AI assistant
US BANCORP \DE\ — Director's Dealing 2023
Mar 6, 2023
29924_dirs_2023-03-06_8a46aa01-008d-4e49-9b76-d2721e196551.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2023-03-02
Reporting Person: Quinn Katherine B (Vice Chair)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-02 | Common Stock, $0.01 par value | A | 21594.0000 | $0.0000 | Acquired | 147251.0000 | Direct |
| 2023-03-03 | Common Stock, $0.01 par value | F | 2411.0000 | $46.3100 | Disposed | 144840.0000 | Direct |
Footnotes
F1: The restricted stock units vest 33% on each of March 2, 2024 and 2025, and 34% on March 2, 2026. These restricted stock units make up 40% of the value of the reporting person's long-term incentive compensation award granted in 2023. 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 2026 based on the company's performance against certain performance targets from 2023 through 2025 and will be reported at the time of such determination.