The company filed a Certificate of Designations on October 29, 2026 to amend its Restated Certificate of Incorporation and set the rights of its Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock.

1. 01

   The company filed a Certificate of Designations on October 29, 2026 to amend its Restated Certificate of Incorporation and set the rights of its Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock.

2. 02

   U.S. Bancorp said it set the par value of its Series P preferred stock at $1.00 per share and the liquidation preference at $25,000 per share.

3. 03

   The company closed the sale of 1,000,000 depositary shares on October 30, 2026, with each depositary share representing a 1/25 interest in a share of its preferred stock. The 1 depositary shares represent ownership of 1 preferred shares.

4. 04

   The company said it entered into an Underwriting Agreement on October 21, 2026 with U.S. Bancorp Investments, Inc., Barclays Capital Inc. and Morgan Stanley & Co. LLC as representatives of the underwriters named in Schedule I.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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