---
schema_version: "secwatch.filing_event.v1"
accession: "0001074828-26-000069"
form_type: "8-K"
ticker: "USBC"
cik: "0001074828"
company_name: "USBC, Inc."
filed_at: "2026-08-24T13:02:55+00:00"
generated_at: "2026-08-24T13:04:03.729119+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# USBC CFO Kitty Payne to step down Aug 31; moves to Vast Bank CFO role

## Summary
- Kitty Payne transitions from USBC CFO to CFO of Vast Bank, N.A. effective August 31, 2026.
- Vast Bank is a wholly-owned subsidiary of Vast Holdings, Inc., an affiliate majority-owned by USBC Chairman/CEO Robert Gregory Kidd.
- Move supports USBC's tokenized deposit initiative; Vast Bank will be initial issuing bank.
- Payne's departure is not due to any disagreement with USBC; successor identified, announcement expected separately.

## SEC filing metadata
- accession: 0001074828-26-000069
- form_type: 8-K
- ticker: USBC
- cik: 0001074828
- company_name: USBC, Inc.
- filed_at: 2026-08-24T13:02:55+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074828/000107482826000069/0001074828-26-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074828/000107482826000069/usbc-20260821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001074828-26-000069
- JSON: https://secwatch.observer/filing/0001074828-26-000069.json
- Plain text: https://secwatch.observer/filing/0001074828-26-000069.txt

## Key facts
- Executive change
  Kitty Payne changed role as Chief Financial Officer at USBC, Inc..
  - Action: transitioned
  - Role: Chief Financial Officer
  source text: On August 21, 2026, Kitty Payne notified USBC, Inc. (the "Company") of her intention to transition from the position of Chief Financial Officer of the Company to the position of Chief Financial Officer of Vast Bank, N.A.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1074828/000107482826000069/0001074828-26-000069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.