Terrance R. Dolan - Feb 3, 2025 Form 4 Insider Report for US BANCORP \DE\ (USB)

Role
Vice Chair
Signature
/s/ James L. Chosy by power of attorney for Terrance R. Dolan
Stock symbol
USB
Transactions as of
Feb 3, 2025
Transactions value $
-$361,540
Form type
4
Date filed
2/5/2025, 05:10 PM
Previous filing
Mar 6, 2024
Next filing
Feb 13, 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 Options Exercise $1.48M +37.5K +17.88% $39.49 247K Feb 3, 2025 Direct
transaction USB Common Stock, $0.01 par value Options Exercise $1.18M +26.5K +10.74% $44.32 273K Feb 3, 2025 Direct
transaction USB Common Stock, $0.01 par value Options Exercise $97.6K +2.33K +0.85% $41.88 276K Feb 3, 2025 Direct
transaction USB Common Stock, $0.01 par value Sale -$3.11M -66.3K -24.05% $46.96 209K Feb 3, 2025 Direct F1
holding USB Common Stock, $0.01 par value 8.06K Feb 3, 2025 By 401(k) plan F2

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 -37.5K -100% $0.00 0 Feb 3, 2025 Common Stock, $0.01 par value 37.5K $39.49 Direct F3
transaction USB Employee Stock Option (Right to Buy) Options Exercise $0 -26.5K -100% $0.00 0 Feb 3, 2025 Common Stock, $0.01 par value 26.5K $44.32 Direct F4
transaction USB Employee Stock Option (Right to Buy) Options Exercise $0 -2.33K -100% $0.00 0 Feb 3, 2025 Common Stock, $0.01 par value 2.33K $41.88 Direct F3
* 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 $46.94 to $46.995. 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 Based on a plan report dated February 3, 2025, the most recent plan report available.
F3 The options vested in four equal annual installments beginning on February 18, 2017.
F4 The options vested in four equal annual installments beginning on February 19, 2016.