USIO files 8-K: Michael White joins as SVP and Chief Accounting Officer

Rhea-AI Filing Summary

Usio, Inc. reported that effective August 18, 2025 it entered into an employment agreement with Michael White, who will serve as Senior Vice President and Chief Accounting Officer. The filing states the description is not complete and refers readers to the full employment agreement filed as Exhibit 10.1 to the Current Report, which is incorporated by reference. The report is a Form 8-K disclosure of an officer appointment and the related employment contract; no financial statements, compensation details, or other terms are provided in the text of this filing.

Positive

• Usio entered into an employment agreement with Michael White, effective August 18, 2025, naming him Senior Vice President and Chief Accounting Officer
• The full employment agreement is filed as Exhibit 10.1 and is incorporated by reference

Negative

• None.

Insights

Financial Analyst

TL;DR: Company disclosed an employment agreement appointing Michael White as SVP and Chief Accounting Officer; no financial terms provided.

The filing is a routine Form 8-K notifying investors of an officer appointment and the existence of an employment agreement effective August 18, 2025. The company explicitly incorporates the full agreement as Exhibit 10.1 but does not disclose salary, term, severance, equity or other compensation details in the body of the filing. Without the exhibit text or quantitative items, the direct financial impact cannot be assessed from this report alone.

Corporate Governance Expert

TL;DR: Governance disclosure meets Form 8-K requirements by reporting officer appointment and referencing the employment agreement exhibit.

The filing fulfills Item 5.02 by naming Michael White and stating the effective date of his employment agreement. The report correctly incorporates the full agreement by reference as an exhibit, which is standard practice. The body disclaims completeness and directs readers to Exhibit 10.1 for contract specifics; governance implications depend on the exhibit content not included here.

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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 (Date of earliest event reported):  August 18, 2025

USIO, INC.

(Exact name of registrant as specified in its charter)

Nevada		000-30152		98-0190072
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		Identification No.)

3611 Paesanos Parkway, Suite 300, San Antonio, TX		78231
(Address of principal executive offices)		(Zip Code)

(210) 249-4100

(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 (see General Instruction A.2. below):

☐ 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(s)	Name of each exchange on which registered
Common stock, par value $0.001 per share	USIO	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) Effective on August 18, 2025, the Company entered into an employment agreement with Michael White, the Company’s Senior Vice President, and Chief Accounting Officer. 

The foregoing description of the employment agreement is not complete and is qualified in its entirety by reference to the full text of the employment agreement, a copy of which is filed herewith as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

10.1	Employment Agreement Dated to be effective as of August 18, 2025 by and between the Company and Michael White
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

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.

Date: August 18, 2025 USIO, INC.   By:    /s/ Louis A. Hoch Name:     Louis A. Hoch Title: Chief Executive Officer and President

FAQ

What did USIO disclose in this Form 8-K?

The company disclosed it entered into an employment agreement effective August 18, 2025 with Michael White to serve as Senior Vice President and Chief Accounting Officer.

Does the Form 8-K include compensation details for Michael White?

No. The filing states the description is not complete and refers readers to the full employment agreement filed as Exhibit 10.1 for the agreement text.

Where can I find the full terms of Michael White's employment agreement?

The filing incorporates the full employment agreement by reference as Exhibit 10.1 to the Current Report.

When is Michael White's employment effective according to the filing?

The employment agreement is effective on August 18, 2025.

Does the Form 8-K report any financial statements or exhibits besides the employment agreement?

The filing references Exhibit 10.1 for the employment agreement; no financial statements or additional exhibits are described in the body of the filing.