HOCH LOUIS A

Louis A. Hoch (CIK 0001089351, 815 public transactions) is almost exclusively a Usio Inc. (USIO) insider, and the bulk of his filing history is plan-driven: 'A' awards, 'F' tax-withholding settlements, 'M' option-related events, and 'G' gifts. Against that mechanical backdrop, he has executed two discrete open-market buys of precisely 300,000 shares — one in August 2025 at roughly $1.47 per share (~$441K notional) and another in June 2026 at $1.71 per share (~$513K notional). Both clusters land within a broader sell-skewed lifetime aggregate of 8.47M shares disposed against just 2,500 buy-side plan shares, so the market buys are genuine outliers in a file that is otherwise payroll arithmetic. The August-to-June spacing and the identical share count suggest a recurring capital-allocation decision rather than a one-off, but the signal remains narrow: two filled orders in a 10-month window does not establish a sustained directional view.