Usio (NASDAQ: USIO) accounting chief nets 4,221 shares after RSU tax cover

Rhea-AI Filing Summary

Usio, Inc. (USIO) reported that officer Michael Joseph White, SVP and Chief Accounting Officer, exercised and converted 6,000 Restricted Stock Units into an equal number of shares of common stock on August 21, 2026 at a reference price of $2.81 per share. These shares arose from RSUs granted on August 21, 2025 that vested on August 21, 2026. On the same date, he returned 1,779 shares of common stock to the issuer at $2.81 per share to cover taxes due, resulting in net 4,221 shares retained from this vesting event. Following the transaction, he directly holds 33,000 Restricted Stock Units.

Insider Trade Summary

Net Buyer: 4,221 shares

Net Buy 3 txns

Insider White Michael Joseph

Role SVP, Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1	6,000	$2.81	$17K
Exercise	Common Stock F1	6,000	$2.81	$17K
Tax Withholding	Common Stock F2	1,779	$2.81	$5K

Holdings After Transaction: Restricted Stock Units — 33,000 shares (Direct); Common Stock — 326,179 shares (Direct)

Footnotes (2)

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.
2. F2. The reporting person returned 1,779 shares to the issuer at the closing price of 2.81 on August 21, 2026, to cover taxes due.

Key Figures

RSUs converted to common stock: 6,000 shares Shares returned for taxes: 1,779 shares Reference price per share: $2.81 per share +3 more

6 metrics

RSUs converted to common stock 6,000 shares RSUs granted August 21, 2025 and vested August 21, 2026

Shares returned for taxes 1,779 shares Returned to issuer on August 21, 2026 to cover taxes due

Reference price per share $2.81 per share Closing price used for RSU conversion and tax-cover return on August 21, 2026

Net shares retained from vesting 4,221 shares 6,000 RSU shares received less 1,779 shares returned for taxes

Restricted Stock Units held after transaction 33,000 RSUs Direct RSU holdings reported following the August 21, 2026 exercise

Tax-cover transaction shares 1,779 shares Code F transaction for payment of tax liability by returning shares

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 transactions did Usio (USIO) insider Michael Joseph White report on August 21, 2026?

He reported the vesting and conversion of 6,000 Restricted Stock Units into common stock at $2.81 per share, and the return of 1,779 shares to Usio to cover taxes due on the same date.

How many Usio (USIO) shares did the insider net from the RSU vesting?

From the 6,000 shares of common stock received upon RSU vesting, 1,779 shares were returned to the issuer to cover taxes, leaving a net of 4,221 shares retained from this specific vesting event.

What price per share was used in Michael Joseph White’s Usio (USIO) Form 4 transactions?

Both the RSU conversion and the tax-related share return used a price of $2.81 per share, which is described as the closing price on August 21, 2026 for the tax-cover transaction.

How many Restricted Stock Units does the Usio (USIO) officer hold after these transactions?

After the August 21, 2026 transactions, Michael Joseph White is reported as directly holding 33,000 Restricted Stock Units, separate from any common stock received or returned in this event.

Was the sale of Usio (USIO) shares by Michael Joseph White part of a 10b5-1 trading plan?

The filing shows the Rule 10b5-1 checkbox as not affirmed (false), and the footnotes do not state that these transactions were made under a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/25/2026 - 03:34 PM Accepted by SEC EDGAR 08/25/2026 - 03:34 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

White Michael Joseph

(Last) (First) (Middle)

3611 PAESANOS PARKWAY

SUITE 300

(Street)

SAN ANTONIO TEXAS 78231

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Usio, Inc. [ USIO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/21/2026		M		6,000(1)	A	$2.81	327,958	D
Common Stock	08/21/2026		F		1,779(2)	D	$2.81	326,179	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.0000	08/21/2026		M			6,000(1)	08/21/2026	08/21/2035	Restricted Stock Units	6,000(1)	$2.81	33,000	D

Explanation of Responses:

1. 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.

2. The reporting person returned 1,779 shares to the issuer at the closing price of 2.81 on August 21, 2026, to cover taxes due.

	/s/ Michael White	08/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)