Gunjan Kedia - 11 Feb 2026 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role: President & CEO, Director
Signature: /s/ James L. Chosy by power of attorney for Gunjan Kedia
Issuer symbol: USB
Transactions as of: 11 Feb 2026
Net transactions value: $0
Form type: 4
Filing time: 12 Feb 2026, 16:46:32 UTC
Previous filing: 04 Mar 2025
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Kedia Gunjan	President & CEO, Director	800 NICOLLET MALL, MINNEAPOLIS	/s/ James L. Chosy by power of attorney for Gunjan Kedia	12 Feb 2026	0001628719

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	+51,423	+16%	$0.000000	375,321	11 Feb 2026	Direct	F1

* 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 2, 2026. These units made up 60% of the grant date fair market value of the reporting person's 2023 long-term incentive compensation award granted on March 2, 2023. The number of units earned and eligible to be settled in shares of common stock was determined on February 11, 2026 based on the company's performance against certain preset performance targets during a three-year performance period of January 1, 2023, to December 31, 2025.

Content

These performance-based restricted stock units vest on March 2, 2026. These units made up 60% of the grant date fair market value of the reporting person's 2023 long-term incentive compensation award granted on March 2, 2023. The number of units earned and eligible to be settled in shares of common stock was determined on February 11, 2026 based on the company's performance against certain preset performance targets during a three-year performance period of January 1, 2023, to December 31, 2025.