Form 8-K
8-K — US BANCORP \DE\
Accession: 0001193125-26-173818
Filed: 2026-04-23
Period: 2026-04-21
CIK: 0000036104
SIC: 6021 (NATIONAL COMMERCIAL BANKS)
Item: Submission of Matters to a Vote of Security Holders
Item: Financial Statements and Exhibits
Documents
8-K — d57257d8k.htm (Primary)
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8-K
8-K (Primary)
Filename: d57257d8k.htm · Sequence: 1
8-K
US BANCORP \DE\ 0000036104 false 0000036104 2026-04-21 2026-04-21 0000036104 us-gaap:CommonStockMember 2026-04-21 2026-04-21 0000036104 us-gaap:SeriesAPreferredStockMember 2026-04-21 2026-04-21 0000036104 us-gaap:SeriesBPreferredStockMember 2026-04-21 2026-04-21 0000036104 usb:SeriesKPreferredStockMember 2026-04-21 2026-04-21 0000036104 usb:SeriesLPreferredStockMember 2026-04-21 2026-04-21 0000036104 usb:SeriesMPreferredStockMember 2026-04-21 2026-04-21 0000036104 usb:SeriesOPreferredStockMember 2026-04-21 2026-04-21 0000036104 usb:SeriesCCSeniorFloatingMember 2026-04-21 2026-04-21 0000036104 usb:SeriesCCSeniorFixedToFloatingMember 2026-04-21 2026-04-21
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: April 21, 2026
(Date of earliest event reported)
U.S. BANCORP
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
1-6880
41-0255900
(Commission
file number)
(IRS Employer
Identification No.)
800 Nicollet Mall
Minneapolis, Minnesota 55402
(Address of principal executive offices, including zip code)
(651) 466-3000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
symbol
Name of each exchange
on which registered
Common Stock, $.01 par value per share
USB
New York Stock Exchange
Depositary Shares (each representing 1/100th interest in a share of Series A Non-Cumulative Perpetual Preferred Stock, par value $1.00)
USB PrA
New York Stock Exchange
Depositary Shares (each representing 1/1,000th interest in a share of Series B Non-Cumulative Perpetual Preferred Stock, par value $1.00)
USB PrH
New York Stock Exchange
Depositary Shares (each representing 1/1,000th interest in a share of Series K Non-Cumulative Perpetual Preferred Stock, par value $1.00)
USB PrP
New York Stock Exchange
Depositary Shares (each representing 1/1,000th interest in a share of Series L Non-Cumulative Perpetual Preferred Stock, par value $1.00)
USB PrQ
New York Stock Exchange
Depositary Shares (each representing 1/1,000th interest in a share of Series M Non-Cumulative Perpetual Preferred Stock, par value $1.00)
USB PrR
New York Stock Exchange
Depositary Shares (each representing 1/1,000th interest in a share of Series O Non-Cumulative Perpetual Preferred Stock, par value $1.00)
USB PrS
New York Stock Exchange
Floating Rate Notes, Series CC (Senior), due May 21, 2028
USB/28
New York Stock Exchange
4.009% Fixed-to-Floating Rate Notes, Series CC (Senior), due May 21, 2032
USB/32
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
☐ Emerging growth company
☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.07
Submission of Matters to a Vote of Security Holders.
U.S. Bancorp (the “Company”) held its 2026 annual meeting of shareholders on Tuesday, April 21, 2026. Shareholders considered three proposals at the meeting, each of which is described in more detail in the Company’s Definitive Proxy Statement on Schedule 14A, which was filed with the Securities and Exchange Commission on March 10, 2026 (the “Proxy Statement”). The final voting results are reported below.
Proposal 1: Election of twelve directors to serve for a one-year term until the 2027 annual meeting of shareholders.
The Company’s shareholders elected each of the twelve nominees for director, and the voting results are set forth below:
Name
For
Against
Abstentions
Broker
Non-Votes
Warner L. Baxter
1,199,626,133
21,517,655
2,197,933
152,923,925
Dorothy Bridges
1,213,364,221
8,033,467
1,944,033
152,923,925
Elizabeth L. Buse
1,210,462,793
10,836,830
2,042,098
152,923,925
Alan B. Colberg
1,207,785,236
13,351,027
2,205,458
152,923,925
Kimberly N. Ellison-Taylor
1,212,538,712
8,835,365
1,967,644
152,923,925
Aleem Gillani
1,213,417,785
7,747,451
2,176,485
152,923,925
Roland A. Hernandez
1,097,316,400
123,851,769
2,173,552
152,923,925
Gunjan Kedia
1,159,332,384
61,762,954
2,246,383
152,923,925
Richard P. McKenney
1,126,963,724
93,089,497
3,288,500
152,923,925
Yusuf I. Mehdi
1,213,222,529
7,754,830
2,364,362
152,923,925
Loretta E. Reynolds
1,214,190,913
7,166,929
1,983,879
152,923,925
John P. Wiehoff
1,207,347,534
13,840,154
2,154,033
152,923,925
Proposal 2: Advisory vote to approve the compensation of the Company’s executive officers disclosed in the Proxy Statement.
