February 11, 2025 · Form 4 insider transaction
Barcelos Elcio R.T. bought 26,979 shares of U.S. Bancorp at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
These performance-based restricted stock units vest on March 3, 2025. These units made up 60% of the grant date fair market value of the reporting person's 2022 long-term incentive compensation award granted on March 3, 2022. The number of units earned and eligible to be settled in shares of common stock was determined on February 11, 2025 based on the company's performance against certain preset performance targets during a three-year performance period of January 1, 2022, to December 31, 2024.