Kitty B. Payne - 18 Mar 2026 Form 4 Insider Report for USBC, Inc. (USBC)

Reporting relationship: CFO, Treasurer, Secretary
Issuer ticker: USBC
Reported as of: 18 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 26 Mar 2026, 16:09:40 UTC
Prior SEC filing: 09 Oct 2025
Source filing: View source filing
Reporting owner signature: /s/ Kitty B. Payne

Key filing fact

Kitty B. Payne filed Form 4 for USBC, Inc. (USBC) on 26 Mar 2026.

Key facts

This page summarizes Kitty B. Payne's Form 4 filing for USBC, Inc. (USBC).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 26 Mar 2026, 16:09.

Change

Previous filing in this sequence was filed on 09 Oct 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001250826 Primary reporting owner

PAYNE KITTY B

Relationship: CFO, Treasurer, Secretary
Address: 300 E 2ND STREET, 15TH FLOOR, RENO
Signature: /s/ Kitty B. Payne
Signature date: 26 Mar 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

USBC transaction Derivative

Option to Purchase Common Stock

Disposed to Issuer

Transaction value
Shares: -3,750,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,750,000
Exercise price: $1.10
Footnotes: F1

USBC transaction Derivative

Option to Purchase Common Stock

Award

Transaction value
Shares: +3,750,000
Change %
Price: $0.000000^*
Shares after: 3,750,000
Date: 18 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,750,000
Exercise price: $0.3700
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The transactions reported involved the repricing of outstanding stock options to purchase 3,750,000 shares of common stock of USBC, Inc. (the "Company") pursuant to the Amended and Restated USBC, Inc. 2021 Equity Incentive Plan (the "Amended and Restated 2021 Plan"), reflecting the options granted on August 6 and October 7, 2025. The option will vest as to 25% of the shares covered by the option on the one-year anniversary of their respective grant dates and in quarterly installments thereafter over the next three years.

Footnote F2

On March 18, 2026, in accordance with the terms of the Amended and Restated 2021 Plan, the Board of Directors of the Company approved a repricing of outstanding stock options granted or repriced on October 7, 2025. The exercise price of each repriced option was reduced from $1.10 to $0.37 per share. The option will vest as to 25% of the shares covered by the option on the one-year anniversary of the Grant Date and in quarterly installments thereafter over the next three years.