secwatch.observer — SEC 8-K summary
======================================

Issuer:     Usio, Inc. (USIO)
CIK:        0001088034
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001437749-23-003962
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Usio enters employment agreement with EVP Greg Carter; $250K salary, $40K signing bonus
--------------------------------------------------------------------------------

- Annual base salary of $250,000 for Greg Carter, EVP Payment Acceptance.
- Quarterly override/commission equal to 10% of cash commissions paid to salespersons under his direct management.
- One-time signing bonus of $40,000.
- Employment term from February 17, 2023 through January 2025, with automatic renewals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1088034/000143774923003962/0001437749-23-003962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1088034/000143774923003962/usio20230221_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-003962

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer