Usio (NASDAQ: USIO) director converts 7,000 RSUs, withholds tax shares
Rhea-AI Filing Summary
Usio, Inc. (USIO) director Ernesto R Beyer del la Garza reported equity compensation activity involving restricted stock units and common stock. On August 21, 2026, 7,000 restricted stock units granted on June 21, 2025 vested and were converted into 7,000 shares of common stock at an exercise price of $0.00 per share, valued at $2.81 per share. Of these, 2,000 shares were returned to the issuer at $2.81 per share to cover taxes due, and the reporting person reported holding 45,000 restricted stock units afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
3 txns
Insider
Beyer del la Garza Ernesto R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restriced Stock Units F1 | 7,000 | $2.81 | $20K |
| Exercise | Common Stock F1 | 7,000 | $2.81 | $20K |
| Tax Withholding | Common Stock F2 | 2,000 | $2.81 | $6K |
Holdings After Transaction:
Restriced Stock Units — 45,000 shares (Direct);
Common Stock — 100,222 shares (Direct)
Footnotes (2)
- F1. The reporting person received these shares of common stock due to the vesting and subsequent conversion of restricted stock units granted on 06/21/2025 and vested 06/21/2026.
- F2. The reporting person returned 2,000 shares to the issuer at the closing price of 2.81 on August 21, 2026, to cover taxes due.
Key Figures
Restricted stock units converted: 7,000 units
Common shares received from RSU conversion: 7,000 shares
Shares returned for taxes: 2,000 shares
+3 more
6 metrics
Restricted stock units converted
7,000 units
RSUs granted on 06/21/2025 and vested 06/21/2026, converted on 08/21/2026
Common shares received from RSU conversion
7,000 shares
Shares of Usio common stock received upon RSU vesting and conversion
Shares returned for taxes
2,000 shares
Returned to issuer on 08/21/2026 to cover taxes due
Closing price per share
$2.81
Price used for the 2,000 shares returned to cover taxes on 08/21/2026
Exercise or conversion price of RSUs
$0.00 per share
Conversion price for the restricted stock units exercised on 08/21/2026
Restricted stock units held after transaction
45,000 units
Total RSUs reported as held following the 7,000-unit conversion
Key Terms
Restricted Stock Units, Exercise or conversion of derivative security, Payment of tax liability by delivering or withholding securities
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of tax liability by delivering or withholding securities"
FAQ
What insider equity transaction did USIO director Ernesto R Beyer del la Garza report?
He reported the vesting and conversion of 7,000 restricted stock units into common stock on August 21, 2026, originally granted on June 21, 2025 and vested June 21, 2026, along with a related tax-withholding share return to the issuer.
How many restricted stock units does the USIO director report holding after these transactions?
After the August 21, 2026 vesting and conversion, the reporting person shows a remaining position of 45,000 restricted stock units, reflecting derivative holdings that were not converted in this transaction sequence.
Was this Usio (USIO) Form 4 transaction a market buy or sell?
No market purchase or sale was reported. The filing shows an exercise/conversion of 7,000 restricted stock units into common stock and the return of 2,000 shares to the issuer to satisfy tax obligations, rather than open-market trading.
AI-generated analysis. How Rhea-AI works. Not financial advice.