Usio SVP Adds 4,000 Shares via RSU Vesting; Sells 1,362 for Taxes

Usio (NASDAQ: USIO) filed a Form 4 disclosing routine equity compensation activity by Senior Vice President Card Issuing Jerry Uffner.

Rhea-AI Filing Summary

Usio (NASDAQ: USIO) filed a Form 4 disclosing routine equity compensation activity by Senior Vice President Card Issuing Jerry Uffner.

On 06/21/2025 Uffner converted 4,000 restricted stock units into common shares at an implied exercise price of $0.00. To satisfy tax withholding, he immediately surrendered 1,362 shares to the company at the $1.44 closing price, leaving a net addition of 2,638 shares. Following these transactions, Uffner’s direct holding stands at 202,638 common shares. No derivative positions remain materially affected. The filing appears to reflect standard RSU vesting rather than discretionary open-market trading.

Insights

Securities Lawyer

TL;DR – Routine RSU vesting; immaterial to broader shareholders.

This Form 4 shows a typical tax-related share withholding following RSU vesting. Transaction value (~$5,800) is well below materiality thresholds and involves a non-director officer. There is no open-market buying or selling signal, and beneficial ownership rises marginally to 202,638 shares. Absent other contemporaneous insider activity, the filing is neutral for investors.

Insider Trade Summary

4,000 shares exercised/converted

Exercise 3 txns

Insider Uffner Jerry

Role SVP, Card Issuing

Type	Security	Shares	Price	Value
Exercise	Restriced Stock Units	4,000	$0.00	$0.00
Exercise	Common Stock	4,000	$1.44	$6K
Exercise Price or Tax Liability	Common Stock	1,362	$1.44	$2K

Holdings After Transaction: Restriced Stock Units — 46,000 contracts (Direct); Common Stock — 202,638 shares (Direct)

Footnotes (2)

1. F1. The reporting person received these shares of common stock due to the vesting and subsequent conversion of restricted stock units granted on 6/21/2024 and vested 6/21/2025.
2. F2. The reporting person returned 1,362 shares to the issuer at the closing price on 6/21/2025 of 1.44 to cover taxes due.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Usio shares did SVP Jerry Uffner acquire in the June 21 2025 Form 4?

He acquired 4,000 common shares upon vesting of restricted stock units granted on 06/21/2024.

What price was used to cover taxes on Jerry Uffner’s Usio shares?

The company retained 1,362 shares at $1.44 per share (the 06/21/2025 closing price) to satisfy withholding taxes.

What is Jerry Uffner’s total direct ownership of Usio stock after the reported transactions?

After the RSU conversion and tax withholding, Uffner directly owns 202,638 common shares.

Did Jerry Uffner sell any Usio shares on the open market?

No. The only disposition was the automatic share return to the issuer for tax withholding; no open-market sale occurred.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2025 - 04:45 PM Learn about SEC filing dates

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^*

Uffner Jerry

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Card Issuing

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		4,000(1)	A	$1.44	204,000	D
Common Stock	06/21/2025		F		1,362(2)	D	$1.44	202,638	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			4,000	06/21/2025	06/21/2034	Common Stock	4,000(1)	$0.0000	46,000	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 6/21/2024 and vested 6/21/2025.

2. The reporting person returned 1,362 shares to the issuer at the closing price on 6/21/2025 of 1.44 to cover taxes due.

	/s/ Jerry Uffner	06/24/2025
	** 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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