Usio (USIO) SVP Frost Houston Korth receives 50,000 shares and new RSUs

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Usio, Inc. senior vice president and chief product officer Frost Houston Korth received equity compensation awards. On June 11, 2026, he was granted 50,000 shares of common stock at a reference price of $1.71 per share, bringing his direct common stock holdings to 771,108 shares.

He also received three grants of 5,000 Restricted Stock Units (RSUs) each, tied to common shares, all with a conversion price of $0.00. These RSUs vest on June 11, 2027, June 11, 2028, and June 11, 2029, with related terms indicating certain awards vest by June 11, 2036 or upon change of control or under his employment agreement. After these awards, he directly holds 31,000 RSUs.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Frost Houston Korth

Role SVP, Chief Product Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	5,000	$1.71	$9K
Grant/Award	Restricted Stock Units	5,000	$1.71	$9K
Grant/Award	Restricted Stock Units	5,000	$1.71	$9K
Grant/Award	Common Stock	50,000	$1.71	$86K

Holdings After Transaction: Restricted Stock Units — 31,000 shares (Direct, null); Common Stock — 771,108 shares (Direct, null)

Footnotes (1)

Restricted Stock Units vests on 06/11/2027. Restricted Stock Units vests on 06/11/2028. Restricted Stock Units vests on 06/11/2029. Vests 06/11/2036 or change of control or per terms of employment agreement.

Key Figures

Common stock grant: 50,000 shares at $1.71 Common shares held: 771,108 shares RSU grants: 3 grants of 5,000 units +2 more

5 metrics

Common stock grant 50,000 shares at $1.71 Awarded June 11, 2026 as equity compensation

Common shares held 771,108 shares Direct holdings after the reported transactions

RSU grants 3 grants of 5,000 units Restricted Stock Units referencing common shares

RSUs held after awards 31,000 units Direct RSU position following June 11, 2026 awards

RSU conversion price $0.00 per share Conversion or exercise price for underlying common shares

Key Terms

Restricted Stock Units, equity compensation, change of control, conversion price

4 terms

Restricted Stock Units financial

"He also received three grants of 5,000 Restricted Stock Units (RSUs) each, tied to common shares, all with a conversion price of $0.00."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

equity compensation financial

"Frost Houston Korth received equity compensation awards, including a grant of common stock and RSUs."

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

change of control financial

"Terms indicate certain awards vest by June 11, 2036 or upon change of control or under his employment agreement."

A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.

conversion price financial

"These RSUs vest in future years and carry a conversion price of $0.00 per share."

The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.

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Form 4 Insider Transactions: What Each Field Means →

06/15/2026 - 07:54 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Frost Houston Korth

(Last)

(First)

(Middle)

3611 PAESANOS PARKWAY

SUITE 300

(Street)

SAN ANTONIO

TEXAS

78231

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Usio, Inc. [ USIO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Chief Product Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/11/2026		A		50,000⁽⁴⁾	A	$1.71	771,108	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0.0000	06/11/2026		A		5,000⁽¹⁾		06/11/2027	06/11/2036	Common Shares	5,000	$1.71	31,000	D
Restricted Stock Units	$0.0000	06/11/2026		A		5,000⁽²⁾		06/11/2028	06/11/2036	Common Shares	5,000	$1.71	36,000	D
Restricted Stock Units	$0.0000	06/11/2026		A		5,000⁽³⁾		06/11/2029	06/11/2036	Common Shares	5,000	$1.71	41,000	D

Explanation of Responses:

1. Restricted Stock Units vests on 06/11/2027.

2. Restricted Stock Units vests on 06/11/2028.

3. Restricted Stock Units vests on 06/11/2029.

4. Vests 06/11/2036 or change of control or per terms of employment agreement.

	/s/ Houston Frost	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Usio (USIO) report for Frost Houston Korth?

Usio reported that Frost Houston Korth received equity awards, including 50,000 shares of common stock and multiple Restricted Stock Unit grants. These awards are compensation-related acquisitions, not open-market stock purchases or sales, and increase his direct equity stake in the company.

How many Usio (USIO) common shares does Frost Houston Korth hold after this Form 4?

After these awards, Frost Houston Korth directly holds 771,108 shares of Usio common stock. This figure reflects his position following the 50,000-share grant reported on June 11, 2026, and provides context for the scale of the compensation-related transaction.

What Restricted Stock Units did Frost Houston Korth receive from Usio (USIO)?

Frost Houston Korth received three Restricted Stock Unit grants of 5,000 units each, all referencing Usio common shares. These RSUs vest in annual tranches on June 11, 2027, June 11, 2028, and June 11, 2029, with 31,000 RSUs directly held after the transactions.

At what price were the Usio (USIO) equity compensation awards recorded?

The equity awards were recorded at a reference price of $1.71 per share. This price applies both to the 50,000-share common stock grant and to the Restricted Stock Unit entries, though the RSUs themselves carry a conversion price of $0.00 per underlying share.

When do Frost Houston Korth’s Usio (USIO) RSUs vest?

The Restricted Stock Units vest in stages: specific awards vest on June 11, 2027, June 11, 2028, and June 11, 2029. Additional terms indicate certain awards vest by June 11, 2036 or upon a change of control or under his employment agreement.