secwatch.observer — SEC 8-K summary
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Issuer:     Usio, Inc. (USIO)
CIK:        0001088034
Form:       8-K
Filed at:   2023-12-12T23:59:59+00:00
Accession:  0001437749-23-034199
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1088034/000143774923034199/0001437749-23-034199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1088034/000143774923034199/usio20231212_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-034199

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