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

Reporting relationship: Vice Chair
Issuer ticker: USB
Reported as of: 05 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 09 Mar 2026, 16:25:28 UTC
Prior SEC filing: 03 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ James L. Chosy by power of attorney for Stephen L. Philipson

Key filing fact

Stephen L. Philipson filed Form 4 for US BANCORP \DE\ (USB) on 09 Mar 2026.

Key facts

This page summarizes Stephen L. Philipson's Form 4 filing for US BANCORP \DE\ (USB).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 09 Mar 2026, 16:25.

Change

Previous filing in this sequence was filed on 03 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002054821 Primary reporting owner

Philipson Stephen L

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

USB transaction

Common Stock, $0.01 par value

Award

Transaction value
Shares: +28,195
Change %: +34%
Price: $0.000000^*
Shares after: 111,830
Date: 05 Mar 2026
Ownership: Direct
Footnotes: F1

USB holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 504
Date: 05 Mar 2026
Ownership: By 401(k) plan
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

Based on a plan report dated February 27, 2026, the most recent plan report available.