National Services, Inc 4/A

What Happened

• National Services, Inc., identified as a 10% owner of Usio, Inc. (USIO), sold a total of 18,860 shares in two open‑market transactions, disposing of 8,860 shares at $1.31 ($11,601) on 2026-03-09 and 10,000 shares at $1.27 ($12,742) on 2026-03-10. These were sales (not purchases), so they represent dispositions of holdings rather than new purchases.

Key Details

• Transaction dates and prices:
  • 2026-03-09: 8,860 shares sold @ $1.31 — proceeds $11,601.
  • 2026-03-10: 10,000 shares sold @ $1.27 — proceeds $12,742.
• Total shares sold: 18,860; total proceeds: $24,343.
• Beneficial ownership after the reported transactions: the filing notes that the amount reported includes 7,420 shares held by the sole shareholder of the reporting person (see footnote F1).
• Footnote F2: This amended Form 4/A was filed solely to indicate that the reporting person is no longer subject to Section 16; no other changes from the original March 11, 2026 Form 4 were made.
• Filing timing: Transactions occurred on Mar 9–10, 2026; the Form 4/A was filed on Mar 16, 2026. This is later than the typical two‑business‑day Form 4 filing window for insider trades.

Context

• National Services is reported as a 10% owner (an institutional/large shareholder), not an individual executive; such sales can reflect portfolio or ownership adjustments rather than insider views on near‑term company prospects. The filing is amended only to update Section 16 status, per the footnote; there are no indications of option exercises, gifts, or tax‑withholding in this report.