SEC Form 4 · accession 0001161697-26-000205
USBC, Inc. · USBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry K Ellingson
Director
Period of report
Aug 12, 2026
Accepted (ET)
Aug 14, 2026 · 6:26 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001074828
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 25,404 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF1 | $0.36 | Aug 12, 2026 | A | 120,000 | A | — | Aug 12, 2036 | Common Stock | 120,000 | 120,000 | D |
Explanation of responses
- F1On August 12, 2026 (the "Grant Date"), the Reporting Person was granted an option to purchase 120,000 shares of the Issuer's common stock pursuant to the Issuer's Amended and Restated 2021 Equity Incentive Plan. The option vest as to 10,000 shares on September 30, 2026 and in eleven quarterly installments of 10,000 shares thereafter through June 30, 2029.