National Services, Inc 4

What Happened
National Services, Inc., a reported 10% owner of Usio, Inc. (USIO), sold a total of 10,424 shares in two transactions. On 2026-01-26 it sold 4,502 shares at $1.35 each for $6,067, and on 2026-01-27 it sold 5,922 shares at $1.36 each for $8,037, for combined proceeds of $14,104. These were sales (Form 4 code "S"), which are often routine and do not by themselves indicate the company’s prospects.

Key Details

• Transaction dates and prices: 2026-01-26 — 4,502 shares @ $1.35 ($6,067); 2026-01-27 — 5,922 shares @ $1.36 ($8,037).
• Total shares sold: 10,424; total proceeds: $14,104.
• Shares owned after transactions: Filing notes 7,420 shares beneficially owned (per footnote: includes shares held by the reporting person’s sole shareholder).
• Transaction type: Sales (open market/private sale as reported).
• Filing date: 2026-01-28 (reported within days of the trades per the Form 4 filing).

Context
National Services is a 10% owner (an institutional/majority holder), not an individual officer; sales by large shareholders may reflect portfolio management rather than a view on company fundamentals. The filing’s footnote clarifies how the remaining beneficial ownership is calculated; no option exercises, awards, or gifts were reported in these transactions.