US Bancorp (NYSE: USB) COO covers tax obligations with stock

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US Bancorp COO Souheil Badran reported automatic share dispositions on February 27, 28, and March 2, 2026, to cover tax obligations. These transactions, totaling 23,888 shares at prices between $54.66 and $57.26, were coded as tax-withholding dispositions, not open-market trades. Following these dispositions, Badran directly owns 81,507 US Bancorp common shares, which include amounts acquired through dividend reinvestment.

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