Company: USB-PA
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001104659-25-020883
Chunk: 86

Company: US BANCORP \DE\
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 86
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 of shares actually earned based on performance. There were no other assumptions made in the valuation of equity awards, including RSUs and stock options, which differ materially from those disclosed as of the grant date of such equity awards.

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 ​ | 2024 
 PEO  |   |            |   | ​ | ​ | OtherNEOsaverage |   |           |   | ​ 
 ​ |
|:--|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:--|:--|:-----|:--|-----------:|:--|:--|:--|:-----------------|:--|----------:|:--|:--|
| ​ | Summary compensation table total                                                                                                                                                                   | ​ | ​ | ​    | $ | 19,339,327 | ​ | ​ | ​ | ​                | $ | 7,711,887 | ​ | ​ |
| ​ | DEDUCT:Fair value of equity awards granted during covered fiscal year                                                                                                                              | ​ | ​ | ​    | $ | 11,000,024 | ​ | ​ | ​ | ​                | $ | 4,719,999 | ​ | ​ |
| ​ | ADD: Year-end fair value of outstanding and unvested equity awards granted during the covered fiscal year                                                                                          | ​ | ​ | ​    | $ | 12,988,895 | ​ | ​ | ​ | ​                | $ | 4,706,122 | ​ | ​ |
| ​ | ADD:Change in fair value of outstanding and unvested equity awards granted in prior fiscal years                                                                                                   | ​ | ​ | ​    | $ |  2,676,285 | ​ | ​ | ​ | ​                | $ |   757,483 | ​ | ​ |
| ​ | ADD:Fair value as of vesting date of equity awards granted and vested in covered fiscal year                                                                                                       | ​ | ​ | ​    | $ |          0 | ​ | ​ | ​ | ​                | $ |         0 | ​ | ​ |
| ​ | ADD:Change in fair value as of vesting date of equity awards granted in prior years that vested inthe covered fiscal year                                                                          | ​ | ​ | ​    | $ |    -88,323 | ​ | ​ | ​ | ​                | $ |   -26,241 | ​ | ​ |
| ​ | DEDUCT:Year