US BANCORP \DE\ — Director's Dealing 2026

Feb 9, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2026-02-06

Reporting Person: Runkel Mark G. (Vice Chair)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-06	Common Stock, $0.01 par value	M	15339.0000	$55.0100	Acquired	129923.0000	Direct
2026-02-06	Common Stock, $0.01 par value	S	32195.0000	$60.6480	Disposed	97728.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-06	Employee Stock Option (Right to Buy)	$55.0100	M	15339.0000	Disposed	2027-02-16	Common Stock, $0.01 par value (15339.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	458.0000	Indirect
Common Stock, $0.01 par value	2846.0000	Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $60.630 to $60.661. 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 2, 2026, the most recent plan report available.

F3: The options vested in four equal installments beginning on February 16, 2018.