Mark G. Runkel - 11 Feb 2025 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Sr. Exec. VP
Signature
/s/ James L. Chosy by power of attorney for Mark G. Runkel
Issuer symbol
USB
Transactions as of
11 Feb 2025
Net transactions value
$0
Form type
4
Filing time
13 Feb 2025, 16:42:55 UTC
Previous filing
22 Oct 2024
Next filing
03 Mar 2025
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 Award $0 +16,187 +17% $0.000000 112,953 11 Feb 2025 Direct F1
holding USB Common Stock, $0.01 par value 438 11 Feb 2025 By 401(k) plan F2
holding USB Common Stock, $0.01 par value 2,846 11 Feb 2025 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These performance-based restricted stock units vest on March 3, 2025. These units made up 60% of the grant date fair market value of the reporting person's 2022 long-term incentive compensation award granted on March 3, 2022. The number of units earned and eligible to be settled in shares of common stock was determined on February 11, 2025 based on the company's performance against certain preset performance targets during a three-year performance period of January 1, 2022, to December 31, 2024.
F2 Based on a plan report dated February 3, 2025, the most recent plan report available.