kotwal Shailesh M (Officer) — Discretionary sale: 35K @ $49.74 = $1.7M (2024-10-17)Richard Jodi L (Officer) — Discretionary sale: 25K @ $49.03 = $1.2M (2024-10-18)DOLAN TERRANCE R (Officer) — Discretionary sale: 66.3K @ $46.96 = $3.1M (2025-02-03)Stark Lisa R (Officer) — Discretionary sale: 3,209 @ $47.1 = $151K (2025-02-03)CECERE ANDREW (CEO) — Discretionary sale: 102K @ $47.25 = $4.8M (2025-02-04)CHOSY JAMES L (Officer) — Discretionary sale: 21.5K @ $47.65 = $1M (2025-02-05)Richard Jodi L (Officer) — Discretionary sale: 30K @ $47.59 = $1.4M (2025-02-06)Roy Arijit (Officer) — Discretionary sale: 2,237 @ $43.68 = $98K (2025-03-07)Stark Lisa R (Officer) — Discretionary sale: 19.9K @ $46.4 = $923K (2025-07-21)Badran Souheil (Officer) — Discretionary sale: 23.7K @ $46.34 = $1.1M (2025-07-21)CECERE ANDREW (Director) — Discretionary sale: 140.4K @ $46.35 = $6.5M (2025-10-20)CHOSY JAMES L (Officer) — Discretionary sale: 26.9K @ $46.86 = $1.3M (2025-10-20)Barcelos Elcio R.T. (Officer) — Discretionary sale: 17.2K @ $58.43 = $1M (2026-02-03)Runkel Mark G. (Officer) — Discretionary sale: 32.2K @ $60.65 = $2M (2026-02-06)Richard Jodi L (Officer) — Discretionary sale: 40K @ $57 = $2.3M (2026-04-21)Dilip Venkatachari (Officer) — Discretionary sale: 34.5K @ $55.52 = $1.9M (2026-05-05)Philipson Stephen L (Officer) — Discretionary sale: 36.9K @ $63.08 = $2.3M (2026-07-20)CHOSY JAMES L (Officer) — Discretionary sale: 23K @ $63.28 = $1.5M (2026-07-23)Gillani Aleem (Director) — Open-market buy: 10K @ $44.99 = $450K (2024-07-18)Gillani Aleem (Director) — Open-market buy: 5,000 @ $37.32 = $187K (2025-04-21)Cecere $6.5MCecere $4.8M

Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.

Where the shares went, last 12 months

Granted: 685.8KGranted 685.8KVested / exercised: 209.9KVested / exercised 209.9KWithheld for tax: 311.3KWithheld for tax 311.3KDiscretionary sales: 351.1KDiscretionary sales 351.1KGifts: 8,469Gifts 8,469Kept: 224.9KKept 224.9K

Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.

Who holds what

Insider Role Shares held Buys 12 m Sales 12 m 12 m Last trade
CECERE ANDREW Director 1.4M $6.5M 2025-10-20
Kedia Gunjan President & CEO CEO 426.3K 2021-04-21
CHOSY JAMES L Senior EVP and General Counsel Officer 275.7K $2.7M 2026-07-23
DOLAN TERRANCE R Vice Chairman Officer 247.3K 2025-02-03
Richard Jodi L Vice Chair Officer 207.3K $2.3M 2026-04-21
Welsh Timothy A Vice Chair Officer 170K 2024-01-18
Kotwal Shailesh M Vice Chair Officer 136.1K 2024-10-17
Runkel Mark G. Vice Chair Officer 120.8K $2M 2026-02-06
Barcelos Elcio R.T. Senior EVP, Chief HR Officer Officer 119.9K $1M 2026-02-03
Stern John C Vice Chair and CFO CFO 107.5K
Badran Souheil SEVP, Chief Operations Officer Officer 100.8K 2025-07-21
Philipson Stephen L Vice Chair Officer 75K $2.3M 2026-07-20
Stark Lisa R EVP and Controller Officer 53.2K 2025-07-21
Dilip Venkatachari SEVP & Chief Info & Tech Off Officer 51.3K $1.9M 2026-05-05

