{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-130532","form_type":"8-K","ticker":"USB","cik":"0000036104","company_name":"US BANCORP DE","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.591292+00:00","generated_at":"2026-06-02T23:26:35.244716+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"U.S. Bancorp promotes Gunjan Kedia to President, overseeing all revenue lines","bullets":["Kedia, 53, previously Vice Chair of Wealth, Corporate, Commercial & Institutional Banking, now President effective May 3, 2024.","She will report to CEO Andy Cecere, who retains chairman and CEO roles; Kedia oversees three business lines.","Base salary increased to $1,000,000 annually; annual cash incentive target set at 250% of base salary.","Long-term incentive award of $1,500,000 granted May 6, 2024 (60% performance-based RSUs, 40% RSUs).","Kedia has nearly 30 years in financial services, including BNY Mellon, State Street, PwC, McKinsey."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-130532","json":"https://secwatch.observer/filing/0001193125-24-130532.json","markdown":"https://secwatch.observer/filing/0001193125-24-130532.md","text":"https://secwatch.observer/filing/0001193125-24-130532.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/36104/000119312524130532/0001193125-24-130532-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/36104/000119312524130532/d830658d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:26:35.244716+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a8ab0008bc","claim":"Gunjan Kedia changed role as President at US BANCORP DE.","evidence_excerpt":"On May 3, 2024, U.S. Bancorp announced the promotion of Gunjan Kedia, 53, to the position of President of U.S. Bancorp and U.S. Bank National Association (“U.S. Bank”), its principal banking subsidiary, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/36104/000119312524130532/0001193125-24-130532-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}