US Bancorp (USB) Senior EVP Chosy reports zero-price transfer of 4,500 shares

Rhea-AI Filing Summary

US Bancorp insider James L. Chosy, Senior EVP and General Counsel, reported a transfer of 4,500 shares of US Bancorp common stock on February 3, 2026. The shares were transferred at a reported price of $0.0000 per share, indicating no cash consideration.

After this non-derivative transaction, Chosy directly beneficially owns 221,875 shares of US Bancorp common stock. No derivative securities were reported as acquired, disposed of, or held in this filing.

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^*

CHOSY JAMES L

(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)
	Senior EVP and General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

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	02/03/2026		G		4,500	D	$0.0000	221,875	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	02/04/2026
	** 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 transaction did US Bancorp (USB) report for James L. Chosy?

US Bancorp reported that Senior EVP and General Counsel James L. Chosy transferred 4,500 shares of common stock on February 3, 2026. The transaction involved non-derivative shares and was reported with transaction code G at a per-share price of $0.0000.

How many US Bancorp (USB) shares does James L. Chosy own after this Form 4?

Following the reported transaction, James L. Chosy beneficially owns 221,875 shares of US Bancorp common stock. The filing classifies this ownership as direct, and no indirect holdings or derivative securities are listed in the report’s tables.

What does the transaction price on the US Bancorp (USB) Form 4 indicate?

The Form 4 shows a transaction price of $0.0000 per share for the 4,500 US Bancorp common stock shares. This indicates the reported transfer did not involve cash consideration per share, based on the figures disclosed in the filing’s non-derivative table.

What transaction code appears on the US Bancorp (USB) insider filing?

The insider transaction is labeled with transaction code G in the non-derivative securities table. This code, combined with the reported zero-dollar price per share, characterizes the nature of the transfer as disclosed, without detailing additional terms in the excerpt.

Does the US Bancorp (USB) Form 4 report any derivative securities for James L. Chosy?

No derivative securities are reported for James L. Chosy in this Form 4. The derivative securities table shows no entries, indicating that only a non-derivative common stock transaction was disclosed for the February 3, 2026 activity.

Is the reported US Bancorp (USB) insider transaction direct or indirect ownership?

The Form 4 classifies the reported holdings as direct, using the code D in the ownership column. The filing shows 221,875 shares of US Bancorp common stock as directly beneficially owned, with no separate nature-of-ownership description provided in the excerpt.