Open-market trade log

Date Insider Type Shares Price Value Since trade Filed
2026-07-23 CHOSY JAMES L (Officer) Discretionary sale 23K $63.28 $1.5M 0% 2026-07-24
2026-07-20 Philipson Stephen L (Officer) Discretionary sale 36.9K $63.08 $2.3M +0.3% 2026-07-22
2026-05-05 Dilip Venkatachari (Officer) Discretionary sale 34.5K $55.52 $1.9M +14% 2026-05-06
2026-04-21 Richard Jodi L (Officer) Discretionary sale 40K $57.00 $2.3M +11% 2026-04-22
2026-02-06 Runkel Mark G. (Officer) Discretionary sale 32.2K $60.65 $2M +4.3% 2026-02-09
2026-02-03 Barcelos Elcio R.T. (Officer) Discretionary sale 17.2K $58.43 $1M +8.3% 2026-02-04
2025-10-20 CECERE ANDREW (Director) Discretionary sale 140.4K $46.35 $6.5M +36.5% 2025-10-21
2025-10-20 CHOSY JAMES L (Officer) Discretionary sale 26.9K $46.86 $1.3M +35% 2025-10-21
2025-07-21 Stark Lisa R (Officer) Discretionary sale 19.9K $46.40 $923K +36.4% 2025-07-22
2025-07-21 Badran Souheil (Officer) Discretionary sale 23.7K $46.34 $1.1M +36.6% 2025-07-22
2025-04-21 Gillani Aleem (Director) Open-market buy 5,000 $37.32 $187K +69.6% 2025-04-21
2025-03-07 Roy Arijit (Officer) Discretionary sale 2,237 $43.68 $98K +44.9% 2025-03-10
2025-02-06 Richard Jodi L (Officer) Discretionary sale 30K $47.59 $1.4M +33% 2025-02-07
2025-02-05 CHOSY JAMES L (Officer) Discretionary sale 21.5K $47.65 $1M +32.8% 2025-02-07
2025-02-04 CECERE ANDREW (CEO) Discretionary sale 102K $47.25 $4.8M +33.9% 2025-02-05
2025-02-03 DOLAN TERRANCE R (Officer) Discretionary sale 66.3K $46.96 $3.1M +34.8% 2025-02-05
2025-02-03 Stark Lisa R (Officer) Discretionary sale 3,209 $47.10 $151K +34.4% 2025-02-05
2024-10-18 Richard Jodi L (Officer) Discretionary sale 25K $49.03 $1.2M +29.1% 2024-10-21
2024-10-17 Kotwal Shailesh M (Officer) Discretionary sale 35K $49.74 $1.7M +27.2% 2024-10-21
2024-07-18 Gillani Aleem (Director) Open-market buy 10K $44.99 $450K +40.7% 2024-07-18
2024-02-16 CHOSY JAMES L (Officer) Discretionary sale 21.6K $41.47 $895K +52.6% 2024-02-20
2024-02-15 CECERE ANDREW (CEO) Discretionary sale 93.4K $41.35 $3.9M +53% 2024-02-16
2024-01-30 DOLAN TERRANCE R (Officer) Discretionary sale 26.6K $43.37 $1.2M +45.9% 2024-02-01
2024-01-18 Welsh Timothy A (Officer) Discretionary sale 12.1K $40.33 $488K +56.9% 2024-01-19
2023-12-14 DOLAN TERRANCE R (Officer) Discretionary sale 22.8K $45.04 $1M +40.5% 2023-12-15
2023-12-11 Kotwal Shailesh M (Officer) Discretionary sale 2,046 $40.34 $83K +56.9% 2023-12-11
2023-12-08 Kotwal Shailesh M (Officer) Discretionary sale 5,000 $40.36 $202K +56.8% 2023-12-11
2023-12-07 Kotwal Shailesh M (Officer) Discretionary sale 2,954 $39.57 $117K +59.9% 2023-12-11
2023-08-10 Welsh Timothy A (Officer) Discretionary sale 13.8K $39.79 $550K +59% 2023-08-11
2023-08-08 DOLAN TERRANCE R (CFO) Discretionary sale 26K $39.75 $1M +59.2% 2023-08-10
2023-07-06 Kelligrew James B (Officer) Open-market buy 31 $15.46 $479 +309.3% 2023-10-20 late
2023-07-06 Kelligrew James B (Officer) Open-market buy 66 $16.26 $1K +289.2% 2023-10-20 late
