US BANCORP \DE\ — Director's Dealing 2007

Oct 24, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2007-10-19

Reporting Person: GRUNDHOFER JERRY A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-19	Common Stock, $0.01 par value	S	600	$31.48	Disposed	176500	Direct
2007-10-19	Common Stock, $0.01 par value	S	100	$31.50	Disposed	176400	Direct
2007-10-19	Common Stock, $0.01 par value	S	1500	$31.51	Disposed	174900	Direct
2007-10-19	Common Stock, $0.01 par value	S	1200	$31.52	Disposed	173700	Direct
2007-10-19	Common Stock, $0.01 par value	S	200	$31.525	Disposed	173500	Direct
2007-10-19	Common Stock, $0.01 par value	S	1800	$31.53	Disposed	171700	Direct
2007-10-19	Common Stock, $0.01 par value	S	4600	$31.54	Disposed	167100	Direct
2007-10-19	Common Stock, $0.01 par value	S	2500	$31.55	Disposed	164600	Direct
2007-10-19	Common Stock, $0.01 par value	S	4200	$31.56	Disposed	160400	Direct
2007-10-19	Common Stock, $0.01 par value	S	2000	$31.57	Disposed	158400	Direct
2007-10-19	Common Stock, $0.01 par value	S	1402	$31.58	Disposed	156998	Direct
2007-10-19	Common Stock, $0.01 par value	S	3100	$31.59	Disposed	153898	Direct
2007-10-19	Common Stock, $0.01 par value	S	200	$31.595	Disposed	153698	Direct
2007-10-19	Common Stock, $0.01 par value	S	1798	$31.60	Disposed	151900	Direct
2007-10-19	Common Stock, $0.01 par value	S	2400	$31.61	Disposed	149500	Direct
2007-10-19	Common Stock, $0.01 par value	S	4500	$31.62	Disposed	145000	Direct
2007-10-19	Common Stock, $0.01 par value	S	1800	$31.63	Disposed	143200	Direct
2007-10-19	Common Stock, $0.01 par value	S	3200	$31.64	Disposed	140000	Direct
2007-10-19	Common Stock, $0.01 par value	S	3100	$31.65	Disposed	136900	Direct
2007-10-19	Common Stock, $0.01 par value	S	2500	$31.66	Disposed	134400	Direct
2007-10-19	Common Stock, $0.01 par value	S	1300	$31.67	Disposed	133100	Direct
2007-10-19	Common Stock, $0.01 par value	S	1700	$31.68	Disposed	131400	Direct
2007-10-19	Common Stock, $0.01 par value	S	3800	$31.69	Disposed	127600	Direct
2007-10-19	Common Stock, $0.01 par value	S	200	$31.70	Disposed	127400	Direct
2007-10-19	Common Stock, $0.01 par value	S	1900	$31.71	Disposed	125500	Direct
2007-10-19	Common Stock, $0.01 par value	S	200	$31.72	Disposed	125300	Direct
2007-10-19	Common Stock, $0.01 par value	S	2800	$31.73	Disposed	122500	Direct
2007-10-19	Common Stock, $0.01 par value	S	2900	$31.74	Disposed	119600	Direct
2007-10-19	Common Stock, $0.01 par value	S	3500	$31.75	Disposed	116100	Direct
2007-10-19	Common Stock, $0.01 par value	S	1498	$31.76	Disposed	114602	Direct