Usio (NASDAQ: USIO) director awarded 24,000 Restricted Stock Units in Form 4

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Miller Elizabeth Michelle reported acquisition or exercise transactions in this Form 4 filing.

Usio, Inc. director Elizabeth Michelle Miller reported the grant of three awards of 8,000 Restricted Stock Units (RSUs) each, tied to Usio common shares. These are compensation-related equity awards, not open‑market purchases or sales.

The RSUs were granted at a reference price of $1.71 per unit and are scheduled to vest in stages on June 11 of 2027, 2028, and 2029, aligning Miller’s compensation with the company’s long-term performance.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Miller Elizabeth Michelle

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	8,000	$1.71	$14K
Grant/Award	Restricted Stock Units	8,000	$1.71	$14K
Grant/Award	Restricted Stock Units	8,000	$1.71	$14K

Holdings After Transaction: Restricted Stock Units — 43,000 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.

Key Figures

RSU grant size: 8,000 RSUs Total RSUs granted: 24,000 RSUs Grant price: $1.71 per RSU +3 more

6 metrics

RSU grant size 8,000 RSUs Each of three awards to director Miller

Total RSUs granted 24,000 RSUs Sum of three 8,000-unit grants

Grant price $1.71 per RSU Reported transaction price per unit

Vesting date 1 June 11, 2027 First RSU tranche vesting date

Vesting date 2 June 11, 2028 Second RSU tranche vesting date

Vesting date 3 June 11, 2029 Third RSU tranche vesting date

Key Terms

Restricted Stock Units, Common Shares, Form 4, Grant, award, or other acquisition

4 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units" and related vesting footnotes"

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.

Common Shares financial

"underlying_security_title: "Common Shares" for the RSU awards"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

Form 4 regulatory

"INSIDER FILING DATA (Form 4) for 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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

06/15/2026 - 06:31 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^*

Miller Elizabeth Michelle

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

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)

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		8,000⁽¹⁾		06/11/2027	06/11/2036	Common Shares	8,000	$1.71	43,000	D
Restricted Stock Units	$0.0000	06/11/2026		A		8,000⁽²⁾		06/11/2028	06/11/2036	Common Shares	8,000	$1.71	51,000	D
Restricted Stock Units	$0.0000	06/11/2026		A		8,000⁽³⁾		06/11/2029	06/11/2036	Common Shares	8,000	$1.71	59,000	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.

	/s/ Elizabeth Michelle Miller	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 transaction did Usio (USIO) report for Elizabeth Michelle Miller?

Usio reported that director Elizabeth Michelle Miller received three grants of 8,000 Restricted Stock Units each. These RSU awards are equity-based compensation tied to Usio common shares, not open‑market stock purchases or sales by the director.

How many Restricted Stock Units did the Usio (USIO) director receive?

Elizabeth Michelle Miller received three separate awards of 8,000 Restricted Stock Units, totaling 24,000 RSUs. Each RSU represents a right to receive one Usio common share upon vesting, subject to the specified future vesting dates and applicable award conditions.

When do the newly granted Usio (USIO) Restricted Stock Units vest?

The RSUs granted to Elizabeth Michelle Miller vest in three annual tranches. According to the disclosure, the units are scheduled to vest on June 11, 2027, June 11, 2028, and June 11, 2029, providing a long-term incentive structure for the director.

What was the reference price for the Usio (USIO) RSU grants?

Each Restricted Stock Unit was reported with a transaction price of $1.71. This figure serves as the reference grant price for the awards and reflects the valuation used for the equity compensation at the time the RSUs were granted to the director.

Does the Usio (USIO) Form 4 show any stock sales or open‑market purchases?

The Form 4 only shows RSU grants classified as acquisitions under code A, indicating compensation awards. It does not report any open‑market stock purchases or sales, tax‑withholding dispositions, or gift transactions for Elizabeth Michelle Miller in this filing.