Frost Houston Korth 4

What Happened
Frost Houston Korth, SVP and Chief Product Officer of Usio, was granted awards totaling 65,000 restricted stock units (RSUs) on 2026-06-11. The grants are reported at an imputed price of $1.71 per share: 50,000 RSUs (50k × $1.71 = $85,500) and three separate awards of 5,000 RSUs each (5k × $1.71 = $8,550 each), for a combined reported value of approximately $111,150. This filing is an award/grant (transaction code "A"), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-11, $1.71 per share for all line items.
• Aggregate awarded: 65,000 RSUs; total reported value ≈ $111,150.
• Vesting/footnotes:
  • 50,000 RSUs vest on 06/11/2027 (F1).
  • 5,000 RSUs vest on 06/11/2028 (F2).
  • 5,000 RSUs vest on 06/11/2029 (F3).
  • 5,000 RSUs vest on 06/11/2036 or upon a change of control / per employment terms (F4).
• Shares owned after the transaction: not specified in the provided filing.
• Filing: Form 4 filed 2026-06-15 reporting the 2026-06-11 grant; this appears to be timely based on the reported dates.

Context
RSUs are derivative awards that convert into common shares upon vesting (subject to the schedules above); they are coded here as "A" for award/grant. Awards are a common form of executive compensation and do not by themselves indicate immediate buying or selling in the market. This report is informational about future potential share issuance tied to vesting conditions.