X0306 4 2021-03-05 0000036104 US BANCORP \DE\ USB 0001594398 Runkel Mark G. 800 NICOLLET MALL MINNEAPOLIS MN 55402 1 Senior EVP & Chief Credit Off Common Stock, $0.01 par value 2021-03-05 4 A 0 8386.0000 0.0000 A 45630.0000 D Common Stock, $0.01 par value 371.0000 I By 401(k) plan Common Stock, $0.01 par value 28788.0000 I By Trust The restricted stock units vest 33% on each of March 5, 2022 and 2023, and 34% on March 5, 2024. These restricted stock units make up 40% of the value of the reporting person's long-term incentive compensation award granted in 2021. 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 2024 based on the company's performance against certain performance targets from 2021 through 2023 and will be reported at the time of such determination. Based on a plan report dated February 26, 2021, the most recent plan report available. James L. Chosy for Mark G. Runkel 2021-03-09