Beyer del la Garza Ernesto R 4

What Happened Ernesto R. Beyer del la Garza, a director of Usio, converted vested restricted stock units (RSUs) into 7,000 shares of common stock on 2026-06-21. The reported per-share amount tied to the conversion/exercise is $1.82, giving a total value of $12,740. The Form 4 records both an acquisition entry (7,000 shares acquired via derivative conversion) and a matching disposition entry for 7,000 shares on the same date; a footnote explains the shares came from RSUs granted 06/21/2024 that vested 06/21/2026.

Key Details

• Transaction date: 2026-06-21; reported on Form 4 filed 2026-06-23 (appears timely).
• Price shown: $1.82 per share; total reported value ≈ $12,740 for 7,000 shares.
• Transaction code: M (exercise/conversion of derivative instrument — here, conversion of RSUs).
• Shares owned after the transaction: not provided in the information supplied.
• Footnote: Shares resulted from RSUs granted 06/21/2024 and vested 06/21/2026.

Context This was not an open-market purchase or sale by the director but a conversion/vesting event resulting in issuance of common stock. The filing shows both acquisition and a corresponding disposition entry tied to the conversion mechanics; no separate open-market sale is reported. Such RSU vesting events are routine compensation-related transactions and do not, by themselves, indicate the insider’s market view.