Aleem Gillani - Jul 16, 2024 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Director
Signature
/s/ James L. Chosy by power of attorney for Aleem Gillani
Stock symbol
USB
Transactions as of
Jul 16, 2024
Transactions value $
$449,900
Form type
4
Date filed
7/18/2024, 04:16 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USB Common Stock, $0.01 par value Purchase $450K +10K $44.99 10K Jul 18, 2024 Direct

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 +3.56K $0.00 3.56K Jul 16, 2024 Common Stock, $0.01 par value 3.56K 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.