Planned sale of 349,610 USIO (NASDAQ: USIO) shares disclosed
Rhea-AI Filing Summary
A shareholder in USIO has filed a notice of intent to sell up to 349,610 shares of common stock under Rule 144. The planned sale is to be executed through Raymond James & Associates, Inc. on the Nasdaq, with an approximate sale date of 01/12/2026 and an aggregate market value of 489,454. The issuer has 27,307,839 shares outstanding of the same class of common stock. The seller acquired these 349,610 shares in an open market purchase on 10/01/2024, paid in cash on that date.
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Insights
USIO holder files Rule 144 to sell 349,610 shares via Nasdaq.
A holder of USIO common stock has filed a Rule 144 notice to potentially sell 349,610 shares, with an aggregate market value listed as 489,454. The sale is to be routed through Raymond James & Associates, Inc. on the Nasdaq, with an approximate sale date of 01/12/2026.
The filing also states that these shares were acquired in an open market purchase on 10/01/2024 and paid for in cash the same day. The class of stock being sold is common stock, and the table notes that 27,307,839 shares of this class are outstanding.
Rule 144 notices like this describe a potential secondary sale by an existing holder rather than a new issuance by the company. Actual sales volumes and timing will depend on market conditions and the holder’s execution decisions within the disclosed parameters.
FAQ
Which broker is handling the planned Rule 144 sale of USIO common stock?
The filing lists Raymond James & Associates, Inc., located at 880 Carillon Parkway, St. Petersburg, FL 33716, as the broker for the planned sale.