Usio (USIO) CPO Frost Korth Receives 6,000 Shares Through RSU Vesting

What Happened

• Frost Houston Korth, SVP and Chief Product Officer of Usio, had 6,000 restricted stock units vest and convert into 6,000 common shares on August 21, 2026 (transaction code M). The conversion value was $2.81 per share, totaling $16,860.
• To cover withholding/tax obligations, 1,630 of those shares were returned to the company at the closing price of $2.81 (transaction code F) for $4,580. Net shares retained from this vesting: 4,370 (approx. $12,280 at $2.81).

Key Details

• Transaction date: August 21, 2026; Price used: $2.81 per share.
• Reported transactions: M = conversion/vesting of RSUs (6,000 shares acquired); F = tax withholding/disposition (1,630 shares returned).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — Shares resulted from vesting and conversion of RSUs granted Aug 21, 2025 (vested Aug 21, 2026). F2 — 1,630 shares were returned to the issuer to cover taxes at the $2.81 closing price.
• Filing date: August 25, 2026. The Form 4 was filed within the typical two-business-day window following the Aug 21 transaction (timely).

Context

• This was an RSU vesting/conversion event, not an open-market buy or discretionary sale. The withholding of shares to cover taxes (sell-to-cover) is a common administrative step and does not by itself indicate a bullish or bearish signal.
• Transaction codes: M = exercise/conversion of a derivative security (here, RSUs); F = payment of exercise price or tax withholding.