Usio (USIO) director awarded 24,000 Restricted Stock Units in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rollins Brad reported acquisition or exercise transactions in this Form 4 filing.
Usio director Brad Rollins received three grants of Restricted Stock Units on June 11, 2026, each covering 8,000 units tied to Usio common shares at a reference price of $1.71 per share. These awards vest in annual tranches on June 11, 2027, June 11, 2028, and June 11, 2029, and each unit is linked to one underlying common share.
All awards are held directly and are structured as long-dated equity incentives with an expiration date of June 11, 2036. After these grants, Rollins holds 43,000 Restricted Stock Units directly, aligning his compensation with future Usio share performance rather than immediate cash transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Rollins Brad
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 06/11/2029. Restricted Stock Units vests on 06/11/2028. Restricted Stock Units vests on 06/11/2027.
Key Figures
RSUs per grant: 8,000 units
Total RSUs granted: 24,000 units
Reference price: $1.71 per share
+5 more
8 metrics
RSUs per grant
8,000 units
Three separate RSU awards on June 11, 2026
Total RSUs granted
24,000 units
Sum of three 8,000-unit RSU awards
Reference price
<money>$1.71</money> per share
Transaction price per share for RSU awards
Post-grant RSU holdings
43,000 units
Total Restricted Stock Units held directly after grants
First vesting date
<date>June 11, 2027</date>
Vesting date for one 8,000-unit RSU tranche
Second vesting date
<date>June 11, 2028</date>
Vesting date for one 8,000-unit RSU tranche
Third vesting date
<date>June 11, 2029</date>
Vesting date for one 8,000-unit RSU tranche
Expiration date
<date>June 11, 2036</date>
Expiration date for the RSU derivative awards
Key Terms
Restricted Stock Units, Common Shares, Grant, award, or other acquisition, expiration date
4 terms
Restricted Stock Units financial
"security_title": "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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
expiration date financial
"expiration_date": "2036-06-11T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did Usio (USIO) report for Brad Rollins?
Usio reported that director Brad Rollins received three grants of 8,000 Restricted Stock Units each. These equity awards are compensation, not open-market share purchases or sales, and are tied to future vesting and long-term company performance.
How many Restricted Stock Units were granted to the Usio (USIO) director?
Brad Rollins was granted a total of 24,000 Restricted Stock Units, split into three awards of 8,000 units each. Each unit corresponds to one underlying Usio common share, subject to the specified vesting and expiration terms.
When do Brad Rollins’ Usio (USIO) RSU awards vest?
The RSU awards to Brad Rollins vest in three annual installments. According to the filing, the units vest on June 11, 2027, June 11, 2028, and June 11, 2029, aligning the director’s compensation with multi-year company performance.
What is the reference price for Brad Rollins’ Usio (USIO) RSUs?
Each grant of Restricted Stock Units to Brad Rollins in the filing uses a reference price of $1.71 per unit. This figure reflects the transaction price per share disclosed for the derivative awards linked to Usio common shares.
How many Usio (USIO) Restricted Stock Units does Brad Rollins hold after these grants?
After the reported RSU grants, Brad Rollins directly holds 43,000 Restricted Stock Units. This post-transaction balance reflects his accumulated derivative equity awards, which can convert into Usio common shares under the vesting and expiration terms.
Do Brad Rollins’ Usio (USIO) RSU grants involve open-market buying or selling?
The RSU grants to Brad Rollins are classified as “Grant, award, or other acquisition” transactions. They represent equity compensation awards from the company, not open-market purchases or sales, so no conventional buy or sell trade occurred in this filing.