---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-029382"
form_type: "8-K"
ticker: "USB"
cik: "0000036104"
company_name: "US BANCORP DE"
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:39:47.295575+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# U.S. Bancorp adopts Executive Change in Control Severance Plan effective Jan 27, 2026

## Summary
- Plan provides lump-sum severance of 2x base salary plus 2x target annual incentive for executives upon qualifying termination within 24 months after a change in control.
- Covered participants include executive officers and other officers designated by CEO or Committee.
- Participation requires signing a participation agreement, release, and compliance with confidentiality, non-solicitation, and non-compete covenants.
- Plan is effective January 27, 2026 and replaces prior change in control benefits for covered executives.

## SEC filing metadata
- accession: 0001193125-26-029382
- form_type: 8-K
- ticker: USB
- cik: 0000036104
- company_name: US BANCORP DE
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36104/000119312526029382/0001193125-26-029382-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36104/000119312526029382/d25960d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-029382
- JSON: https://secwatch.observer/filing/0001193125-26-029382.json
- Plain text: https://secwatch.observer/filing/0001193125-26-029382.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.