Usio (NASDAQ: USIO) product chief adds 5,642 shares via plan
Rhea-AI Filing Summary
Usio, Inc. (USIO) reported that officer Frost Houston Korth, SVP and Chief Product Officer, acquired 5,642 shares of Usio common stock on July 1, 2026. The shares were obtained through an employee stock purchase program at a price of $0.986 per share, bringing Korth’s directly held stake to 785,120 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,642 shares
Net Buy
1 txn
Insider
Frost Houston Korth
Role
SVP, Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 5,642 | $0.986 | $6K |
Holdings After Transaction:
Common Stock — 785,120 shares (Direct)
Footnotes (1)
- F1. The reported shares were purchased pursuant to an employee stock purchase program at a purchase price of $0.986 per share.
Key Figures
Shares acquired: 5,642 shares of Common Stock
Purchase price per share: $0.986 per share
Shares owned after transaction: 785,120 shares
3 metrics
Shares acquired
5,642 shares of Common Stock
Grant, award, or other acquisition on July 1, 2026
Purchase price per share
$0.986 per share
Employee stock purchase program
Shares owned after transaction
785,120 shares
Direct ownership following the July 1, 2026 acquisition
Key Terms
employee stock purchase program, Grant, award, or other acquisition
2 terms
employee stock purchase program financial
"shares were purchased pursuant to an employee stock purchase program"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did USIO report for Frost Houston Korth?
Usio reported that Frost Houston Korth acquired 5,642 shares of common stock on July 1, 2026 through an employee stock purchase program at a price of $0.986 per share.
Was the USIO Form 4 transaction made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is false, indicating the transaction was not affirmed as made under a Rule 10b5-1 trading plan.
Is Frost Houston Korth an officer of USIO?
Yes. The filing identifies Frost Houston Korth as an officer of Usio, serving as SVP, Chief Product Officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.