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U.S. Bancorp (USB) President & CEO Gunjan Kedia sold 27,267 shares of common stock for over $1.7 million on Aug. 28
U.S. Bancorp (USB) President & CEO Gunjan Kedia sold 27,267 shares of common stock for over $1.7 million on Aug. 28. The transaction, disclosed in an SEC Form 4 filing, involved a cashless exercise of vested stock options at a strike price of $55.01, followed by an immediate liquidation at a weighted average price of $62.37 per share. Following the sale, Kedia directly holds 426,262 shares, representing a 0.0274% ownership interest in the company.
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