Richard B. Payne Jr., Vice Chairman at US BANCORP \DE\ (USB), sold 121,118 shares at $40.14 ($4.9M) on 2016-02-16, disclosed to the SEC on 2016-02-17.
Seasonal sale ($4.9M) by Vice Chairman — this insider has traded USB in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $39.65 | 9,000 | $357K | 7.3% |
| 2 | $40.14 | 56,059 | $2.3M | 46.3% |
| 3 | $40.14 | 56,059 | $2.3M | 46.3% |
| Total | $40.10 avg | 121,118 | $4.9M | 100% |
| Filing → |
| USB | SELL | 2015-05-11 | $1.1M | — | Filing → |
| USB | SELL | 2015-02-09 | $4.5M | — | Filing → |
| USB | SELL | 2015-01-23 | $2.2M | — | Filing → |