X0306 4 2022-03-03 0000036104 US BANCORP \DE\ USB 0001271850 CHOSY JAMES L 800 NICOLLET MALL MINNEAPOLIS MN 55402 1 Senior EVP and General Counsel Common Stock, $0.01 par value 2022-03-03 4 A 0 14207.0000 0.0000 A 138863.0000 D Common Stock, $0.01 par value 1443.0000 I By Spouse's Trust Common Stock, $0.01 par value 343.0000 I By Trust 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. James L. Chosy 2022-03-07