Form 4: Usio Director Exercises Restricted Stock Units, Acquires Common Stock
SEC Form 4 Filing
Ernesto Beyer del la Garza, a director of Usio, Inc., acquired 7,000 shares of common stock on March 16, 2025, through the vesting and conversion of restricted stock units.
Summary
- On March 16, 2025, Ernesto Beyer del la Garza, a director of Usio, Inc., exercised restricted stock units.
- This resulted in the acquisition of 7,000 shares of Usio, Inc. common stock at a price of $1.47 per share.
- The restricted stock units were granted on March 16, 2023, and vested on March 16, 2025.
- Following the transaction, Beyer del la Garza directly owns 78,666 shares of Usio, Inc. common stock.
- He also owns 28,000 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard insider transaction related to executive compensation.
Industry Context
This is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 03/16/2023 | Date restricted stock units were granted |
| 03/16/2025 | Date of transaction (vesting and conversion of restricted stock units) |
| 03/16/2025 | Date restricted stock units vested |
| 03/16/2033 | Expiration date of restricted stock units |
| 04/23/2025 | Date of Form 4 filing |
Keywords
Usio, Inc., Ernesto Beyer del la Garza, restricted stock units, common stock, Form 4, director, insider trading
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