Barcelos Elcio R.T. 4

What Happened

• Elcio R.T. Barcelos, Senior Executive Vice President and Chief Human Resources Officer of US Bancorp (USB), reported an open-market sale of 17,204 shares on Feb 3, 2026.
• The shares were sold at $58.43 each for a total value of $1,005,230. This was a sale (not a purchase), which is commonly routine insider liquidity rather than a direct bullish signal.

Key Details

• Transaction date: 2026-02-03; reported on Form 4 filed 2026-02-04 (timely filing).
• Price per share: $58.43; shares sold: 17,204; proceeds: $1,005,230.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnotes: no 10b5-1 plan, tax-withholding, or other special notations reported in the excerpt.

Context

• This was an open-market sale (transaction code S). Sales by executives are common for diversification or tax/liquidity reasons and do not by themselves indicate company performance.
• Purchases typically carry more weight as a positive signal; this filing documents a routine insider sale.