Terrance R. Dolan - 30 Jan 2024 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Vice Chair
Signature
/s/ James L. Chosy by power of attorney for Terrance R. Dolan
Issuer symbol
USB
Transactions as of
30 Jan 2024
Net transactions value
-$81,184
Form type
4
Filing time
01 Feb 2024, 17:04:30 UTC
Previous filing
15 Dec 2023
Next filing
23 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USB Common Stock, $0.01 par value Options Exercise $1,071,827 +26,583 +18% $40.32 170,819 30 Jan 2024 Direct
transaction USB Common Stock, $0.01 par value Sale $1,153,011 -26,583 -16% $43.37 144,236 30 Jan 2024 Direct F1
holding USB Common Stock, $0.01 par value 7,575 30 Jan 2024 By 401(k) plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USB Employee Stock Option (Right to Buy) Options Exercise $0 -26,583 -100% $0.000000* 0 30 Jan 2024 Common Stock, $0.01 par value 26,583 $40.32 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $43.37 to $43.385. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2 Based on a plan report dated December 31, 2023, the most recent plan report available.
F3 The options vested in four equal annual installments beginning on February 20, 2015.