James L. Chosy - Feb 16, 2024 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Senior EVP and General Counsel
Signature
/s/ James L. Chosy
Stock symbol
USB
Transactions as of
Feb 16, 2024
Transactions value $
-$9,280
Form type
4
Date filed
2/20/2024, 04:58 PM
Previous filing
Mar 7, 2023
Next filing
Feb 23, 2024

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 $886K +22K +13.36% $40.32 186K Feb 16, 2024 Direct
transaction USB Common Stock, $0.01 par value Sale -$895K -21.6K -11.57% $41.47 165K Feb 16, 2024 Direct F1
holding USB Common Stock, $0.01 par value 1.44K Feb 16, 2024 By Spouse's Trust
holding USB Common Stock, $0.01 par value 343 Feb 16, 2024 By Trust

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 -22K -100% $0.00* 0 Feb 16, 2024 Common Stock, $0.01 par value 22K $40.32 Direct F2
* 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 $41.47 to $41.485. 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 The option vested in four equal annual installments beginning February 20, 2015.