---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-034199"
form_type: "8-K"
ticker: "USIO"
cik: "0001088034"
company_name: "Usio, Inc."
filed_at: "2023-12-12T23:59:59+00:00"
generated_at: "2026-06-07T13:58:43.172896+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CFO Tom Jewell to retire; separation agreement provides salary, benefits, unvested equity through Apr 18, 2024

## Summary
- Tom Jewell, Senior VP and CFO, notified retirement effective Nov 30, 2023.
- Separation agreement signed Dec 11, 2023; base salary paid biweekly through Apr 18, 2024.
- Unvested stock options and equity awards will continue to vest per original schedules.
- Health and other benefits continued on same terms through Apr 18, 2024; COBRA thereafter.
- Agreement includes mutual release, 2-year non-compete, non-solicitation, and non-disparagement clauses.

## SEC filing metadata
- accession: 0001437749-23-034199
- form_type: 8-K
- ticker: USIO
- cik: 0001088034
- company_name: Usio, Inc.
- filed_at: 2023-12-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1088034/000143774923034199/0001437749-23-034199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1088034/000143774923034199/usio20231212_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-034199
- JSON: https://secwatch.observer/filing/0001437749-23-034199.json
- Plain text: https://secwatch.observer/filing/0001437749-23-034199.txt

## Key facts
- Executive change
  Tom Jewell retired as Senior Vice President, Chief Financial Officer, and principal financial and accounting officer at Usio, Inc..
  - Action: retired
  - Role: Senior Vice President, Chief Financial Officer, and principal financial and accounting officer
  source text: On November 30, 2023, Tom Jewell, the Senior Vice President, Chief Financial Officer, and principal financial and accounting officer of Usio, Inc. (the “Company”) notified the Company of his intention to retire.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1088034/000143774923034199/0001437749-23-034199-index.htm

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