The estimated Net Worth of Louis A Hoch is at least $6.7 Million dollars as of 23 August 2024. Mr. Hoch owns over 200 units of Usio stock worth over $4,633,210 and over the last 21 years he sold USIO stock worth over $1,554,281. In addition, he makes $516,252 as President, Chief Executive and Operating Officer und Vice Chairman of the Board at Usio.
Louis has made over 301 trades of the Usio stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 200 units of USIO stock worth $300 on 23 August 2024.
The largest trade he's ever made was selling 169,468 units of Usio stock on 15 August 2014 worth over $22,031. On average, Louis trades about 11,184 units every 10 days since 2003. As of 23 August 2024 he still owns at least 3,195,317 units of Usio stock.
You can see the complete history of Mr. Hoch stock trades at the bottom of the page.
Louis A. Hoch serves as President, Chief Executive and Operating Officer, Vice Chairman of the Board, of the Company. Mr. Hoch has served as our Chief Executive Officer since August 4, 2016, and as our President, Chief Operating Officer, and a director of our Company since July 1998. He also serves as Vice Chairman of our Board of Directors and as Chief Executive Officer of our wholly-owned subsidiary FiCentive, Inc. Mr. Hoch is a valuable member of our Board as he has over twenty-five years of management experience, twenty years of which were at a senior executive level, and he is an expert in payment processing, large systems development, call center operations and service bureau operations. He holds inventor status on U.S. Patent No. 7,021,530 (“System and method for managing and processing stored-value cards and bill payment therefrom”). Mr. Hoch has held various key management positions with U.S. Long Distance, Billing Concepts, Inc. and Andersen Consulting. Mr. Hoch holds a BBA in Computer Information Systems and an MBA in International Business Management, both from Our Lady of the Lake University Business School. He holds the industry certification CCP, or Certified Payments Professional.
As the President, Chief Executive and Operating Officer und Vice Chairman of the Board of Usio, the total compensation of Louis Hoch at Usio is $516,252. There are 1 executives at Usio getting paid more, with Michael Long having the highest compensation of $535,114.
Louis Hoch is 54, he's been the President, Chief Executive and Operating Officer und Vice Chairman of the Board of Usio since 2016. There are 10 older and 3 younger executives at Usio. The oldest executive at Usio, Inc. is Michael R. Long, 76, who is the Co-Founder & Chairman.
Louis'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 und 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: