Remington Troy William, the Executive Vice President and Interim Chief Risk Officer of U.S. Bancorp, has disclosed his ownership of 30,754 shares of the company. This filing is significant as it underscores the importance of transparency regarding executive ownership in the banking sector.
U.S. Bancorp, identified by the Central Index Key 0000036104, operates within the national commercial banks industry. The company is headquartered in Minneapolis, Minnesota, and has a fiscal year ending on December 31. The recent filing, dated November 2, 2026, is part of the ongoing regulatory requirements for executives to report their ownership stakes.
The filing reveals that Remington's reported shares include 28,185 unvested restricted stock units. According to the document, "This number includes 28,185 unvested restricted stock units." This level of ownership is noteworthy as it reflects the executive's stake and alignment with shareholder interests.
This disclosure may affect various stakeholders, including shareholders, regulatory bodies, and competitors within the national commercial banking sector. Transparency in ownership can influence investor confidence and perceptions of corporate governance.
The filing does not specify what happens next regarding Remington's ownership or any potential future transactions.
In addition to his current holdings, Remington Troy William's filing indicates that he is an officer of U.S. Bancorp, holding the title of Executive Vice President and Interim Chief Risk Officer. This role places him in a significant position within the company, where he is responsible for overseeing risk management strategies and policies.
The filing also specifies that Remington's ownership includes 30,754 shares of common stock, which have a par value of $0.01. This detail highlights the nature of the securities he holds, which are essential for understanding the financial implications of his ownership.
Furthermore, the filing mentions that the report was submitted using the SEC's Electronic Data Gathering and Retrieval (EDGAR) system, which is a standard procedure for regulatory compliance. This reflects the company's commitment to transparency and adherence to SEC regulations.
Interestingly, the filing does not provide any information regarding any planned sales or transactions involving Remington's shares in the near future, nor does it detail any potential changes in his role within the company.
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