Usio, Inc.
For the period ended Jun 17, 2026. Filed Jun 17, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Jun 17, 2026 · Filed Jun 17, 2026
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common stock, par value $0.001 per share | USIO | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
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(e) On June 11, 2026, the Compensation Committee of the Board of Directors of the Company approved an annual base salary for Louis Hoch, the Chairman of the Board, President and Chief Executive Officer of the Company, of $995,000, effective August, 3 2026. Mr. Hoch will also be eligible for grants of awards under the Company’s equity incentive programs and annual bonus plans as well as other employment benefits for which all employees of the Company are eligible.
In addition, the Compensation Committee of the Board of Directors of the Company approved an annual base salary for Greg Carter, the Senior Vice President, Chief Accounting Officer of the Company, of $325,000, effective August, 3 2026. Mr. White will also be eligible for grants of awards under the Company’s equity incentive programs and annual bonus plans as well as other employment benefits for which all employees of the Company are eligible.
In addition, the Compensation Committee of the Board of Directors of the Company approved an annual base salary for Michael White, the Senior Vice President, Chief Accounting Officer of the Company, of $260,000, effective August, 3 2026. Mr. White will also be eligible for grants of awards under the Company’s equity incentive programs and annual bonus plans as well as other employment benefits for which all employees of the Company are eligible.
| Item 9.01 | Financial Statements and Exhibits. |
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| 10.1 | Eleventh Amendment to Employment Agreement Dated to be Effective as of June 17, 2026 by and between the Company and Louis A. Hoch (filed herewith) |
| 10.2 | Second Amendment to Employment Agreement Dated to be Effective as of June 17, 2026 by and between the Company and Greg Carter (filed herewith) |
| 10.3 | First Amendment to Employment Agreement Dated to be Effective as of June 17, 2026 by and between the Company and Michael White (filed herewith) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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