USBC COO Kirk Chapman departs; separation agreement includes $320k severance

USBC, Inc.

Kirk Chapman, COO, mutually agreed to leave effective Dec 15, 2025; he joined the Company in Aug 2025.
Severance: $320k annual base salary paid regularly until Dec 31, 2026 or start of other employment.
Non-compete waived; unvested options forfeited; standard release and non-disparagement.

item 5.02

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