National Services, Inc 4

What Happened
National Services, Inc., identified as a 10% owner of Usio, Inc. (USIO), sold a total of 18,860 shares across two transactions. On 2026-03-09 it sold 8,860 shares at $1.31 per share ($11,601), and on 2026-03-10 it sold 10,000 shares at $1.27 per share ($12,742), for combined proceeds of about $24,343. These were disposals (sales), which are generally routine and do not by themselves indicate management sentiment.

Key Details

• Transaction dates and prices:
  • 2026-03-09: 8,860 shares sold @ $1.31 — $11,601
  • 2026-03-10: 10,000 shares sold @ $1.27 — $12,742
• Total shares sold: 18,860; total proceeds: ~$24,343.
• Shares owned after transaction: the reported beneficial ownership following the transactions includes 7,420 shares held by the sole shareholder of the reporting person (per footnote F1).
• Transaction code: S = Sale (open market or private sale).
• Filing: Form 4 was filed 2026-03-11 for transactions dated 2026-03-09 and 2026-03-10 — appears timely (filed within required reporting window).

Context

• The reporting party is a 10% owner (an institutional/large shareholder), not an executive officer; such sales can reflect portfolio or liquidity decisions rather than insider views on company operations.
• No options exercises, awards, or gifts were reported here. No additional explanatory notes (e.g., 10b5-1 plan or tax withholding) were provided.