4//SEC Filing
Welsh Timothy A 4
Accession 0001225208-24-003466
CIK 0000036104other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:18 PM ET
Size
8.4 KB
Accession
0001225208-24-003466
Insider Transaction Report
Form 4
Welsh Timothy A
Vice Chairman
Transactions
- Award
Deferred Compensation Plan Participation
2024-03-01$41.96/sh+8,097$339,750→ 41,151 total→ Common Stock, $0.01 par value (8,097 underlying) - Award
Common Stock, $0.01 par value
2024-02-29+47,664→ 195,637 total
Holdings
- 4,054(indirect: By 401(k))
Common Stock, $0.01 par value
Footnotes (4)
- [F1]The restricted stock units vest 33% on each of February 28, 2025 and 2026, and 34% on February 28, 2027. These restricted stock units make up 40% of the value of the reporting person's long-term incentive compensation award granted in 2024. 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 2027 based on the company's performance against certain performance targets from 2024 through 2026 and will be reported at the time of such determination.
- [F2]Based on a plan report dated February 29, 2024, the most recent plan report available.
- [F3]Deferred Compensation Plan Participation is payable in common stock following the termination of the reporting person's employment with U.S. Bancorp.
- [F4]Includes amounts acquired pursuant to dividend reinvestment.
Documents
Issuer
US BANCORP \DE\
CIK 0000036104
Entity typeother
Related Parties
1- filerCIK 0001711665
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 5:18 PM ET
- Size
- 8.4 KB