Company: USB-PA
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001104659-25-020883
Chunk: 61

Company: US BANCORP \DE\
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 61
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  4,999,995 | ​ | ​ |         ​ | ​                                        | ​ |         — | ​ | ​ |         ​ | ​                                                                      | ​ |   197,116 | ​ | ​ |       ​ | ​                         | ​ | 1,842,402 | ​ | ​ |          ​ | ​        | ​ |  7,654,898 | ​ | ​ |
| ​ | ​                                                                        | ​ | 2023 | ​    | ​ |    ​ | ​ | ​ |   725,000 | ​         | ​ |         ​ | ​ | ​ |  3,500,000 | ​               | ​ |          ​ | ​ | ​ | 1,132,450 | ​                                        | ​ |         ​ | ​ | ​ |   144,152 | ​                                                                      | ​ |         ​ | ​ | ​ |  41,165 | ​                         | ​ |         ​ | ​ | ​ |  5,542,767 | ​        | ​ |            |   |   |
| ​ | ​                                                                        | ​ | 2022 | ​    | ​ |    ​ | ​ | ​ |   700,000 | ​         | ​ |         ​ | ​ | ​ |  3,250,000 | ​               | ​ |          ​ | ​ | ​ | 1,440,180 | ​                                        | ​ |         ​ | ​ | ​ |    62,418 | ​                                                                      | ​ |         ​ | ​ | ​ |  37,245 | ​                         | ​ |         ​ | ​ | ​ |  5,489,843 | ​        | ​ |            |   |   |

1. Name and principal position
Ms. Kedia has served as our President since May 3, 2024. Prior to that she served as Vice Chair, Wealth, Corporate, Commercial and Institutional Banking. Mr. Kotwal served as Vice Chair, Payment Services until February 2, 2025; following that date he serves in an advisory role supporting the leadership transition of the Payments business through June 30, 2025. Mr. Welsh served in his role as Vice Chair, Consumer and Business Banking, until July 31, 2024; he remained employed by the company and served as an advisor to the President through October 4, 2024. The amounts reported here for 2024 reflect compensation paid or awarded for the entire year for each