Company: USB-PA
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001104659-25-020883
Chunk: 65

Company: US BANCORP \DE\
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 65
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          | ​ | 0 | ​                                                           | ​ | ​ | ​ | ​ |  71,497 | ​ | ​ | ​ | ​ | ​ | 107,245 | ​ | ​ | ​ | ​ | ​ |       — | ​                                                          | ​ | ​ | ​ | ​ | 3,000,014 | ​                                      | ​ |   |   |   |
| ​ | ​                  | ​ | 2/29/24 | ​         | ​ | ​ | ​           | ​ | 1/22/24 | ​                      | ​ | ​ | ​            | ​ | — | ​                                                              | ​ |         ​ | ​         | ​ | — | ​ | ​ |         ​ | ​          | ​ | — | ​                                                           | ​ | ​ | ​ | ​ |       — | ​ | ​ | ​ | ​ | ​ |       — | ​ | ​ | ​ | ​ | ​ |  47,664 | ​                                                          | ​ | ​ | ​ | ​ | 1,999,981 | ​                                      | ​ |   |   |   |

1. Estimated future payouts under non-equity incentive plan awards
These columns show the potential payments for each NEO under our AEIP for 2024 performance. Actual annual cash incentive payout amounts are determined in accordance with a formula based on corporate EPS performance and business line pretax income performance, ranging in each case from 0% to 200% of target levels, subject to adjustment for individual performance and risk sensitivity. Additional information regarding how the payout amounts for these awards are determined is included above in “Compensation discussion and analysis — Annual cash incentive awards,” and the actual amounts paid based on 2024 performance are reported above in the “Non-equity incentive plan compensation” column in the “Summary compensation table.” 2. Target estimated future payouts under non-equity incentive plan awards
As described above in “Compensation discussion and analysis — Annual cash incentive awards,” the Compensation and Human Resources Committee establishes a target cash incentive amount for each NEO, expressed as a percentage of that NEO’s base salary. 3. Maximum estimated future payouts under non-equity incentive plan awards
As described above in “Compensation discussion and analysis — Annual cash incentive awards,” the maximum cash incentive amount for each NEO equals 200% of that NEO’s target amount. 4. Estimated future payouts under equity incentive plan awards — PRSUs
The threshold, target and maximum columns each show the potential number of PR