USBC: PAYNE KITTY B discloses securities transactions
By AlphaYouPublished Form 4
PAYNE KITTY B
Reporting filer
PAYNE KITTY B reported Other (see filing) in USBC, Inc.: 1342500 units of Option to Purchase Common Stock (derivative), dated 2026-10-01. The full Form 4 contains 2 transaction entries.
- Disclosed
- Oct 5, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common Stock (derivative) | PAYNE KITTY B | 2026-10-01 | J | Other (see filing) | 1342500 | 0 | 447,500 | 4 days | Filed terms
|
| Option to Purchase Common Stock (derivative) | PAYNE KITTY B | 2026-10-01 | J | Other (see filing) | 1470000 | 0 | 490,000 | 4 days | Filed terms
|
Option to Purchase Common Stock (derivative)
- Owner
- PAYNE KITTY B
- Date
- 2026-10-01
- Code
- J
- Action
- Other (see filing)
- Quantity
- 1342500
- Price
- 0
- Following holdings
- 447,500
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Option to Purchase Common Stock
- id: F1
- conversion Or Exercise Price: 0.37
- transaction Date: 2026-10-01
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: J
- equity Swap Involved: 0
- id: F1
- transaction Timeliness:
- transaction Shares: 1342500
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F1
- expiration Date: 2026-11-30
- underlying Security Title: Common Stock
- underlying Security Shares: 1342500
- shares Owned Following Transaction: 447500
- id: F1
- direct Or Indirect Ownership: D
Option to Purchase Common Stock (derivative)
- Owner
- PAYNE KITTY B
- Date
- 2026-10-01
- Code
- J
- Action
- Other (see filing)
- Quantity
- 1470000
- Price
- 0
- Following holdings
- 490,000
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Option to Purchase Common Stock
- id: F2
- conversion Or Exercise Price: 0.37
- transaction Date: 2026-10-01
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: J
- equity Swap Involved: 0
- id: F2
- transaction Timeliness:
- transaction Shares: 1470000
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F2
- expiration Date: 2026-11-30
- underlying Security Title: Common Stock
- underlying Security Shares: 1470000
- shares Owned Following Transaction: 490000
- id: F2
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- PAYNE KITTY B: Other reporting owner.
- F1: The options reported reflect options originally granted to the Reporting Person on August 6, 2025. In connection with the Reporting Person's transition from the Company, 1,342,500 unvested options were forfeited. Following the transaction reported herein, the Reporting Person continues to hold 447,500 options, which became exercisable on August 6, 2026 in accordance with the original vesting schedule.
- F2: On October 1, 2026, the Board of Directors of the Company approved the acceleration of the vesting of 490,000 options originally granted to the Reporting Person on October 7, 2025, from October 6, 2026 to September 1, 2026. In connection with the Reporting Person's transition from the Company, 1,470,000 unvested options were forfeited. Following the transaction reported herein, the Reporting Person continues to hold 490,000 options, which became exercisable as of September 1, 2026 as a result of the acceleration.
Original sources
Prepared automatically from public filing data. Report a correction.