Scott W. Wine - 18 Apr 2024 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Director
Signature
James L. Chosy by power of attorney for Scott W. Wine
Issuer symbol
USB
Transactions as of
18 Apr 2024
Net transactions value
+$129,994
Form type
4
Filing time
19 Apr 2024, 17:05:12 UTC
Previous filing
18 Dec 2023
Next filing
17 Dec 2024
SEC
View on sec.gov

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 Deferred Compensation Plan Participation Award $129,994 +3,296 +10% $39.44 36,318 18 Apr 2024 Common Stock, $0.01 par value 3,296 Direct F1, F2
transaction USB Restricted Stock Units Award $0 +4,691 $0.000000 4,691 18 Apr 2024 Common Stock, $0.01 par value 4,691 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred Compensation Plan Participation is payable in common stock when the reporting person ceases to serve on U.S. Bancorp's Board of Directors.
F2 Includes amounts acquired pursuant to dividend reinvestment.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 The restricted stock units were fully vested at the time of grant. Units are payable in common stock in ten equal annual installments 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.