Welsh Timothy A

SEC source: 0000072903-26-000168 · wk-form4_1790798550.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,194.896

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 580.229 stock equivalent units, 483.524 were granted at a price of $69.80 per unit in lieu of the reporting person's quarterly cash retainer, and 96.705 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3 · balance_after: Includes 128.133 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0000072903-26-000138 · wk-form4_1782850378.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,486.534

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 468.065 stock equivalent units, 390.054 were granted at a price of $82.23 per unit in lieu of the reporting person's quarterly cash retainer, and 78.011 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

SEC source: 0000072903-26-000095 · wk-form4_1779480324.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,018.469

F1 · shares: Represents stock equivalent units. Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of the reporting person's service as a director, and fractional units are payable at such time in cash.

F2 · balance_after: Includes 104.31 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001818201-26-000023 · form4.xml · derivative · entry 3

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 165,564

Underlying: Common Stock · 82,781 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("2025 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2025 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2025 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2025 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

F1 · derivative.exercise_date: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("2025 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2025 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2025 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2025 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

F1 · derivative.expiration_date: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("2025 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2025 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2025 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2025 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

SEC source: 0001818201-26-000023 · form4.xml · nonDerivative · entry 2

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 362,641

SEC source: 0001818201-26-000023 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 387,973

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000072903-26-000057 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,660.215

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 480.215 stock equivalent units, 400.179 were granted at a price of $78.09 per unit in lieu of the reporting person's quarterly cash retainer, and 80.036 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3 · balance_after: Includes 105.516 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001818201-26-000015 · form4.xml · derivative · entry 1

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 375,400

Underlying: Common Stock · 375,400 shares

Expires not disclosed

F1 · security: The Reporting Person was granted, on March 6, 2026, Restricted Stock Units ("2026 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2026 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2026 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2026 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

F1 · derivative.exercise_date: The Reporting Person was granted, on March 6, 2026, Restricted Stock Units ("2026 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2026 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2026 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2026 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

F1 · derivative.expiration_date: The Reporting Person was granted, on March 6, 2026, Restricted Stock Units ("2026 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2026 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2026 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2026 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

SEC source: 0000072903-25-000288 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,074.484

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 503.897 stock equivalent units, 419.914 were granted at a price of $74.42 per unit in lieu of the reporting person's quarterly cash retainer, and 83.983 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3 · balance_after: Includes 91.254 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001818201-25-000020 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 305,192

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.2690 to $7.3300. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range provided.

SEC source: 0000072903-25-000252 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,479.333

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 473.007 stock equivalent units, 394.173 were granted at a price of $79.28 per unit in lieu of the reporting person's quarterly cash retainer, and 78.834 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3 · balance_after: Includes 99.85 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0000072903-25-000208 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,906.476

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 577.58 stock equivalent units, 481.316 were granted at a price of $67.78 per unit in lieu of the reporting person's quarterly cash retainer, and 96.264 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

SEC source: 0000072903-25-000124 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,328.896

F1 · shares: Represents stock equivalent units. Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of the reporting person's service as a director, and fractional units are payable at such time in cash.

F2 · balance_after: Includes 75.086 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001127602-25-014772 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 168,472

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.0150 to $9.0350. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range provided.

SEC source: 0001127602-25-011549 · form4.xml · derivative · entry 5

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 100,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · security: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("Immediate Vesting RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each Immediate Vesting RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the Immediate Vesting RSU, or (iii) a combination thereof. The Immediate Vesting RSUs were fully vested upon their grant, generally subject to the Reporting Person's continued service to the Issuer through their settlement date.

F2 · derivative.exercise_date: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("Immediate Vesting RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each Immediate Vesting RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the Immediate Vesting RSU, or (iii) a combination thereof. The Immediate Vesting RSUs were fully vested upon their grant, generally subject to the Reporting Person's continued service to the Issuer through their settlement date.

