Usio Inc SEC Filings

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.

Insider Filing Overview: On 06/24/2025 Usio, Inc. (USIO) submitted a Form 4 disclosing that Senior Vice President & Chief Product Officer Houston Korth Frost converted restricted stock units (RSUs) into common shares.

Key transaction details

• Date of transaction: 06/21/2025 (reported code M – derivative conversion)
• Securities acquired: 4,000 common shares
• Conversion price: $0.00; filing cites market price of $1.44 per share (approx. $5,760 total value)
• Source: RSUs granted 06/21/2024, vested 06/21/2025

Post-transaction holdings

• Total direct common-stock ownership rises to 667,108 shares
• Derivative holdings (unvested/remaining RSUs): 12,000 units

Investment takeaways

• The conversion is non-cash and does not involve an open-market purchase or sale, so immediate market supply/demand is unaffected.
• The award size is modest relative to typical daily volume and outstanding share count, implying limited dilution impact.
• Incremental ownership reinforces management-shareholder alignment but, by itself, is unlikely to materially influence valuation or governance dynamics.

Usio (NASDAQ: USIO) filed a Form 4 disclosing routine equity compensation activity by Senior Vice President Card Issuing Jerry Uffner.

On 06/21/2025 Uffner converted 4,000 restricted stock units into common shares at an implied exercise price of $0.00. To satisfy tax withholding, he immediately surrendered 1,362 shares to the company at the $1.44 closing price, leaving a net addition of 2,638 shares. Following these transactions, Uffner’s direct holding stands at 202,638 common shares. No derivative positions remain materially affected. The filing appears to reflect standard RSU vesting rather than discretionary open-market trading.

Louis A. Hoch, Chairman, President and CEO of Usio, reported significant insider transactions on June 21, 2025. The transactions involved:

• Acquisition of 7,000 shares of common stock at $1.44 per share through the vesting and conversion of Restricted Stock Units (RSUs)
• Disposition of 2,755 shares at $1.44 per share to cover tax obligations
• Following these transactions, Hoch directly owns 2,936,434 shares of Usio common stock
• Maintains ownership of 25,000 RSUs with an expiration date of June 21, 2034

As a Director, 10% Owner, and senior executive, Hoch's trading activity provides significant insight into insider ownership patterns. The transactions were executed pursuant to a planned RSU vesting schedule, with shares withheld for tax purposes rather than open market sales.

Elizabeth Michelle Miller, Director at Usio, reported significant insider transactions on June 22, 2025. The transactions involved:

• 22,222 shares of common stock acquired at $1.44 per share through the vesting and conversion of Restricted Stock Units (RSUs) granted on June 22, 2024
• 5,556 shares were subsequently disposed of at $1.44 per share to cover tax obligations
• Following these transactions, Miller's direct ownership stands at 62,694 shares
• Miller retains 16,000 unvested RSUs with an expiration date of June 22, 2034

The transactions were executed under standard RSU vesting procedures and tax-related share withholding, demonstrating typical insider compensation activity rather than open market transactions. The Form 4 was filed within the required reporting window on June 24, 2025.

Usio, Inc. (USIO) – Form 4 insider filing dated 06/23/2025

Director Brad Rollins reported the conversion of 7,000 restricted stock units (RSUs) into common shares on 06/21/2025. The transaction is coded “M,” indicating the automatic disposition of the derivative (RSUs) and acquisition of underlying common stock upon vesting. The stated conversion price is $1.44 per share, though RSUs typically convert at no cash cost to the insider.

Following the settlement, Rollins’ directly held stake increases to 129,667 common shares. The derivative holdings column shows 21,000 RSUs remain outstanding, with an exercise price of $0.00 and an expiration date of 06/21/2034.

No sale of shares occurred, no 10b5-1 trading plan was referenced, and the filing does not indicate that Rollins is relinquishing Section 16 reporting status. The transaction represents routine equity compensation vesting rather than an open-market purchase.

• Insider role: Director (non-officer)
• Transaction type: RSU vesting (Code M)
• Shares acquired: 7,000
• Total direct ownership post-transaction: 129,667 shares

While the absolute share count is modest relative to Usio’s float, incremental insider ownership can signal confidence and improve alignment with shareholders. However, the event is considered routine and is unlikely to have a material impact on valuation or liquidity.

Usio (USIO) filed a routine Form S-8 on June 29, 2025 to register shares that may be issued under the company’s new 2025 Comprehensive Equity Incentive Plan. The statement incorporates by reference Usio’s most recent 10-K, 10-Q and several 8-K filings, and it outlines standard Nevada-law indemnification provisions for directors and officers. No new financial results, risk factors or material transactions are disclosed; the document is purely administrative, enabling the company to issue equity awards to employees, directors and other eligible participants.

Usio (NASDAQ: USIO) filed a routine Form S-8 registration statement on June 29, 2025 to register 265,459 additional shares of common stock for issuance under its 2023 Employee Stock Purchase Plan. The filing merely adds shares pursuant to the ESPP’s annual “evergreen” increase provision and incorporates by reference the company’s latest Form 10-K, Form 10-Q, and recent Form 8-K reports. No new financial results, business updates, or risk factors were disclosed beyond standard indemnification language for directors and officers.