2023-07-06 Kelligrew James B (Officer) Open-market buy 80 $16.26 $1K +289.2% 2023-10-20 late
2023-06-01 Kelligrew James B (Officer) Open-market buy 25 $19.56 $489 +223.5% 2023-10-20 late
2023-05-16 Kelligrew James B (Officer) Open-market buy 34 $16.25 $553 +289.4% 2023-10-20 late
2023-05-08 Kelligrew James B (Officer) Open-market buy 16.3K $30.60 $498K +313.6% 2023-05-09
2023-05-05 McKenney Richard P (Director) Open-market buy 20K $30.37 $607K +316.7% 2023-05-05
2023-04-28 Wine Scott W. (Director) Open-market buy 30.4K $32.85 $1000K +285.3% 2023-05-01
2023-04-21 Colberg Alan B. (Director) Open-market buy 10K $34.14 $341K +270.7% 2023-04-24
2023-03-17 Kelligrew James B (Officer) Open-market buy 38 $20.95 $796 +504.1% 2023-10-20 late
2023-01-26 Kelligrew James B (Officer) Discretionary sale 3 $21.26 $64 +495.3% 2023-10-20 late
2023-01-26 Kelligrew James B (Officer) Discretionary sale 10 $18.22 $182 +594.6% 2023-10-20 late
2023-01-26 Kelligrew James B (Officer) Discretionary sale 10 $18.95 $190 +567.9% 2023-10-20 late
2023-01-19 Kelligrew James B (Officer) Open-market buy 2 $18.59 $37 +580.8% 2023-10-20 late
2023-01-19 Kelligrew James B (Officer) Discretionary sale 2 $17.75 $36 +613% 2023-10-20 late
2023-01-17 Kelligrew James B (Officer) Open-market buy 863 $47.67 $41K +165.5% 2023-10-20 late
2023-01-13 Kelligrew James B (Officer) Open-market buy 4 $46.83 $187 +170.3% 2023-10-20 late
2023-01-13 Kelligrew James B (Officer) Open-market buy 403 $46.83 $19K +170.3% 2023-10-20 late
2022-12-21 Kelligrew James B (Officer) Open-market buy 24 $19.55 $469 +547.4% 2023-10-20 late
2022-12-21 Kelligrew James B (Officer) Open-market buy 56 $17.44 $977 +625.7% 2023-10-20 late
2022-12-21 Kelligrew James B (Officer) Open-market buy 68 $17.44 $1K +625.7% 2023-10-20 late
2022-12-15 Kelligrew James B (Officer) Discretionary sale 868 $42.73 $37K +196.2% 2023-10-20 late
2022-12-12 CECERE ANDREW (CEO) Discretionary sale 84.9K $43.51 $3.7M +190.9% 2022-12-14
2022-11-18 DOLAN TERRANCE R (CFO) Discretionary sale 15K $43.34 $650K +192% 2022-11-21
2022-11-09 Kelligrew James B (Officer) Open-market buy 25 $16.69 $417 +658.3% 2023-10-20 late
2022-11-09 Kelligrew James B (Officer) Open-market buy 99 $16.70 $2K +657.8% 2023-10-20 late
2022-11-09 Kelligrew James B (Officer) Open-market buy 120 $16.70 $2K +657.8% 2023-10-20 late
2022-11-08 von Gillern Jeffry H. (Officer) Discretionary sale 27.2K $43.99 $1.2M +187.7% 2022-11-09
2022-11-08 Welsh Timothy A (Officer) Discretionary sale 19K $43.92 $834K +188.2% 2022-11-10
2022-11-07 DOLAN TERRANCE R (CFO) Discretionary sale 12K $43.14 $518K +193.4% 2022-11-09

“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.

Filing hygiene

207 Forms 4, 3 years
4 filed late
1 amendments
50.8 avg. days to file

How to read this

A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.

Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.

Every number on this page comes from Forms 3, 4 and 5 filed with the SEC, refreshed daily. Browse the source filings on SEC EDGAR. Data through 2026-08-06