USIO (NASDAQ: USIO) raises CEO and other executive base salaries

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Usio, Inc. reported changes to executive compensation. On June 11, 2026, the board’s Compensation Committee approved a new annual base salary of $995,000 for Chairman, President and CEO Louis Hoch, effective August 3, 2026.

The committee also approved an annual base salary of $325,000 for Senior Vice President and Chief Accounting Officer Greg Carter and $260,000 for Senior Vice President and Chief Accounting Officer Michael White, each effective August 3, 2026. These executives remain eligible for grants under the company’s equity incentive programs, annual bonus plans, and standard employee benefits.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

CEO annual base salary: $995,000 Greg Carter annual base salary: $325,000 Michael White annual base salary: $260,000 +1 more

4 metrics

CEO annual base salary $995,000 Louis Hoch, effective August 3, 2026

Greg Carter annual base salary $325,000 Effective August 3, 2026

Michael White annual base salary $260,000 Effective August 3, 2026

Effective date of employment amendments June 17, 2026 Amendments to executive employment agreements

Key Terms

equity incentive programs, annual bonus plans, Emerging growth company, Employment Agreement

4 terms

equity incentive programs financial

"eligible for grants of awards under the Company’s equity incentive programs"

annual bonus plans financial

"eligible for grants of awards under the Company’s equity incentive programs and annual bonus plans"

Emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Employment Agreement regulatory

"Eleventh Amendment to Employment Agreement Dated to be Effective as of June 17, 2026"

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Understanding 8-K Material Events →

06/17/2026 - 04:01 PM

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): June 17, 2026

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) On June 11, 2026, the Compensation Committee of the Board of Directors of the Company approved an annual base salary for Louis Hoch, the Chairman of the Board, President and Chief Executive Officer of the Company, of $995,000, effective August, 3 2026. Mr. Hoch will also be eligible for grants of awards under the Company’s equity incentive programs and annual bonus plans as well as other employment benefits for which all employees of the Company are eligible.

In addition, the Compensation Committee of the Board of Directors of the Company approved an annual base salary for Greg Carter, the Senior Vice President, Chief Accounting Officer of the Company, of $325,000, effective August, 3 2026. Mr. White will also be eligible for grants of awards under the Company’s equity incentive programs and annual bonus plans as well as other employment benefits for which all employees of the Company are eligible.

In addition, the Compensation Committee of the Board of Directors of the Company approved an annual base salary for Michael White, the Senior Vice President, Chief Accounting Officer of the Company, of $260,000, effective August, 3 2026. Mr. White will also be eligible for grants of awards under the Company’s equity incentive programs and annual bonus plans as well as other employment benefits for which all employees of the Company are eligible.

Item 9.01

Financial Statements and Exhibits.


10.1	Eleventh Amendment to Employment Agreement Dated to be Effective as of June 17, 2026 by and between the Company and Louis A. Hoch (filed herewith)
10.2	Second Amendment to Employment Agreement Dated to be Effective as of June 17, 2026 by and between the Company and Greg Carter (filed herewith)
10.3	First Amendment to Employment Agreement Dated to be Effective as of June 17, 2026 by and between the Company and Michael White (filed herewith)
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: June 17, 2026

USIO, INC.

By: /s/ Louis A. Hoch

Name: Louis A. Hoch

Title: Chief Executive Officer and Chairman of the Board

Source: View Original Filing on SEC EDGAR

FAQ

What executive compensation changes did USIO (USIO) disclose in this 8-K?

Usio approved higher base salaries for key executives. CEO Louis Hoch will receive $995,000, Greg Carter $325,000, and Michael White $260,000 annually, all effective August 3, 2026, alongside continued eligibility for equity awards, bonuses, and employee benefits.

When do the new USIO executive base salaries become effective?

The new base salaries take effect on August 3, 2026. From that date, the revised annual compensation levels for CEO Louis Hoch, Greg Carter, and Michael White will apply, as approved by Usio’s board Compensation Committee on June 11, 2026.

How much will USIO pay its CEO Louis Hoch under the updated compensation terms?

Usio set CEO Louis Hoch’s annual base salary at $995,000. This figure reflects the Compensation Committee’s June 11, 2026 decision and becomes effective August 3, 2026, in addition to his eligibility for equity incentives, annual bonuses, and standard company benefits.

What are the new salaries for USIO executives Greg Carter and Michael White?

Greg Carter’s annual base salary is set at $325,000 and Michael White’s at $260,000. Both amounts become effective August 3, 2026, with each executive also eligible for equity incentive program grants, annual bonus plans, and other employee benefits at Usio.

Did USIO change eligibility for bonuses or equity awards for its executives?

Usio confirmed that the named executives remain eligible for equity incentive awards and annual bonus plans. The 8-K notes they will also continue to receive other employment benefits available to all employees, alongside the newly approved base salary levels effective August 3, 2026.

What agreements accompanied the USIO executive salary changes?

Usio filed amendments to employment agreements for each executive. These include the Eleventh Amendment for Louis Hoch, the Second Amendment for Greg Carter, and the First Amendment for Michael White, all dated to be effective as of June 17, 2026.

Filing Exhibits & Attachments

7 documents