Usio Inc SEC Filings

Michael Joseph White, SVP and Chief Accounting Officer of Usio, Inc. (USIO), reported transactions on 08/21/2025. He acquired 50,000 common shares at $1.44 each that vest on 08/21/2035 or upon a change in control. He was also granted three separate restricted stock unit awards of 6,000 RSUs each on the same date that vest on 08/21/2026, 08/21/2027 and 08/21/2028, each with an expiration of 08/21/2035. Following these reported transactions, he beneficially owns 266,537 shares directly.

Greg M. Carter, EVP & Chief Revenue Officer of Usio, Inc. (USIO), reported insider transactions dated 08/21/2025. He purchased 50,000 shares of Usio common stock at a price of $1.44 per share, bringing his reported direct beneficial ownership to 454,076 shares. On the same date he was granted three separate 6,000-unit restricted stock unit awards (RSUs) that vest on 08/21/2026, 08/21/2027, and 08/21/2028, respectively; each RSU converts to common shares and the awards include a change-of-control vesting provision through 08/21/2035 as specified. The Form 4 was signed on 08/22/2025 and reports these non-derivative and derivative-equivalent equity events without additional commentary.

Louis A. Hoch, Chairman, President and CEO of Usio, Inc. (USIO), reported an amended Form 4 showing insider purchases and restricted stock unit grants on 08/21/2025. The filing discloses an acquisition of 300,000 shares of Usio common stock at a price of $1.44 per share, bringing his reported beneficial ownership to 3,236,434 shares. The filing also reports three separate grants of 7,000 restricted stock units (RSUs) each that were granted on 08/21/2025 with staggered vesting dates: 08/21/2026, 08/21/2027 and 08/21/2028, and an additional RSU tranche that vests on 08/21/2035 under the employment agreement terms. The RSUs have a stated conversion price of $0.00 and represent common shares upon vesting.

Usio insider Louis A. Hoch reported multiple equity awards and a direct purchase on 08/21/2025. Mr. Hoch acquired 300,000 shares of Usio common stock at $1.47 per share, increasing his direct beneficial ownership to 3,236,434 shares. He also received three separate grants of 7,000 restricted stock units (RSUs) on 08/21/2025, 08/22/2025 and 08/21/2025 with staggered vesting dates of 08/21/2026, 08/21/2027 and 08/21/2028, respectively. Each RSU grant converts to common shares; post-grant reported counts for derivative holdings are shown as 32,000, 39,000 and 46,000 in the filing. The 300,000-share acquisition is subject to a vesting/holding condition that references 08/21/2035 or change of control terms per the employment agreement.

Usio, Inc. reported that effective August 18, 2025 it entered into an employment agreement with Michael White, who will serve as Senior Vice President and Chief Accounting Officer. The filing states the description is not complete and refers readers to the full employment agreement filed as Exhibit 10.1 to the Current Report, which is incorporated by reference. The report is a Form 8-K disclosure of an officer appointment and the related employment contract; no financial statements, compensation details, or other terms are provided in the text of this filing.

Form 4 Overview: On 06/21/2025, Usio, Inc. (USIO) Executive Vice-President & Chief Revenue Officer Greg M. Carter reported two insider transactions related to the vesting of restricted stock units (RSUs).

Non-Derivative Activity: Carter acquired 6,000 common shares (Transaction Code M) at a price of $1.44 following RSU conversion. To cover statutory tax withholdings, he disposed of 1,779 shares (Transaction Code F) at the same $1.44 price. After these moves, his direct ownership increased by 4,221 shares to 404,076 common shares.

Derivative Activity: Table II shows 6,000 RSUs exercised at a $0.00 conversion price, corresponding to the shares received. Carter now retains 16,000 RSUs that remain unconverted and continue to represent potential future equity.

Valuation Snapshot: Using the disclosed $1.44 per-share price, the newly retained shares represent an incremental market value of roughly $6,078, while the gross value of shares withheld for taxes was about $2,562.

Context & Implications: The filing reflects routine incentive-based vesting rather than open-market buying. Nevertheless, the net share increase modestly aligns executive interests with shareholders without signaling major strategic shifts. No other material transactions or change-in-control indicators were disclosed.

Usio, Inc. (USIO) – Form 4 insider transaction: SVP & Chief Accounting Officer Michael J. White reported activity dated 21 June 2025.

• Equity acquired: 6,000 common shares at an effective price of $1.44 per share through the vesting and conversion of previously granted RSUs.
• Shares withheld for taxes: 1,779 shares automatically returned to the issuer at the same $1.44 price to satisfy withholding obligations.
• Net result: Insider’s direct holdings increase by 4,221 shares to 216,537 common shares.
• Derivative position: 6,000 RSUs exercised; 13,200 RSUs remain outstanding, expiring 21 June 2034.

The transaction is routine compensation-related activity rather than an open-market purchase or discretionary sale, and the officer retained the majority (≈70%) of the vested shares, signalling continued equity exposure.