F2 · derivative.expiration_date: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("Immediate Vesting RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each Immediate Vesting RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the Immediate Vesting RSU, or (iii) a combination thereof. The Immediate Vesting RSUs were fully vested upon their grant, generally subject to the Reporting Person's continued service to the Issuer through their settlement date.

SEC source: 0001127602-25-011549 · form4.xml · nonDerivative · entry 2

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,472

SEC source: 0001127602-25-011549 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 100,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001127602-25-011549 · form4.xml · derivative · entry 4

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 100,000

Underlying: Common Stock · 100,000 shares

Expires not disclosed

F2 · security: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("Immediate Vesting RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each Immediate Vesting RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the Immediate Vesting RSU, or (iii) a combination thereof. The Immediate Vesting RSUs were fully vested upon their grant, generally subject to the Reporting Person's continued service to the Issuer through their settlement date.

F2 · derivative.exercise_date: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("Immediate Vesting RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each Immediate Vesting RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the Immediate Vesting RSU, or (iii) a combination thereof. The Immediate Vesting RSUs were fully vested upon their grant, generally subject to the Reporting Person's continued service to the Issuer through their settlement date.

F2 · derivative.expiration_date: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("Immediate Vesting RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each Immediate Vesting RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the Immediate Vesting RSU, or (iii) a combination thereof. The Immediate Vesting RSUs were fully vested upon their grant, generally subject to the Reporting Person's continued service to the Issuer through their settlement date.

SEC source: 0001127602-25-011549 · form4.xml · derivative · entry 3

Welsh Timothy A · CIK 0001711665 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 248,345

Underlying: Common Stock · 248,345 shares

Expires not disclosed

F1 · security: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("2025 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2025 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2025 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2025 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

F1 · derivative.exercise_date: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("2025 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2025 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2025 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2025 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

F1 · derivative.expiration_date: The Reporting Person was granted, on April 1, 2025, Restricted Stock Units ("2025 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2025 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2025 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2025 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.

SEC source: 0000072903-25-000067 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,822.46

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as a director and fractional units are payable at such time in cash.

F2 · price: Of the 584.247 stock equivalent units 486.873 were granted at a price of $69.32 per unit in lieu of the reporting person's quarterly cash retainer, and 97.374 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3 · balance_after: Includes 75.191 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0000072903-24-000223 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,163.022

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as a director and fractional units are payable at such time in cash.

F2 · price: Of the 594.365 stock equivalent units, 495.304 were granted at a price of $68.14 per unit in lieu of the reporting person's quarterly cash retainer, and 99.061 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3 · balance_after: Includes 67.287 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0000072903-24-000192 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,501.37

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as a director and fractional units are payable at such time in cash.

F2 · price: Of the 627.226 stock equivalent units, 522.688 were granted at a price of $64.57 per unit in lieu of the reporting person's quarterly cash retainer, and 104.538 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3 · balance_after: Includes 69.08 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

F4 · balance_after: Includes 6.196 stock equivalent units that were inadvertently omitted from the reporting person's prior filing due to an administrative error.

SEC source: 0000072903-24-000165 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,798.868

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 752.089 stock equivalent units, 626.741 were granted at a price of $53.85 per unit in lieu of the reporting person's quarterly cash retainer, and 125.348 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

SEC source: 0000072903-24-000131 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,046.779

F1 · shares: Represents stock equivalent units. Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of the reporting person's service as a director, and fractional units are payable at such time in cash.

F2 · balance_after: Includes 32.524 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0000072903-24-000069 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,952.295

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as a director and fractional units are payable at such time in cash.

F2 · price: Of the 758.711 stock equivalent units, 632.259 were granted at a price of $53.38 per unit in lieu of the reporting person's quarterly cash retainer, and 126.452 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3 · balance_after: Includes 21.912 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001225208-24-003813 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 166,194

SEC source: 0001225208-24-003652 · doc4.xml · nonDerivative · entry 2

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 188,207

SEC source: 0001225208-24-003652 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 191,681

SEC source: 0001225208-24-003466 · doc4.xml · derivative · entry 3

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 41,151

Underlying: Common Stock, $0.01 par value · 8,097 shares

Expires not disclosed

F3 · derivative.exercise_price: Deferred Compensation Plan Participation is payable in common stock following the termination of the reporting person's employment with U.S. Bancorp.

