4/A: Usio Director Blaise Bender Reports Stock Transactions Following RSU Vesting
SEC Form 4
Director Blaise Bender reports the acquisition of 7,000 shares of Usio, Inc. common stock following the vesting and conversion of restricted stock units (RSUs) on March 16, 2024.
Summary
- On March 16, 2024, Blaise Bender, a director of Usio, Inc., acquired 7,000 shares of common stock.
- This acquisition resulted from the vesting and subsequent conversion of restricted stock units (RSUs) that were granted to him on March 16, 2023.
- The RSUs vested on March 16, 2024, and were converted into common stock at a price of $1.65 per share.
- Following the transaction, Bender directly owns 88,677 shares of Usio, Inc. common stock and 21,200 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and does not necessarily indicate a significant trend in the company's performance or outlook.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard part of executive compensation.
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. |
| 03/16/2033 | Expiration date of the restricted stock units. |
| 03/20/2024 | Date of signature on the Form 4 filing. |
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