Form 4: Usio Executive Greg Carter Reports Stock Transactions

EVP of Payment Acceptance at Usio, Inc., Greg Carter, reports the vesting and conversion of restricted stock units into 4,000 shares of common stock on February 21, 2024.

Summary

• On February 21, 2024, Greg Carter, EVP of Payment Acceptance at Usio, Inc., reported a transaction involving the vesting and conversion of restricted stock units.
• The transaction resulted in the acquisition of 4,000 shares of common stock at a price of $1.57 per share.
• These shares were obtained through the vesting of restricted stock units granted on February 21, 2023, which vested on February 21, 2024.
• Following the reported transaction, Carter directly owns 315,000 shares of Usio, Inc. common stock and 11,000 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an executive, and doesn't inherently indicate positive or negative sentiment. It reflects standard compensation practices.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.

Key Dates