US BancORP DE Files 8-K on Officer/Director Changes
Ticker: USB-PQ · Form: 8-K · Filed: Jan 28, 2025 · CIK: 36104
Sentiment: neutral
Topics: corporate-governance, officer-changes, director-changes, financial-exhibits
TL;DR
US BancORP DE 8-K filed: Director/Officer changes, compensation details, and financial exhibits.
AI Summary
On January 28, 2025, U.S. Bancorp \DE\ filed an 8-K detailing the departure of directors or certain officers, the election of directors, and the appointment of certain officers. The filing also covers compensatory arrangements for certain officers and includes financial statements and exhibits. Specific details regarding the individuals involved, their roles, and any associated compensation changes were not explicitly detailed in the provided text snippet.
Why It Matters
This filing indicates potential shifts in the leadership and governance structure of U.S. Bancorp, which could influence strategic decisions and operational direction.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting routine corporate governance and financial information, not indicating any immediate financial distress or significant negative event.
Key Numbers
- 4.009% — Interest Rate (Series A Non-Cumulative Perpetual Preferred Stock)
Key Players & Entities
- US BANCORP \DE\ (company) — Filer
- 0001193125-25-014216 (filing_id) — Accession Number
- 20250128 (date) — Filing Date
- MINNEAPOLIS (location) — Business Address City
- DE (state) — State of Incorporation
FAQ
Who are the specific officers or directors departing or being appointed?
The provided text snippet does not name the specific individuals involved in the departures, elections, or appointments.
What are the details of the compensatory arrangements for the officers?
The filing mentions compensatory arrangements of certain officers, but the specific details are not included in the provided text.
What is the par value of the Series A Non-Cumulative Perpetual Preferred Stock?
The par value of the Series A Non-Cumulative Perpetual Preferred Stock is $1.00.
What is the maturity date for the 4.009% Fixed-to-Floating Rate Notes, Series CC?
The maturity date for the 4.009% Fixed-to-Floating Rate Notes, Series CC (Senior), is May 21, 2032.
What is the Central Index Key (CIK) for U.S. Bancorp \DE\?
The Central Index Key for U.S. Bancorp \DE\ is 0000036104.
Filing Stats: 1,124 words · 4 min read · ~4 pages · Grade level 9.5 · Accepted 2025-01-28 13:30:25
Key Financial Figures
- $1.00 — ve Perpetual Preferred Stock, par value $1.00) USB PrA New York Stock Exchange
- $10 million — al long-term incentive award, valued at $10 million as of the grant date of February 27, 20
Filing Documents
- d928449d8k.htm (8-K) — 42KB
- d928449dex991.htm (EX-99.1) — 8KB
- g928449snap1.jpg (GRAPHIC) — 10KB
- 0001193125-25-014216.txt ( ) — 264KB
- usb-20250128.xsd (EX-101.SCH) — 4KB
- usb-20250128_def.xml (EX-101.DEF) — 15KB
- usb-20250128_lab.xml (EX-101.LAB) — 27KB
- usb-20250128_pre.xml (EX-101.PRE) — 16KB
- d928449d8k_htm.xml (XML) — 15KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release dated January 28, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. U.S. BANCORP By: /s/ James L. Chosy James L. Chosy Senior Executive Vice President and General Counsel Date: January 28, 2025 3