Major Bank CEO Liquidates Over $1.7 Million Worth of Stock
Kedia exercised vested stock options at $55.01 per share and immediately sold them at $62.37, retaining a direct stake of 426,262 shares worth approximately $26.6 million.
Gunjan Kedia, CEO of U.S. Bancorp, sold over $1.7 million worth of the company's stock on August 28, 2026, according to a recent SEC filing. The transaction involved the sale of 27,267 shares at an average price of $62.37 per share. Although the sale was substantial, U.S. Bancorp remains a major player in the financial services industry with a market capitalization of $97.3 billion and annual revenues of $43.7 billion.
The company's diverse business model and extensive network of 68,520 employees allow it to maintain a strong presence in the banking sector.
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- Major Bank CEO Liquidates Over $1.7 Million Worth of Stock finance.yahoo.com
- Major Bank CEO Liquidates Over $1.7 Million Worth of Stock nasdaq.com
