undamentalytics Newsletter

U.S. Bancorp insider trading

Every open-market purchase and sale by U.S. Bancorp's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
U.S. Bancorp insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following U.S. Bancorp’s insiders pay?

From January 25, 2010 to August 31, 2026, 48 insiders reported 15 open-market purchases and 313 sales not made under a pre-set plan in U.S. Bancorp. Twelve months after each purchase was reported, the shares were +12.8% against the S&P 500 on average (median +16.2%), over 15 purchases with a full year of prices; 80% beat the index. After sales, the shares moved −3.5% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on August 11, 2011 into $35,797 by November 2, 2026, +8.8% a year. It held shares 32% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $27,000 (+6.8% a year), and held throughout $84,155 (+15.1%).

$0$25.0k$50.0k$75.0k 20112013201520172019202120232025 $84.2k$35.8k$27.0k
Copying U.S. Bancorp's insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by U.S. Bancorp's insiders from August 11, 2011, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 32% of the time.
U.S. Bancorp: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Dolan Terrance R Vice Chair 1 +28.5% (1) 100% 24 −6.8% (24) February 5, 2025
Carlson Jennie P EVP, Human Resources 0 — — 23 −2.7% (23) February 7, 2017
Mitau Lee R EVP, General Counsel, and Sec. 2 −3.0% (2) 50% 18 −3.0% (18) February 19, 2013
Payne Richard B Jr Vice Chairman 0 — — 20 −1.4% (20) February 17, 2016
Cecere Andrew Chairman and CEO 0 — — 18 −3.5% (18) October 21, 2025
Von Gillern Jeffry H. Vice Chair 0 — — 18 −10.9% (18) November 9, 2022
Collins Arthur D Jr Director 0 — — 13 +2.6% (13) October 24, 2016
Gifford Craig E EVP and Controller 0 — — 13 −1.1% (13) March 1, 2018
Joseph Pamela A Vice Chairman 0 — — 11 −3.4% (11) May 12, 2015
Kelligrew James B Vice Chair 5 +22.9% (5) 100% 6 +1.9% (6) October 20, 2023
Parker P.W. Vice Chairman 0 — — 11 −2.9% (11) February 22, 2018
Levin Jerry W Director 0 — — 10 +5.7% (10) July 24, 2014
Davis Richard K Chairman and CEO 0 — — 9 −6.5% (9) January 27, 2017
Elmore John R. Vice Chairman 0 — — 9 −3.3% (9) November 15, 2018
Owens Odell M Director 0 — — 9 +1.1% (9) April 27, 2016
Schnuck Craig D Director 0 — — 9 −3.0% (9) November 17, 2016
Hoesley Joseph C Vice Chairman 1 +4.6% (1) 100% 6 −1.8% (6) April 24, 2014
Omaley David B Director 0 — — 7 −11.7% (7) September 16, 2019
Stokes Patrick T Director 0 — — 7 −0.1% (7) October 23, 2015
Stone Kent V. Vice Chairman 0 — — 7 −3.2% (7) January 31, 2017
Godridge Leslie V Vice Chair 0 — — 6 −20.5% (6) November 21, 2019
Hartnack Richard C Vice Chairman 0 — — 6 −1.8% (6) February 13, 2013
Runkel Mark G. Vice Chair 0 — — 6 −21.1% (5) February 9, 2026
Chosy James L Senior EVP and General Counsel 0 — — 5 −3.4% (4) July 24, 2026
Kotwal Shailesh M Vice Chair 0 — — 5 −20.1% (5) October 21, 2024
Hidy Richard J EVP and Chief Risk Officer 0 — — 4 −3.1% (4) November 13, 2013
Lafontaine Michael S. EVP, Chief Oper. Risk Officer 0 — — 4 −0.8% (4) May 9, 2014
Reiten Richard G Director 0 — — 4 +6.3% (4) October 27, 2011
Richard Jodi L Vice Chair 0 — — 4 −12.7% (3) April 22, 2026
Welsh Timothy A Vice Chair 0 — — 3 −14.7% (3) January 19, 2024
Gillani Aleem Director 2 +3.3% (2) 50% 0 — April 21, 2025
Gluckman Victoria Buyniski Director 0 — — 2 0.0% (2) November 18, 2014
Kedia Gunjan President & CEO 0 — — 2 −11.9% (1) August 31, 2026
Kirtley Olivia F Director 0 — — 2 +6.3% (2) October 31, 2016
Mccullough Howell D. III EVP and Chief Strategy Officer 0 — — 2 −0.8% (2) February 13, 2013
Stark Lisa R EVP and Controller 0 — — 2 +21.1% (2) July 22, 2025
Badran Souheil SEVP, Chief Operations Officer 0 — — 1 +25.9% (1) July 22, 2025
Barcelos Elcio R.T. Senior EVP, Chief HR Officer 0 — — 1 — February 4, 2026
Belton Y Marc Director 1 −2.9% (1) 0% 0 — October 24, 2013
Berkshire Hathaway Inc 10% owner 0 — — 1 +58.2% (1) May 13, 2020

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). The 40 most active of 48 insiders are shown. A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded U.S. Bancorp

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of U.S. Bancorp in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 1 buying crowd with six months of prices, it averaged +20.6% against the index. After 14 selling crowds, −7.2%. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
September 30, 20263 sellingnot yetnot yetnot yet
July 31, 20263 selling−6.1%not yetnot yet
April 30, 20263 selling+7.9%+1.4%not yet
February 28, 20255 selling−5.4%−2.7%+4.4%
January 31, 20243 selling−4.0%−6.0%−7.3%
May 31, 20234 buying+15.2%+20.6%+14.9%
November 30, 20223 selling+5.4%−34.2%−22.8%
April 30, 20216 selling−11.2%−6.3%−15.6%
November 29, 20197 selling−18.7%−36.9%−42.3%
May 31, 20194 selling−1.7%+6.0%−37.7%
November 30, 20186 selling−6.6%−5.7%−3.0%
February 28, 20186 selling−8.5%−6.7%−7.4%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Latest 12 of 17. Total returns from the month end; past patterns are not a forecast.

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