4Filed Aug 25, 8:00 PM ET

Usio SVP Frost Houston Korth Buys 5,642 Shares (ESPP)

$USIO · Usio, Inc.

Research Summary

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Usio SVP Frost Houston Korth Buys 5,642 Shares (ESPP)

What Happened

  • Frost Houston Korth, Senior Vice President and Chief Product Officer of Usio, Inc. (USIO), acquired 5,642 shares on July 1, 2026. The reported acquisition price was $0.99 per share (total ≈ $5,563).
  • A footnote clarifies the shares were purchased under Usio's employee stock purchase program at $0.986 per share.

Key Details

  • Transaction date: 2026-07-01; reported price: $0.986 per share (rounded on form to $0.99).
  • Shares acquired: 5,642; aggregate reported value ≈ $5,563.
  • Shares owned after the transaction: Not specified in the provided filing.
  • Filing: Form 4 filed 2026-08-26 covering the July 1 transaction (filed well after the typical two-business-day reporting window).
  • Footnote: Purchase was via employee stock purchase program (ESPP).

Context

  • This was a purchase through an employee benefit plan (ESPP), not a sale or option exercise. Employee purchases are common and can reflect routine participation in company plans rather than a market-timing signal.
  • The dollar amount is modest relative to many insider trades; interpret accordingly.