Usio (NASDAQ: USIO) CEO nets shares after RSU vesting and tax payment

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Usio, Inc. Chairman, President and CEO Louis A. Hoch reported routine equity compensation activity. On 06/21/2026, 7,000 restricted stock units vested and converted into common stock at a reference price of $1.82 per share. To cover taxes due on this vesting, he returned 2,755 shares to the issuer at the same price. Following these transactions, Hoch directly holds 3,506,334 shares of Usio common stock. These are not open-market purchases or sales but compensation-related exercises and tax-withholding dispositions.

Insider Trade Summary

7,000 shares exercised/converted

Mixed 3 txns

Insider HOCH LOUIS A

Role Chairman, President and CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	7,000	$1.82	$13K
Exercise	Common Stock	7,000	$1.82	$13K
Tax Withholding	Common Stock	2,755	$1.82	$5K

Holdings After Transaction: Restricted Stock Units — 49,000 shares (Direct, null); Common Stock — 3,509,089 shares (Direct, null)

Footnotes (1)

The reporting person received these shares of common stock due to the vesting and subsequent conversion of restricted stock units granted on 06/21/2024 and vested 06/21/2026. The reporting person returned 2,755 shares to the issuer at the closing price of 1.82 on 06/21/2026 to cover taxes due.

Key Figures

RSUs vested and converted: 7,000 shares Tax-withholding shares: 2,755 shares Reference share price: $1.82 per share +2 more

5 metrics

RSUs vested and converted 7,000 shares Restricted stock units vested and converted on 06/21/2026 at $1.82

Tax-withholding shares 2,755 shares Returned to issuer at $1.82 per share to cover taxes

Reference share price $1.82 per share Price used for RSU conversion and tax-withholding return on 06/21/2026

Post-transaction holdings 3,506,334 shares Usio common stock held directly by Louis A. Hoch after transactions

Remaining RSUs 49,000 units Restricted Stock Units reported as derivative holdings after the exercise entry

Key Terms

Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion

3 terms

Restricted Stock Units financial

"The reporting person received these shares of common stock due to the vesting and subsequent conversion of restricted stock units..."

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.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition for 2,755 shares returned to the issuer"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative exercise/conversion financial

"transaction_action: derivative exercise/conversion describing the RSU vesting into 7,000 common shares"

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Form 4 Insider Transactions: What Each Field Means →

06/22/2026 - 05:44 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^*

HOCH LOUIS A

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/21/2026

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	06/21/2026		M		7,000⁽¹⁾	A	$1.82	3,509,089	D
Common Stock	06/21/2026		F		2,755⁽²⁾	D	$1.82	3,506,334	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	06/21/2026		M			7,000⁽¹⁾	06/21/2026	06/21/2034	Common Shares	7,000	$1.82	49,000	D

Explanation of Responses:

1. The reporting person received these shares of common stock due to the vesting and subsequent conversion of restricted stock units granted on 06/21/2024 and vested 06/21/2026.

2. The reporting person returned 2,755 shares to the issuer at the closing price of 1.82 on 06/21/2026 to cover taxes due.

	/s/ Louis Hoch	06/22/2026
	** 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 did Usio (USIO) CEO Louis Hoch report in this Form 4?

Louis A. Hoch reported routine equity compensation activity. 7,000 restricted stock units vested and converted into common stock, and 2,755 shares were returned to Usio to cover taxes, rather than being sold in the open market.

How many Usio (USIO) shares did the CEO receive from RSU vesting?

The CEO received 7,000 shares of Usio common stock from the vesting and conversion of restricted stock units granted on June 21, 2024 and vested on June 21, 2026, at a reference price of $1.82 per share.

How many Usio (USIO) shares were used to pay taxes on the RSU vesting?

Louis A. Hoch returned 2,755 shares of Usio common stock to the issuer at a price of $1.82 per share to cover taxes due on the RSU vesting, a standard tax-withholding disposition rather than an open-market stock sale.

How many Usio (USIO) shares does the CEO own after these transactions?

After the RSU vesting and related tax-withholding disposition, Louis A. Hoch directly holds 3,506,334 shares of Usio common stock, as reported in the Form 4, reflecting his substantial ongoing equity stake in the company.

Were the Usio (USIO) CEO’s reported transactions open-market trades?

No, the reported transactions were not open-market trades. They involved the vesting and conversion of 7,000 restricted stock units into common shares and the return of 2,755 shares to Usio to satisfy tax obligations tied to that vesting.