Colberg Alan B. 4

What Happened
Alan B. Colberg, a director of US Bancorp (USB), was granted 3,355 restricted stock units (RSUs) on 2026-04-23. The grant is reported as an acquisition (derivative) at $0.00 per unit; the units were fully vested at grant but are payable in common stock under the terms described by the company.

Key Details

• Transaction date: 2026-04-23; Form 4 filed: 2026-04-27 (timely filing within the two-business-day window).
• Amount: 3,355 RSUs granted; reported price per unit: $0.00 (no cash purchase).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — RSUs convert into common stock on a one-for-one basis. F2 — RSUs were fully vested at grant; units are payable in common stock when the director ceases board service and is not providing services as an independent contractor; units are forfeited if service is terminated for cause.
• Transaction type code: A (award/grant of a derivative).

Context
RSUs are a form of deferred equity compensation. Although these units were fully vested on grant, payment is deferred until the director leaves (and the units may be forfeited for cause), so this is not an immediate sale or open-market purchase. Grants to directors are common as non-cash compensation and do not by themselves indicate a buying or selling signal.