Form 4: Usio Director Blaise Bender Reports Stock Transaction
SEC Form 4 Filing
Director Blaise Bender reports the vesting and conversion of restricted stock units into 7,000 shares of Usio, Inc. common stock on March 16, 2024.
Summary
- On March 20, 2024, Blaise Bender, a director of Usio, Inc., filed a Form 4.
- The form reports a transaction that occurred on March 16, 2024, where 7,000 shares of common stock were acquired due to the vesting and conversion of restricted stock units.
- These restricted stock units were granted on March 16, 2023, and vested on March 16, 2024.
- The price per share for the conversion was $1.65.
- Following the transaction, Bender directly owns 88,677 shares of Usio, Inc. common stock.
- Bender also directly owns 21,200 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to insider transactions and is common for publicly traded companies.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 03/16/2023 | Date restricted stock units were granted to Blaise Bender. |
| 03/16/2024 | Date of transaction: vesting and conversion of restricted stock units into common stock. |
| 03/16/2024 | Date restricted stock units vested. |
| 03/16/2033 | Expiration date of restricted stock units. |
| 03/20/2024 | Date the Form 4 was signed. |
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