Warner L. Baxter - Apr 18, 2024 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Director
Signature
/s/ James L. Chosy by power of attorney for Warner L. Baxter
Stock symbol
USB
Transactions as of
Apr 18, 2024
Transactions value $
$0
Form type
4
Date filed
4/19/2024, 04:51 PM
Previous filing
Apr 24, 2023
Next filing
May 29, 2024

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 Restricted Stock Units Award $0 +4.69K $0.00 4.69K Apr 18, 2024 Common Stock, $0.01 par value 4.69K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The restricted stock units were fully vested at the time of grant. Units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.