Usio, Inc. Files 8-K: Director/Officer Changes & Financials

TL;DR

Usio's leadership is changing, and they've filed updated financials. Keep an eye on this.

AI Summary

Usio, Inc. filed an 8-K on August 29, 2025, reporting changes in its board of directors and certain officers, along with updates to compensatory arrangements. The filing also includes financial statements and exhibits, indicating ongoing corporate governance and financial reporting activities for the company, formerly known as Payment Data Systems Inc.

Why It Matters

This filing signals potential shifts in the company's leadership and executive compensation, which could impact strategic direction and investor confidence.

Risk Assessment

Risk Level: medium — Changes in directors and officers, coupled with financial reporting, can indicate internal shifts that may carry some level of risk or opportunity.

Key Players & Entities

• Usio, Inc. (company) — Registrant
• Payment Data Systems Inc (company) — Former company name
• August 29, 2025 (date) — Date of report

FAQ

Key Financial Figures

• $0.001 — ch registered Common stock , par value $0.001 per share USIO The Nasdaq Stock Mark
• $2,000.00 — ensation shall be two thousand dollars ($2,000.00). On August 28, 2025, we entered into
• $20,000.00 — shall receive twenty thousand dollars ($20,000.00) upon timely, including extensions gran

Filing Documents

• usio20250829_8k.htm (8-K) — 27KB
• ex_858290.htm (EX-10.1) — 10KB
• ex_858291.htm (EX-10.2) — 10KB
• ex_858296.htm (EX-10.3) — 10KB
• ex_858297.htm (EX-10.4) — 10KB
• 0001437749-25-028037.txt ( ) — 195KB
• usio-20250829.xsd (EX-101.SCH) — 3KB
• usio-20250829_def.xml (EX-101.DEF) — 11KB
• usio-20250829_lab.xml (EX-101.LAB) — 15KB
• usio-20250829_pre.xml (EX-101.PRE) — 11KB
• usio20250829_8k_htm.xml (XML) — 3KB

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 28, 2025, we entered into an amendment to the Independent Director Agreement executed on May 5, 2017, with Brad Rollins, a member of our Board of Directors. Under the terms of the amendment, Mr. Rollins's new quarterly compensation shall be two thousand dollars ($2,000.00). On August 28, 2025, we entered into an amendment to the Independent Director Agreement executed on April 1, 2019, with Blaise Bender, a member of our Board of Directors. Under the terms of the amendment, Mr. Bender's new quarterly compensation shall be two thousand dollars ($2,000.00), and as the Chair of the Audit Committee, Mr. Bender shall receive twenty thousand dollars ($20,000.00) upon timely, including extensions granted by the SEC, and compliant filing of the 10K each year. On August 28, 2025, we entered into an amendment to the Independent Director Agreement executed on August 29, 2020, with Ernesto R. Beyer de la Garza, a member of our Board of Directors. Under the terms of the amendment, Mr. Beyer's new quarterly compensation shall be two thousand dollars ($2,000.00). On August 28, 2025, we entered into an amendment to the Independent Director Agreement executed on June 16, 2022, with Michelle Miller, a member of our Board of Directors. Under the terms of the amendment, Ms. Miller's new quarterly compensation shall be two thousand dollars ($2,000.00). The foregoing description of the Independent Director Agreements is not complete and is qualified in its entirety by reference to the full text of the amendment to the Independent Director Agreements, copies of which are being filed herewith as Exhibits to this Current Report on Form 8-K and is incorporated herein by reference.

Financial Statements and Exhibits

Financial Statements and Exhibits. 10.1 First Amendment to the Independent Director Agreement Dated to be effective as of August 28, 2025, by and between the Company and Brad Rollins 10.2 First Amendment to the Independent Director Agreement Dated to be effective as of August 28, 2025, by and between the Company and Blaise Bender 10.3 First Amendment to the Independent Director Agreement Dated to be effective as of August 28, 2025, by and between the Company and Ernesto R. Beyer de la Garza 10.4 First Amendment to the Independent Director Agreement Dated to be effective as of August 28, 2025, by and between the Company and Michelle Miller 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 29, 2025 USIO, INC. By: /s/ Louis A. Hoch Name: Louis A. Hoch Title: Chief Executive Officer and President

View Full Filing

View this 8-K filing on SEC EDGAR