US Bancorp (NYSE: USB) Sr. Exec. VP reports tax-driven stock dispositions

Rhea-AI Filing Summary

US Bancorp Sr. Exec. VP Roy Arijit reported tax-related share dispositions in company stock. On February 27, 2026, he disposed of 1,379 shares of common stock at $57.26 per share, and on February 28, 2026 he disposed of 1,739 shares at $54.66 per share, both coded as tax-withholding transactions. On March 2, 2026, he disposed of an additional 1,145 shares at $54.66 per share for the same purpose. After the March 2 transaction, his directly held balance was 34,056 common shares.

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

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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^*

Roy Arijit

(Last) (First) (Middle)

800 NICOLLET MALL

(Street)

MINNEAPOLIS MN 55402

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. Exec. VP

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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

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

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

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
Common Stock, $0.01 par value	02/27/2026		F		1,379	D	$57.26	36,940	D
Common Stock, $0.01 par value	02/28/2026		F		1,739	D	$54.66	35,201	D
Common Stock, $0.01 par value	03/02/2026		F		1,145	D	$54.66	34,056	D

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

Explanation of Responses:

	/s/ James L. Chosy by power of attorney for Arijit Roy	03/03/2026
	** 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.

FAQ

What insider activity did US Bancorp (USB) report for Roy Arijit?

US Bancorp reported that Sr. Exec. VP Roy Arijit made three tax-withholding share dispositions in late February and early March 2026. These involved common stock transactions coded as Form 4 code F, reflecting shares delivered to cover tax or exercise obligations.

How many US Bancorp (USB) shares did Roy Arijit dispose of for taxes?

Roy Arijit disposed of several small common stock blocks through three transactions: 1,379 shares on February 27, 1,739 shares on February 28, and 1,145 shares on March 2, 2026. Each was reported as a tax-withholding disposition, not an open-market sale.

At what prices were Roy Arijit’s US Bancorp (USB) tax-withholding transactions recorded?

The tax-withholding dispositions were recorded at per-share prices of $57.26 on February 27, 2026, and $54.66 on both February 28 and March 2, 2026. These prices reflect the value used for satisfying tax or exercise obligations with company stock.

How many US Bancorp (USB) shares does Roy Arijit hold after these transactions?

After the March 2, 2026 tax-withholding disposition, Roy Arijit directly held 34,056 shares of US Bancorp common stock. This balance reflects his remaining directly owned position after delivering shares to satisfy tax-related obligations tied to his equity compensation.

Do Roy Arijit’s US Bancorp (USB) Form 4 transactions indicate open-market selling?

The reported transactions are coded F, meaning payment of exercise price or tax liability by delivering securities. This indicates tax-withholding dispositions rather than discretionary open-market selling, showing shares were used to cover obligations tied to his equity awards.