Frost Houston Korth 4

What Happened
Frost Houston Korth, SVP and Chief Product Officer of Usio, converted restricted stock units (RSUs) that vested into 4,000 shares of common stock on 2026-06-21 (reported on 06/22/2026). The conversion is reported as a derivative exercise/conversion (transaction code M) at a per-share value of $1.82, for a gross value of $7,280. The filing also shows a simultaneous disposal of 4,000 shares at the same $1.82 per-share value (also reported under code M).

Key Details

• Transaction date: 2026-06-21 (Form 4 filed 2026-06-22) — filing appears timely.
• Acquired: 4,000 shares @ $1.82 each = $7,280 (conversion of vested RSUs).
• Disposed: 4,000 shares @ $1.82 each = $7,280 (filing lists an equal disposal; reason not specified).
• Footnote: Shares arose from RSUs granted 06/21/2024 that vested 06/21/2026.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context: The filing reflects conversion/vesting of equity (derivative conversion of RSUs), not a market purchase. An equal number of shares were also disposed of per the report; the filing does not state whether this was a sale to cover taxes, a transfer, or another disposition. This is routine insider activity tied to vesting and does not by itself indicate an investment stance.