Stephen L. Philipson - 05 Mar 2026 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Vice Chair
Signature
/s/ James L. Chosy by power of attorney for Stephen L. Philipson
Issuer symbol
USB
Transactions as of
05 Mar 2026
Net transactions value
$0
Form type
4
Filing time
09 Mar 2026, 16:25:28 UTC
Previous filing
03 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Philipson Stephen L Vice Chair 800 NICOLLET MALL, MINNEAPOLIS /s/ James L. Chosy by power of attorney for Stephen L. Philipson 09 Mar 2026 0002054821

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USB Common Stock, $0.01 par value Award +28,195 +34% $0.000000* 111,830 05 Mar 2026 Direct F1
holding USB Common Stock, $0.01 par value 504 05 Mar 2026 By 401(k) plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest 33% on each of March 5, 2027 and 2028, and 34% on March 5, 2029. These restricted stock units make up 40% of the value of the reporting person's long-term incentive compensation award granted in 2026. The remaining 60% of the award value was granted in the form of performance-based restricted stock units. The number of units that will be earned and eligible to be settled in shares of common stock will be determined in early 2029 based on the company's performance against certain performance targets from 2026 through 2028 and will be reported at the time of such determination.
F2 Based on a plan report dated February 27, 2026, the most recent plan report available.