F3 · derivative.exercise_date: Deferred Compensation Plan Participation is payable in common stock following the termination of the reporting person's employment with U.S. Bancorp.

F3 · derivative.expiration_date: Deferred Compensation Plan Participation is payable in common stock following the termination of the reporting person's employment with U.S. Bancorp.

F4 · balance_after: Includes amounts acquired pursuant to dividend reinvestment.

SEC source: 0001225208-24-003466 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 195,637

F1 · shares: The restricted stock units vest 33% on each of February 28, 2025 and 2026, and 34% on February 28, 2027. These restricted stock units make up 40% of the value of the reporting person's long-term incentive compensation award granted in 2024. The remaining 60% of the award value was granted in the form of performance-based restricted stock units. The number of units that will be earned and eligible to be settled in shares of common stock will be determined in early 2027 based on the company's performance against certain performance targets from 2024 through 2026 and will be reported at the time of such determination.

SEC source: 0001225208-24-002846 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 147,973

F1 · shares: These performance-based restricted stock units vest on March 5, 2024. These units made up 60% of the grant date fair market value of the reporting person's 2021 long-term incentive compensation award granted on March 5, 2021. The number of units earned and eligible to be settled in shares of common stock was determined on February 21, 2024 based on the company's performance against certain preset performance targets during a three-year performance period of January 1, 2021, to December 31, 2023.

SEC source: 0001225208-24-001038 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 106,958

F1 · price: The price in Column 4 is a weighted average price. The prices actually received ranged from $40.205 to $40.44. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

SEC source: 0000072903-24-000014 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,171.672

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as a director and fractional units are payable at such time in cash.

F2 · price: Of the 658.109 stock equivalent units, 548.424 were granted at a price of $61.54 per unit in lieu of the reporting person's quarterly cash retainer, and 109.685 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3 · balance_after: Includes 19.322 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0000072903-23-000155 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,494.241

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as a director and fractional units are payable at such time in cash.

F2 · price: Of the 300.096 stock equivalent units, 250.08 were granted at a price of $57.21 per unit in lieu of the reporting person's quarterly cash retainer, and 50.016 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

SEC source: 0000072903-23-000129 · form4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,194.145

F1 · shares: Represents stock equivalent units. Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of the reporting person's service as a director, and fractional units are payable at such time in cash.

SEC source: 0001225208-23-008211 · doc4.xml · derivative · entry 3

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 32,205

Underlying: Common Stock, $0.01 par value · 2,499 shares

Expires not disclosed

F3 · derivative.exercise_price: Payable in shares of US. Bancorp common stock following the termination of the reporting person's employment under the terms of the Deferred Compensation Plan.

F4 · kind: The reporting person elected to transfer plan account balance amounts from existing investment options to the company stock investment option under the Deferred Compensation Plan which is an exempt transaction under SEC Rule 16b-3(f).

F3 · derivative.exercise_date: Payable in shares of US. Bancorp common stock following the termination of the reporting person's employment under the terms of the Deferred Compensation Plan.

F3 · derivative.expiration_date: Payable in shares of US. Bancorp common stock following the termination of the reporting person's employment under the terms of the Deferred Compensation Plan.

F5 · balance_after: Includes amounts acquired pursuant to dividend reinvestment.

SEC source: 0001225208-23-008211 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 119,058

F1 · price: The price in Column 4 is a weighted average price. The prices actually received ranged from $39.79 to $39.805. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

SEC source: 0001225208-23-003535 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 132,874

SEC source: 0001225208-23-003468 · doc4.xml · nonDerivative · entry 2

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 136,087

SEC source: 0001225208-23-003668 · doc4.xml · derivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,876

Underlying: Common Stock, $0.01 par value · 9,330 shares

Expires not disclosed

F1 · derivative.exercise_price: Deferred Compensation Plan Participation is payable in common stock following the termination of the reporting person's employment with U.S. Bancorp.

