The estimated Net Worth of Michael R Long is at least $5.05 millió dollars as of 6 December 2021. Mr. Long owns over 4,000 units of Usio stock worth over $2,757,716 and over the last 21 years he sold USIO stock worth over $1,756,478. In addition, he makes $535,114 as Chairman of the Board és Co-Founder at Usio.
Michael has made over 48 trades of the Usio stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 4,000 units of USIO stock worth $22,320 on 6 December 2021.
The largest trade he's ever made was selling 1,000,000 units of Usio stock on 6 June 2011 worth over $20,000. On average, Michael trades about 16,109 units every 41 days since 2003. As of 6 December 2021 he still owns at least 1,901,873 units of Usio stock.
You can see the complete history of Mr. Long stock trades at the bottom of the page.
Michael R. Long serves as Chairman of the Board, Co-Founder of the Company. Mr. Long has served as our Chairman of our Board of Directors since July 1998. He has also held the position of our Chief Executive Officer from July 1998 to August 2016 and our Chief Financial Officer from September 2003 to March 2015, in addition to his other positions with us. Mr. Long has more than thirty years of senior executive management and systems development experience in six publicly traded companies, as well as experience operating a systems consulting business. Before assuming the highest position with our Company, Mr. Long was Vice President of Information Technology at Billing Concepts, Inc., the largest third-party billing clearinghouse for the telecommunications industry. Mr. Long’s career experience also includes financial services industry business development for Andersen Consulting and several executive positions in publicly traded telecommunications and financial services companies. Mr. Long is a valuable member of our Board due to his depth of operating, strategic, systems development, transactional, and senior management experience in our industry. Additionally, Mr. Long has held positions of increasing responsibility at our Company and holds intimate knowledge of our Company due to his longevity in the industry and with us. Currently, Mr. Long is also a director of Face Key, Inc.
As the Chairman of the Board és Co-Founder of Usio, the total compensation of Michael Long at Usio is $535,114. There are no executives at Usio getting paid more.
Michael Long is 75, he's been the Chairman of the Board és Co-Founder of Usio since 2016. There are 1 older and 12 younger executives at Usio. The oldest executive at Usio, Inc. is Michael R. Long, 76, who is the Co-Founder & Chairman.
Michael's mailing address filed with the SEC is 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO, TX, 78231.
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 és 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.
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.
Usio executives and other stock owners filed with the SEC include: