Form 4: Usio SVP Jerry Uffner Reports Acquisition and Disposal of Shares and Restricted Stock Units
SEC Form 4 Filing
Jerry Uffner, SVP of Card Issuing at Usio, Inc., reports acquiring and disposing of common stock and restricted stock units.
Summary
- On June 21, 2024, Jerry Uffner, SVP of Card Issuing at Usio, Inc., reported transactions involving Usio's common stock and restricted stock units.
- Uffner acquired 100,000 shares of common stock at a price of $1.55.
- Uffner disposed of 200,000 shares of common stock.
- Uffner acquired 4,000 restricted stock units vesting on June 21, 2025, 4,000 restricted stock units vesting on June 21, 2026, and 4,000 restricted stock units vesting on June 21, 2027, all expiring on June 21, 2034.
- Uffner disposed of 34,000 restricted stock units and 38,000 restricted stock units and 42,000 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the actions of individuals with privileged information.
Stakeholder Impact
- Shareholders may be interested in the insider's transactions as an indicator of management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Date of transaction: Acquisition and disposal of common stock and restricted stock units. |
| 06/21/2025 | Vesting date for 4,000 restricted stock units. |
| 06/21/2026 | Vesting date for 4,000 restricted stock units. |
| 06/21/2027 | Vesting date for 4,000 restricted stock units. |
| 06/21/2034 | Expiration date for all restricted stock units. |
| 06/25/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.