Usio, Inc.·4

Jun 22, 5:49 PM ET

Uffner Jerry 4

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Usio (USIO) SVP Jerry Uffner Receives RSUs, Covers Taxes

What happened Jerry Uffner, SVP and Head of Card Issuing at Usio (USIO), had 4,000 restricted stock units vest and convert into common shares on 06/21/2026 (recorded as derivative conversion/exercise). The conversion created 4,000 shares valued at $1.82 each (total $7,280). To satisfy tax withholding, Uffner returned/surrendered 1,368 of those shares to the issuer at $1.82 per share (value $2,490).

Key details

  • Transaction date: 2026-06-21; Form filed: 2026-06-22 (timely).
  • Primary entries: M (exercise/conversion of derivative) — 4,000 shares acquired at $1.82 ($7,280); F (tax withholding) — 1,368 shares disposed at $1.82 ($2,490).
  • Footnotes: F1 — shares issued due to RSUs granted 06/21/2024 and vested 06/21/2026. F2 — 1,368 shares returned to issuer to cover taxes at $1.82.
  • Shares owned after transaction: not disclosed in the filing.
  • No open-market sale was reported beyond the tax-withholding surrender (routine withholding).

Context This was a vesting/conversion of RSUs with a partial share surrender to cover taxes (common, administrative). The filing uses code M for conversion/exercise of a derivative and F for shares surrendered for tax withholding; it does not indicate an intentional market sale or investment decision by the insider.