Last updated: 25 June 2024 at 3:27pm EST

Houston Korth Frost Net Worth




The estimated Net Worth of Houston Korth Frost is at least $1.38 Million dollars as of 8 February 2024. Mr Frost owns over 4,500 units of Usio stock worth over $975,889 and over the last 8 years he sold USIO stock worth over $195,000. In addition, he makes $205,860 as Sr. VP of Corp. Devel. & Prepaid Products at Usio.

Mr Frost USIO stock SEC Form 4 insiders trading

Mr has made over 8 trades of the Usio stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 4,500 units of USIO stock worth $7,110 on 8 February 2024.

The largest trade he's ever made was selling 30,000 units of Usio stock on 9 June 2021 worth over $195,000. On average, Mr trades about 4,709 units every 175 days since 2016. As of 8 February 2024 he still owns at least 673,027 units of Usio stock.

You can see the complete history of Mr Frost stock trades at the bottom of the page.





Mr. Houston Korth Frost biography

Houston Korth Frost is the Sr. VP of Corp. Devel. & Prepaid Products at Usio.

What is the salary of Mr Frost?

As the Sr. VP of Corp. Devel. & Prepaid Products of Usio, the total compensation of Mr Frost at Usio is $205,860. There are 8 executives at Usio getting paid more, with Michael Long having the highest compensation of $535,114.



How old is Mr Frost?

Mr Frost is 39, he's been the Sr. VP of Corp. Devel. & Prepaid Products of Usio since . There are 13 older and no younger executives at Usio. The oldest executive at Usio, Inc. is Michael R. Long, 76, who is the Co-Founder & Chairman.

What's Mr Frost's mailing address?

Houston's mailing address filed with the SEC is 3611 PAESANOS PKWY, SUITE 300, SAN ANTONIO, TX, 78231.

Insiders trading at Usio

Over the last 5 years, insiders at Usio have traded over $7,496,852 worth of Usio stock and bought 973,520 units worth $1,786,678 . The most active insiders traders include Louis A Hoch, Capital Partners, Lp Topline, and Capital Management, Llc Mc .... On average, Usio executives and independent directors trade stock every 15 days with the average trade being worth of $58,490. The most recent stock trade was executed by Louis A Hoch on 23 August 2024, trading 200 units of USIO stock currently worth $300.



What does Usio do?

Usio, Inc., together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check, a consumer non-sufficient funds check that is presented for payment electronically rather than through the paper check collection system; and Accounts Receivable Check Conversion, a consumer paper check payment that is converted into an e-check. The company also offers merchant account services for the processing of card-based transactions through the VISA, MasterCard, American Express, Discover, and JCB networks, including online terminal services accessed through a website or retail services accessed through a physical terminal. In addition, it provides a proprietary web-based customer service application that allows companies to process one-time and recurring payments through e-checks or credit cards; and an interactive voice response telephone system to companies, which accept payments directly from consumers over the telephone using e-checks or credit cards. Further, the company offers prepaid and incentive card issuance services; and operates a prepaid core processing platform, as well as provides additional services, such as electronic bill presentment, document composition, document decomposition, and printing and mailing services for various industry verticals, including utilities and financial institutions. It markets and sells ACH products and services primarily through resellers; and prepaid card program directly to government entities, corporations, and to consumers through the internet. The company was formerly known as Payment Data Systems, Inc. and changed its name to Usio, Inc. in June 2019. Usio, Inc. was incorporated in 1998 and is headquartered in San Antonio, Texas.



What does Usio's logo look like?

Usio, Inc. logo

Complete history of Mr Frost stock trades at Usio

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
8 Feb 2024 Houston Korth Frost
SVP and Chief Product Officer
Option 4,500 $1.58 $7,110
8 Feb 2024
673,027
8 Feb 2023 Houston Korth Frost
SVP and Chief Product Officer
Option 500 $2.05 $1,025
8 Feb 2023
566,527
18 Nov 2022 Houston Korth Frost
SVP and Chief Product Officer
Option 2,000 $2.35 $4,700
18 Nov 2022
566,027
22 Aug 2022 Houston Korth Frost
SVP and Chief Product Officer
Buy 25,000 $1.46 $36,500
22 Aug 2022
564,027
9 Jun 2021 Houston Korth Frost
SVP and Chief Product Officer
Sale 30,000 $6.50 $195,000
9 Jun 2021
514,027


Usio executives and stock owners

Usio executives and other stock owners filed with the SEC include: