Usio Board Member Increases Stake as RSU Awards Convert to Common Stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insider Trading Alert: Ernesto R. Beyer del la Garza, Director of Usio, reported the acquisition of 7,000 shares of common stock on June 21, 2025, through the vesting and conversion of Restricted Stock Units (RSUs).
Key Transaction Details:
- Transaction resulted from RSUs granted on June 21, 2024, with a one-year vesting period
- Exercise price of RSUs: $0.00
- Conversion price of common stock: $1.44 per share
- Post-transaction holdings: 85,666 shares of common stock (Direct Ownership)
- Remaining RSU holdings: 21,000 units
The RSUs have an expiration date of June 21, 2034. This transaction was reported within the required filing deadline, with the Form 4 signed on June 23, 2025. The acquisition increases the director's direct equity stake in the company, demonstrating continued alignment with shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,000 shares exercised/converted
Mixed
2 txns
Insider
Beyer del la Garza Ernesto R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restriced Stock Units | 7,000 | $0.00 | -- |
| Exercise | Common Stock | 7,000 | $1.44 | $10K |
Holdings After Transaction:
Restriced Stock Units — 21,000 shares (Direct);
Common Stock — 85,666 shares (Direct)
Footnotes (1)
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FAQ
What type of insider transaction did USIO report in the June 2025 Form 4?
The Form 4 reported the vesting and conversion of restricted stock units (RSUs) into common stock. Specifically, 7,000 RSUs granted on June 21, 2024, vested and were converted to common shares on June 21, 2025.
How many unvested restricted stock units does Beyer still hold in USIO after the June 2025 transaction?
According to the filing, Ernesto Beyer still holds 21,000 restricted stock units of USIO following the reported transaction, with an expiration date of June 21, 2034.
What is Ernesto Beyer's role at USIO according to the Form 4?
According to the Form 4, Ernesto Beyer del la Garza serves as a Director of Usio, Inc. (USIO), but does not hold any officer positions or have 10% ownership in the company.