F1 · derivative.exercise_date: Deferred Compensation Plan Participation is payable in common stock following the termination of the reporting person's employment with U.S. Bancorp.

F1 · derivative.expiration_date: Deferred Compensation Plan Participation is payable in common stock following the termination of the reporting person's employment with U.S. Bancorp.

F2 · balance_after: Includes amounts acquired pursuant to dividend reinvestment.

SEC source: 0001225208-23-003468 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 139,561

F1 · shares: The restricted stock units vest 33% on each of March 2, 2024 and 2025, and 34% on March 2, 2026. These restricted stock units make up 40% of the value of the reporting person's long-term incentive compensation award granted in 2023. The remaining 60% of the award value was granted in the form of performance-based restricted stock units. The number of units that will be earned and eligible to be settled in shares of common stock will be determined in early 2026 based on the company's performance against certain performance targets from 2023 through 2025 and will be reported at the time of such determination.

SEC source: 0001225208-23-001767 · doc4.xml · nonDerivative · entry 2

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 109,330

SEC source: 0001225208-23-001767 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 122,702

F1 · shares: These performance-based restricted stock units vest on February 10, 2023. These units made up 60% of the grant date fair market value of the reporting person's 2020 long-term incentive compensation award granted on February 10, 2020. The number of units earned and eligible to be settled in shares of common stock was determined on February 9, 2023 based on the company's performance against certain preset performance targets during a three-year performance period of January 1, 2020, to December 31, 2022.

SEC source: 0001225208-22-011590 · doc4.xml · derivative · entry 3

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,356

Underlying: Common Stock, $0.01 par value · 19,356 shares

Expires not disclosed

F3 · derivative.exercise_price: Payable in shares of U.S. Bancorp common stock following the termination of the reporting person's employment under the terms of the Deferred Compensation Plan.

F4 · kind: The reporting person elected to transfer plan account balance amounts from existing investment options to the company stock investment option under the Deferred Compensation Plan which is an exempt transaction under SEC Rule 16b-3(f).

F3 · derivative.exercise_date: Payable in shares of U.S. Bancorp common stock following the termination of the reporting person's employment under the terms of the Deferred Compensation Plan.

F3 · derivative.expiration_date: Payable in shares of U.S. Bancorp common stock following the termination of the reporting person's employment under the terms of the Deferred Compensation Plan.

SEC source: 0001225208-22-011590 · doc4.xml · nonDerivative · entry 2

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Indirect · By 401(k) plan

Disclosed balance after: 3,803

F2 · kind: The reporting person transferred funds from existing investment options to the company stock fund under the 401(k) plan which is an exempt transaction under SEC Rule 16b-3(f).

SEC source: 0001225208-22-011590 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 92,623

F1 · price: The price in Column 4 is a weighted average price. The prices actually received ranged from $43.49 to $44.19. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

SEC source: 0001225208-22-004372 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 111,623

SEC source: 0001225208-22-004301 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 114,836

F1 · shares: The restricted stock units vest 33% on each of March 3, 2023 and 2024, and 34% on March 3, 2025. These restricted stock units make up 40% of the value of the reporting person's long-term incentive compensation award granted in 2022. The remaining 60% of the award value was granted in the form of performance-based restricted stock units. The number of units that will be earned and eligible to be settled in shares of common stock will be determined in early 2025 based on the company's performance against certain performance targets from 2022 through 2024 and will be reported at the time of such determination.

SEC source: 0001225208-22-002305 · doc4.xml · nonDerivative · entry 1

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,750

SEC source: 0001225208-22-002036 · doc4.xml · nonDerivative · entry 2

Welsh Timothy A · CIK 0001711665 · Vice Chair

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 105,600