The chief risk officer of bank US Bancorp exercised options for 7,047 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Monday, Richard J. Hidy reported he exercised the options Friday for $21.49 to $21.54 apiece and then sold all the shares the same day for $33.92 to $33.93 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
US Bancorp is based in Minneapolis.
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