other
confidence high
sentiment neutral
materiality 0.25
U.S. Bancorp announces 401(k) plan blackout period for insiders Dec 24 to Jan 12
US BANCORP DE
- Blackout period Dec 24, 2024 to week of Jan 12, 2025 due to change in 401(k) recordkeeper/trustee and investment options.
- Executive officers and directors prohibited from trading USB common stock during blackout period.
- Participants cannot transfer assets, obtain/pay off loans, take distributions, or direct investments in USB stock fund.
- Notice sent Oct 15, 2024; restrictions apply in addition to existing insider trading policy.
- Violations may result in disgorgement of profits and civil/criminal penalties.