James L. Chosy - 05 Feb 2025 Form 4 Insider Report for US BANCORP \DE\ (USB)

Signature
/s/ James L. Chosy
Issuer symbol
USB
Transactions as of
05 Feb 2025
Net transactions value
-$27,112
Form type
4
Filing time
07 Feb 2025, 16:52:30 UTC
Previous filing
06 Mar 2024
Next filing
13 Feb 2025

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 $995,028 +22,451 +11% $44.32 219,578 05 Feb 2025 Direct
transaction USB Common Stock, $0.01 par value Sale $1,022,140 -21,451 -9.8% $47.65 198,127 05 Feb 2025 Direct F1
holding USB Common Stock, $0.01 par value 1,443 05 Feb 2025 By Spouse's Trust
holding USB Common Stock, $0.01 par value 343 05 Feb 2025 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 -22,451 -100% $0.000000 0 05 Feb 2025 Common Stock, $0.01 par value 22,451 $44.32 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 $47.65 to $47.655. 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 options vested in four equal annual installments beginning on February 19, 2016.