Form 4 for USB U.S. Bancorp
Accepted 2023-03-06 00:00:00 ET · period of report 2023-03-02 · accession 0001225208-23-003468 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-03-06 | 2023-03-03 | USB | Welsh Timothy A | Vice COB | F - Tax | $46.31 | -3,474 | 136.1K | -2% | -$160.9K | |
| 2023-03-06 | 2023-03-02 | USB | Welsh Timothy A | Vice COB | A - Grant | $0.00 | +30.2K | 139.6K | +28% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $0.01 par value | 2023-03-03 | F | D | 3,474 | $46.31 | 136,087 | D | — | — | |
| 2 | Common | Common Stock, $0.01 par value | 2023-03-02 | A | A | 30,231 | $0.00 | 139,561 | D | — | — | (F1) 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. |