Usio director receives 7,000 shares from RSU vest
Usio, Inc. director Brad Rollins reported a compensation-related equity transaction.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Usio, Inc. director Brad Rollins reported a compensation-related equity transaction. On June 21, 2026, 7,000 restricted stock units vested and were converted into 7,000 shares of Usio common stock at a stated value of $1.82 per share. Following this vesting and conversion, Rollins directly holds 143,667 shares of common stock and 52,000 restricted stock units. The footnote explains these shares arose from RSUs originally granted on June 21, 2024 that vested two years later, indicating a routine equity award vesting rather than an open-market purchase or sale.
Insider Trade Summary
7,000 shares exercised/converted
Exercise
2 txns
Insider
Rollins Brad
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,000 | $1.82 | $13K |
| Exercise | Common Stock | 7,000 | $1.82 | $13K |
Holdings After Transaction:
Restricted Stock Units — 52,000 contracts (Direct);
Common Stock — 143,667 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
RSUs vested and converted: 7,000 units/shares
Stated transaction price: $1.82 per share
Common shares after transaction: 143,667 shares
+4 more
7 metrics
RSUs vested and converted
7,000 units/shares
Restricted stock units vested and converted on June 21, 2026
Stated transaction price
$1.82 per share
Value associated with 7,000-share RSU conversion
Common shares after transaction
143,667 shares
Direct Usio common stock holdings following RSU vesting
RSUs remaining after transaction
52,000 units
Restricted stock units held after June 21, 2026
RSU grant date
June 21, 2024
Original grant date of vested restricted stock units
RSU vesting date
June 21, 2026
Date RSUs vested and converted to common shares
RSU expiration date
June 21, 2034
Expiration date listed for RSU derivative award
Key Terms
restricted stock units, derivative exercise/conversion, Form 4, common stock, +1 more
5 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 granted on 06/21/2024"
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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion", "transaction_code_description": "Exercise or conversion of derivative security""
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "Usio, Inc.","
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
common stock financial
""security_title": "Common Stock", "transaction_date": "2026-06-21T00:00:00.000Z""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
derivative security financial
""transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Usio (USIO) director Brad Rollins report?
Brad Rollins received 7,000 Usio common shares from vesting restricted stock units. The RSUs, granted on June 21, 2024, vested on June 21, 2026 and converted into shares at a stated value of $1.82 per share, with no open-market trade involved.
Was the Usio (USIO) Form 4 for Brad Rollins a stock sale or a vesting event?
The Form 4 reflects a vesting event, not a stock sale. 7,000 restricted stock units vested and converted into 7,000 common shares as compensation, classified as a derivative exercise/conversion, with no reported open-market buying or selling of Usio shares.
What price is associated with Brad Rollins’ Usio (USIO) RSU conversion on June 21, 2026?
The RSU conversion uses a stated value of $1.82 per share for the 7,000 units. Although the conversion price for the RSUs themselves is $0.00, the transaction price per share is reported as $1.82, providing a reference value for the equity award.
What are the key details of the restricted stock units reported by Usio (USIO) director Brad Rollins?
The derivative position involved 7,000 restricted stock units granted on June 21, 2024 and vested on June 21, 2026. They converted into 7,000 common shares, and the RSU award shows a zero exercise price with an expiration date listed as June 21, 2034.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates