Form 4: Usio Inc. Executive Houston Frost Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President Houston Frost of Usio, Inc. reports the acquisition of common stock through the vesting of restricted stock units.
Summary
- Houston Frost, a Senior Vice President at Usio, Inc., reported transactions involving the company's common stock.
- On February 8, 2024, Frost acquired 500 shares at $1.67 per share due to the vesting of restricted stock units granted on February 8, 2022.
- On February 21, 2024, Frost acquired 4,000 shares at $1.57 per share due to the vesting of restricted stock units granted on February 21, 2023.
- Following these transactions, Frost directly owns 673,027 shares of Usio, Inc. common stock.
- Frost also holds 10,000 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an insider, with no inherent positive or negative implications.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may provide some insight into management's view of the company's prospects, but the impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/08/2022 | Date restricted stock units were granted that vested on 02/08/2024. |
| 02/21/2023 | Date restricted stock units were granted that vested on 02/21/2024. |
| 02/08/2024 | Date of common stock acquisition (500 shares) due to vesting of restricted stock units. |
| 02/21/2024 | Date of common stock acquisition (4,000 shares) due to vesting of restricted stock units. |
| 02/21/2033 | Expiration date of restricted stock units granted on 02/21/2023. |
| 03/22/2024 | Date of the Form 4 filing. |
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