Usio director gains 7,000 shares from RSU vesting
Usio, Inc. (USIO) director Elizabeth Michelle Miller reported the vesting and conversion of 7,000 Restricted Stock Units into 7,000 shares of Common Stock on August 21, 2026.
Rhea-AI Filing Summary
Usio, Inc. (USIO) director Elizabeth Michelle Miller reported the vesting and conversion of 7,000 Restricted Stock Units into 7,000 shares of Common Stock on August 21, 2026. The RSU position decreased as the units were converted, while directly held Common Stock increased.
After the transactions, Miller directly held 78,194 shares of Common Stock and 45,000 Restricted Stock Units. The footnote states the RSUs were originally granted on August 21, 2025 and vested on August 21, 2026, and no Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,000 shares exercised/converted
Exercise
2 txns
Insider
Miller Elizabeth Michelle
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 |
Holdings After Transaction:
Restriced Stock Units — 45,000 contracts (Direct);
Common Stock — 78,194 shares (Direct)
Footnotes (1)
- F1. The reporting person received these shares of common stock due to the vesting and subsequent conversion of restricted stock units granted on August 21, 2025, and vested on August 21, 2026.
Key Figures
RSUs converted: 7,000 units
Transaction price per share: $2.81 per share
Common Stock after transaction: 78,194 shares
+4 more
7 metrics
RSUs converted
7,000 units
Restricted Stock Units vested and converted on August 21, 2026
Transaction price per share
$2.81 per share
Price reported for 7,000-share RSU conversion on August 21, 2026
Common Stock after transaction
78,194 shares
Directly held by Elizabeth Michelle Miller after August 21, 2026 transaction
Restricted Stock Units after transaction
45,000 units
Remaining RSU position following the 7,000-unit conversion
RSU grant date
August 21, 2025
Date the reported Restricted Stock Units were originally granted
RSU vesting date
August 21, 2026
Date the RSUs vested and converted into Common Stock
RSU exercise price
$0.00
Conversion or exercise price reported for the Restricted Stock Units
Key Terms
Restricted Stock Units, vested, derivative security, conversion or exercise price
4 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.
vested financial
"restricted stock units granted on August 21, 2025, and vested on August 21, 2026"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
conversion or exercise price financial
"conversion or exercise price: 0.0000"
FAQ
What insider transaction did Usio, Inc. (USIO) report for Elizabeth Michelle Miller?
Usio, Inc. reported that director Elizabeth Michelle Miller had 7,000 Restricted Stock Units vest and convert into 7,000 shares of Common Stock on August 21, 2026, as a result of an RSU grant made on August 21, 2025.
What was the price associated with the Usio (USIO) RSU conversion on this Form 4?
The Form 4 shows a transaction price of $2.81 per share for the 7,000 shares involved in the RSU conversion on August 21, 2026. The RSUs carried a $0.00 exercise or conversion price as they vested.
Were the Usio (USIO) insider transactions made under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and the footnote describing the RSU vesting and conversion does not state that the transactions were made under a Rule 10b5-1 trading plan.
What is the nature of the derivative transaction reported for Usio (USIO) on this Form 4?
The derivative transaction reflects the exercise or conversion of 7,000 Restricted Stock Units into an equal number of Usio Common Stock shares on August 21, 2026, reducing the RSU balance and increasing the common share holdings.
When were the Usio (USIO) Restricted Stock Units granted and when did they vest?
The footnote states the Restricted Stock Units were granted on August 21, 2025 and vested on August 21, 2026, at which time they converted into 7,000 shares of Usio Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
