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

Role
Senior EVP and General Counsel
Signature
/s/ James L. Chosy
Issuer symbol
USB
Transactions as of
16 Feb 2024
Net transactions value
-$9,280
Form type
4
Filing time
20 Feb 2024, 16:58:01 UTC
Previous filing
07 Mar 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 $885,790 +21,969 +13% $40.32 186,462 16 Feb 2024 Direct
transaction USB Common Stock, $0.01 par value Sale $895,070 -21,582 -12% $41.47 164,880 16 Feb 2024 Direct F1
holding USB Common Stock, $0.01 par value 1,443 16 Feb 2024 By Spouse's Trust
holding USB Common Stock, $0.01 par value 343 16 Feb 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 -21,969 -100% $0.000000* 0 16 Feb 2024 Common Stock, $0.01 par value 21,969 $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.