Usio Board Member Blaise Bender Increases Stake as RSUs Convert to Common Stock

Rhea-AI Filing Summary

Usio director Blaise Bender reported a significant insider transaction on June 21, 2025. The transaction involved the conversion of Restricted Stock Units (RSUs) into common stock:

• 7,000 RSUs converted to common shares at $1.44 per share
• RSUs were originally granted on June 21, 2024 and vested on June 21, 2025
• Following the transaction, Bender owns 105,877 shares directly
• Bender retains 24,200 RSUs with expiration date of June 21, 2034

This Form 4 filing indicates standard executive compensation vesting activity, with the director exercising RSUs upon their one-year vesting date. The transaction increases Bender's direct equity stake in the company, aligning with typical board member compensation structures.

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

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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^*

Bender Blaise

(Last) (First) (Middle)

3611 PAESANOS PARKWAY

SUITE 300

(Street)

SAN ANTONIO TX 78231

(City) (State) (Zip)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/21/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/21/2025		M		7,000(1)	A	$1.44	105,877	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restriced Stock Units	$0.0000	06/21/2025		M			7,000(1)	06/21/2025	06/21/2034	Common Shares	7,000	$0.0000	24,200	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 06/21/2025.

	/s/ Blaise Bender	06/23/2025
	** 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.
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FAQ

How many USIO shares did Director Blaise Bender acquire on June 21, 2025?

Director Blaise Bender acquired 7,000 shares of USIO common stock on June 21, 2025, at a price of $1.44 per share through the conversion of restricted stock units (RSUs).

What is Blaise Bender's total USIO stock ownership after the June 2025 transaction?

Following the reported transaction, Blaise Bender directly owns 105,877 shares of USIO common stock.

When were USIO Director Bender's RSUs originally granted and when did they vest?

The restricted stock units were originally granted on June 21, 2024, and vested one year later on June 21, 2025.

How many restricted stock units (RSUs) does Blaise Bender still hold in USIO after this transaction?

After the reported transaction, Blaise Bender still holds 24,200 restricted stock units of USIO.

What position does Blaise Bender hold at USIO according to the Form 4?

According to the Form 4 filing, Blaise Bender serves as a Director of USIO, Inc., as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.