HOCH LOUIS A 4

What Happened

• Louis A. Hoch, a 10% owner of Usio, Inc. (USIO), was granted stock awards on 2026-06-11. The filing shows a primary award of 300,000 shares at $1.71 per share (value $513,000) plus three derivative awards of 7,000 shares each at $1.71 ($11,970 each), for a total of 321,000 shares valued at approximately $548,910. These transactions are recorded as awards/grants (transaction code A).

Key Details

• Transaction date and price: 2026-06-11 at $1.71 per share.
• Breakdown and values: 300,000 shares = $513,000; three awards of 7,000 shares each = $11,970 each; total ≈ $548,910.
• Vesting / derivative notes: Footnotes indicate vesting schedules — awards vest on 06/11/2027, 06/11/2028, 06/11/2029, and one vests on 06/11/2036 (or upon change of control / per employment terms).
• Shares owned after transaction: Not specified in the summary provided — see the Form 4 for post-transaction holdings.
• Filing timeliness: The Form 4 was filed 2026-06-15 for a 2026-06-11 transaction (filed four days later), which appears late relative to the usual two-business-day Form 4 deadline.

Context

• These are awards/RSUs (not open-market purchases or sales), so they reflect compensation or contractual grants rather than an immediate market bet by the insider. RSU/award grants typically vest over time per the footnotes; they do not necessarily indicate short-term buying or selling intent.
• As a 10% owner, Hoch is a significant shareholder; such grants can be part of compensation or change-of-control arrangements. For exact post-grant ownership and full filing details, consult the SEC Form 4 (accession 0001096906-26-000955).