Shailesh M Kotwal has sold USB and made no open-market buys since Jul 2019

Shailesh M. Kotwal is an international financial services executive and corporate insider who serves as vice chair of Payment Services at U.S. Bancorp (USB), the parent company of U.S. Bank.( He has led the company’s Payments business since 2015, overseeing consumer debit and credit cards, corporate payments and purchasing solutions, institutional transaction banking, and merchant acquiring, and has also served as chairman of Elavon, Inc. and held board roles at The Clearing House Payments Company and Early Warning.( Kotwal’s recent insider activity includes multiple Form 4‑reported trades in U.S. Bancorp stock, such as the sale of 35,000 shares of common stock on October 17, 2024, while retaining more than 130,000 shares in the company.(

Kotwal has spent roughly 35 years in international financial services, with extensive experience across payments, consumer banking, treasury management, transaction services, wealth management, and lending products in more than 30 countries.( Based in the Minneapolis area during his tenure at U.S. Bancorp, he has been a key figure in expanding the bank’s digital- and card-based payments and money‑movement capabilities for consumers, businesses, and institutions across multiple continents.( He holds a bachelor’s degree from the University of Mumbai, reflecting an academic foundation in India before building a global executive career in North America and Europe.( In 2024 U.S. Bancorp announced that Kotwal, then age 60, intends to retire from his role in the first half of 2025, remaining in post for a transition period while new leadership for Payment Services is selected.(

Written by Perplexity from public sources.