James L. Chosy - Oct 20, 2025 Form 4 Insider Report for US BANCORP \DE\ (USB)

Signature
/s/ James L. Chosy
Stock symbol
USB
Transactions as of
Oct 20, 2025
Transactions value $
-$98,898
Form type
4
Date filed
10/21/2025, 04:33 PM
Previous filing
Jul 31, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
CHOSY JAMES L Senior EVP and General Counsel 800 NICOLLET MALL, MINNEAPOLIS /s/ James L. Chosy 2025-10-21 0001271850

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 $1.16M +29.4K +13.15% $39.49 253K Oct 20, 2025 Direct
transaction USB Common Stock, $0.01 par value Sale -$1.26M -26.9K -10.62% $46.86 226K Oct 20, 2025 Direct F1

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 -29.4K -100% $0.00 0 Oct 20, 2025 Common Stock, $0.01 par value 29.4K $39.49 Direct F2
* 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 $46.86 to $46.875. 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 The options vested in four equal installments beginning on February 18, 2017.