The Company’s shareholders gave advisory approval of the compensation of the Company’s executive officers disclosed in the Proxy Statement, and the voting results are set forth below:
For
Against
Abstentions
Broker Non-Votes
1,138,199,345
79,171,164
5,971,212
152,923,925
Proposal 3: Ratification of the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the 2026 fiscal year.
The Company’s shareholders ratified the selection of Ernst & Young LLP, and the voting results are set forth below:
For
Against
Abstentions
Broker Non-Votes
1,314,933,791
58,312,267
3,019,588
—
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
2
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: April 23, 2026
3
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Document and Entity Information
Apr. 21, 2026
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Entity Registrant Name
US BANCORP \DE\
Entity Incorporation State Country Code
DE
Entity File Number
1-6880
Entity Tax Identification Number
41-0255900
Entity Address Address Line 1
800 Nicollet Mall
Entity Address City Or Town
Minneapolis
Entity Address State Or Province
MN
Entity Address Postal Zip Code
55402
City Area Code
651
Local Phone Number
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Security Exchange Name
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Entity Listings [Line Items]
Security 12b Title
Depositary Shares (each representing 1/100th interest in a share of Series A Non-Cumulative Perpetual Preferred Stock, par value $1.00)
Trading Symbol
USB PrA
Security Exchange Name
NYSE
Depositary Shares (each representing 1/1,000th interest in a share of Series B Non-Cumulative Perpetual Preferred Stock, par value $1.00) [Member]
Entity Listings [Line Items]
Security 12b Title
Depositary Shares (each representing 1/1,000th interest in a share of Series B Non-Cumulative Perpetual Preferred Stock, par value $1.00)
Trading Symbol
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Security Exchange Name
NYSE
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Entity Listings [Line Items]
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Depositary Shares (each representing 1/1,000th interest in a share of Series K Non-Cumulative Perpetual Preferred Stock, par value $1.00)
Trading Symbol
USB PrP
Security Exchange Name
NYSE
Depositary Shares (each representing 1/1,000th interest in a share of Series L Non-Cumulative Perpetual Preferred Stock, par value $1.00) [Member]
Entity Listings [Line Items]
Security 12b Title
Depositary Shares (each representing 1/1,000th interest in a share of Series L Non-Cumulative Perpetual Preferred Stock, par value $1.00)
Trading Symbol
USB PrQ
Security Exchange Name
NYSE
Depositary Shares (each representing 1/1,000th interest in a share of Series M Non-Cumulative Perpetual Preferred Stock, par value $1.00) [Member]
Entity Listings [Line Items]
Security 12b Title
Depositary Shares (each representing 1/1,000th interest in a share of Series M Non-Cumulative Perpetual Preferred Stock, par value $1.00)
Trading Symbol
USB PrR
Security Exchange Name
NYSE
Depositary Shares (each representing 1/1,000th interest in a share of Series O Non-Cumulative Perpetual Preferred Stock, par value $1.00) [Member]
Entity Listings [Line Items]
Security 12b Title
Depositary Shares (each representing 1/1,000th interest in a share of Series O Non-Cumulative Perpetual Preferred Stock, par value $1.00)
Trading Symbol
USB PrS
Security Exchange Name
NYSE
Floating Rate Notes, Series CC (Senior), due May 21, 2028 [Member]
Entity Listings [Line Items]
Security 12b Title
Floating Rate Notes, Series CC (Senior), due May 21, 2028
Trading Symbol
USB/28
Security Exchange Name
NYSE
4.009% Fixed-to-Floating Rate Notes, Series CC (Senior), due May 21, 2032 [Member]
Entity Listings [Line Items]
Security 12b Title
4.009% Fixed-to-Floating Rate Notes, Series CC (Senior), due May 21, 2032
Trading Symbol
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Security Exchange Name
NYSE
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