Form 4: Usio Director Elizabeth Michelle Miller Reports Stock Transactions

Director Elizabeth Michelle Miller reports the vesting and conversion of restricted stock units and subsequent tax-related share surrender.

Summary

• On June 22, 2024, Elizabeth Michelle Miller, a director of Usio, Inc., reported transactions involving Usio's common stock.
• Miller acquired 22,222 shares of common stock upon the vesting and conversion of restricted stock units (RSUs) that were granted on June 22, 2022.
• These RSUs vested on June 22, 2024.
• Simultaneously, Miller surrendered 6,667 shares to the issuer to cover tax obligations related to the vesting of the RSUs.
• The price per share for both the acquisition and surrender was $1.55.
• Following these transactions, Miller directly owns 39,278 shares of Usio common stock and 47,222 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and does not contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates