Uffner Jerry 4

What Happened

• Jerry Uffner, Senior Vice President, Card Issuing SLS & Business Development at Usio, Inc. (USIO), was granted awards totaling 55,000 shares on 2026-06-11. The awards are reported as acquisitions at $1.71 per share, giving a notional value of $94,050.
• The grant consists of one 40,000-share award and three 5,000-share derivative awards (total 55,000). These are reported as award/grant transactions (code A), i.e., restricted stock units (RSUs) or similar equity awards — not open-market purchases or sales.

Key Details

• Transaction date and price: 2026-06-11 at $1.71 per share.
• Total shares granted: 55,000; total notional value: $94,050.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Vesting/footnotes:
  • 5,000 RSUs vest 06/11/2027 (F1)
  • 5,000 RSUs vest 06/11/2028 (F2)
  • 5,000 RSUs vest 06/11/2029 (F3)
  • 40,000 shares vest 06/11/2036 or upon change of control / per employment terms (F4)
• Filing timeliness: Form 4 filed 2026-06-15 for a 2026-06-11 transaction. This filing date falls within the standard two-business-day window and appears timely.

Context

• These awards are RSUs (derivative grants) that convert into actual shares only when they vest; they do not represent an immediate sale or purchase of stock on the market.
• Grants like this typically reflect compensation or retention incentives rather than a direct market sentiment signal; they should be viewed as part of executive pay rather than an insider buying stock.
• No indication in the filing that shares were sold or that a 10% owner transaction occurred.