Insider Trading Arrangements

12 Months Ended

Dec. 31, 2024

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Trading Arrangements, by Individual [Table]

Material Terms of Trading Arrangement [Text Block]

ITEM 9B. OTHER INFORMATION.

On November 26, 2024, Louis Hoch, Usio’s Chairman of the Board of Directors, President, Chief Executive Officer and Chief Operating Officer entered into a 10b5-1 trading plan (the “Plan”). The Plan expires on November 15, 2025 and relates to the sale of 136,891 shares of our common stock. Mr. Hoch will have no control over the timing of the stock sales under the Plan, and all transactions under the Plan will be reported by Mr. Hoch through individual Form 4 and Form 144 filings with the Securities and Exchange Commission.

The Plan is intended to comply with the affirmative defense of Rule 10b5-1 (c) of the Securities Exchange Act of 1934, as amended, and the Company’s insider trading policy. Rule 10b5-1 allows corporate insiders to establish prearranged written stock trading plans.

A Rule 10b5-1 plan must be entered into in good faith at a time when the insider is not aware of material, non-public information. Subsequent receipt by the insider of material, non-public information will not prevent prearranged transactions under Rule 10b5-1 from being executed. Using a Rule 10b5-1 Plan, individuals can prudently and gradually diversify their investment portfolios over an extended period of time.

Trading Arrangement, Securities Aggregate Available Amount

136,891

Rule 10b5-1 Arrangement Adopted [Flag]

true

Trading Arrangement Adoption Date

November 26, 2024

Trading Arrangement, Individual Name

Louis Hoch

Trading Arrangement, Individual Title

Chairman of the Board of Directors, President, Chief Executive Officer and Chief Operating Officer

Rule 10b5-1 Arrangement Terminated [Flag]

false

Non-Rule 10b5-1 Arrangement Adopted [Flag]

false

Non-Rule 10b5-1 Arrangement Terminated [Flag]

false