US Bancorp (USB) director Dorothy J. Bridges receives 3,355 RSU award

Rhea-AI Filing Summary

Bridges Dorothy J reported acquisition or exercise transactions in this Form 4 filing.

US Bancorp director Dorothy J. Bridges received a grant of 3,355 restricted stock units (RSUs) on common stock as compensation. The RSUs were fully vested at the time of grant and will be paid out in an equal number of common shares when she leaves the Board and is no longer an independent contractor, provided her service is not terminated for cause. After this award, she holds 3,355 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bridges Dorothy J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	3,355	$0.00	--

Holdings After Transaction: Restricted Stock Units — 3,355 shares (Direct, null)

Footnotes (1)

1. Restricted stock units convert into common stock on a one-for-one basis. The restricted stock units were fully vested at the time of grant. Units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.

Key Figures

RSUs granted: 3,355 units Grant price per unit: $0.00 Underlying common shares: 3,355 shares +1 more

4 metrics

RSUs granted 3,355 units Restricted stock units granted on 2026-04-23

Grant price per unit $0.00 RSU award with no exercise price

Underlying common shares 3,355 shares One-for-one conversion into common stock

Holdings after transaction 3,355 RSUs Total derivative holdings following the grant

Key Terms

Restricted Stock Units, one-for-one basis, Board of Directors, terminated for cause

4 terms

Restricted Stock Units financial

"The restricted stock units were fully vested at the time of grant."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

one-for-one basis financial

"Restricted stock units convert into common stock on a one-for-one basis."

Board of Directors financial

"payable in common stock when the reporting person ceases to serve on the Board of Directors"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

terminated for cause financial

"all units are forfeited if the holder's service is terminated for cause."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bridges Dorothy J

(Last) (First) (Middle)

C/O U.S. BANCORP

800 NICOLLET MALL

(Street)

MINNEAPOLIS MINNESOTA 55402

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
US BANCORP \DE\ [ USB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	04/23/2026		A		3,355		04/23/2026(2)	(2)	Common Stock, $0.01 par value	3,355	$0.0000	3,355	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. The restricted stock units were fully vested at the time of grant. Units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.

	/s/ James L. Chosy by power of attorney for Dorothy J. Bridges	04/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Dorothy J. Bridges report for US Bancorp (USB)?

Dorothy J. Bridges reported receiving 3,355 restricted stock units in US Bancorp. These RSUs are a form of equity compensation that convert into common stock on a one-for-one basis, giving her 3,355 underlying common shares tied to her Board service.

When do Dorothy J. Bridges’ US Bancorp RSUs convert into common stock?

The RSUs convert into US Bancorp common stock when Dorothy J. Bridges ceases serving on the Board and is not providing services as an independent contractor. At that time, she will receive one share of common stock for each restricted stock unit granted.

Are Dorothy J. Bridges’ US Bancorp restricted stock units already vested?

Yes, the 3,355 restricted stock units granted to Dorothy J. Bridges were fully vested at the time of grant. Although vested, they are only payable in common stock after she leaves the Board and stops serving as an independent contractor to the company.

What happens to Dorothy J. Bridges’ US Bancorp RSUs if her service ends for cause?

If Dorothy J. Bridges’ service with US Bancorp is terminated for cause, all of her restricted stock units are forfeited. In that case, she would not receive the underlying common stock associated with the 3,355 RSUs granted.

How many US Bancorp securities does Dorothy J. Bridges hold after this RSU grant?

Following this grant, Dorothy J. Bridges holds 3,355 restricted stock units in US Bancorp. Each unit represents the right to receive one share of common stock in the future, subject to her continued service and the forfeiture conditions described.