{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-014216","form_type":"8-K","ticker":"USB","cik":"0000036104","company_name":"US BANCORP DE","filed_at":"2025-01-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.994181+00:00","generated_at":"2026-05-27T08:39:27.006860+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Gunjan Kedia to become CEO of U.S. Bancorp on April 15, 2025; Cecere to Executive Chairman","bullets":["President Gunjan Kedia elected CEO of U.S. Bancorp and U.S. Bank, effective April 15, 2025.","Current Chairman/CEO Andy Cecere to serve as Executive Chairman after transition.","Kedia appointed to the Board effective immediately; will serve on Executive Committee.","She receives $10M long-term incentive award (60% performance-based RSUs, 40% RSUs) granted Feb 27, 2025.","Base salary and target annual cash incentive for Kedia not yet determined."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-014216","json":"https://secwatch.observer/filing/0001193125-25-014216.json","markdown":"https://secwatch.observer/filing/0001193125-25-014216.md","text":"https://secwatch.observer/filing/0001193125-25-014216.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/36104/000119312525014216/0001193125-25-014216-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/36104/000119312525014216/d928449d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T08:39:27.006860+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":"52dc8af746","claim":"Gunjan Kedia was elected as Director at US BANCORP DE.","evidence_excerpt":"Ms. Kedia was also elected to the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/36104/000119312525014216/0001193125-25-014216-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"832ff5dc7b","claim":"Andrew Cecere changed role as Executive Chairman at US BANCORP DE.","evidence_excerpt":"Andrew Cecere, who is currently serving as Chairman and Chief Executive Officer of U.S. Bancorp and U.S. Bank, will continue his service on the Board as Executive Chairman, effective April 15, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/36104/000119312525014216/0001193125-25-014216-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"continue"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"f293397e5c","claim":"Gunjan Kedia was elected as President and Chief Executive Officer at US BANCORP DE.","evidence_excerpt":"the Board of Directors of U.S. Bancorp (the “Board”) elected Gunjan Kedia, 54, to the position of President and Chief Executive Officer of U.S. Bancorp and U.S. Bank National Association (“U.S. Bank”), its principal banking subsidiary, effective April 15, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/36104/000119312525014216/0001193125-25-014216-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}