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National Services, Inc. (NASDAQ: USIO) sells 18,860 Usio shares in Form 4/A

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

National Services, Inc., a more than 10% owner of Usio, Inc., reported amended insider transactions showing open-market sales of common stock. It sold 10,000 shares at $1.2742 per share on March 10, 2026 and 8,860 shares at $1.3094 per share on March 9, 2026.

After these sales, National Services, Inc. directly held 2,721,272 shares of Usio common stock, which includes 7,420 shares held by the sole shareholder of the reporting person. The amendment states it is filed solely to indicate that National Services, Inc. is no longer subject to Section 16.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
National Services, Inc

(Last) (First) (Middle)
4303 SAN
RAFAEL AVENUE

(Street)
LOS ANGELES CA 90042

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Usio, Inc. [ USIO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/09/2026 S 8,860 D $1.3094 2,731,272(1) D
Common Stock 03/10/2026 S 10,000 D $1.2742 2,721,272(1)(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Amount of Securities Beneficially Owned Following Reported Transaction includes 7,420 shares held by sole shareholder of Reporting Person.
2. This Form 4/A is filed solely to indicate that Reporting Person is no longer subject to Section 16. No other changes are made to the original Form 4 filed on March 11, 2026.
/s/ Jeffrey R. Dohoda, Attorney-in-Fact for National Services, Inc. 03/16/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did National Services, Inc. report for Usio (USIO)?

National Services, Inc. reported two open-market sales of Usio common stock totaling 18,860 shares. It sold 10,000 shares at $1.2742 on March 10, 2026 and 8,860 shares at $1.3094 on March 9, 2026, according to the amended Form 4.

At what prices did National Services, Inc. sell Usio (USIO) shares?

National Services, Inc. sold Usio common stock at average prices of $1.2742 and $1.3094 per share. The first sale was 10,000 shares at $1.2742, and the second was 8,860 shares at $1.3094, reflecting open-market or private sale transactions.

How many Usio (USIO) shares does National Services, Inc. hold after these sales?

Following the reported transactions, National Services, Inc. beneficially owned 2,721,272 shares of Usio common stock. This total includes 7,420 shares held by the sole shareholder of the reporting person, as specifically noted in the filing’s footnote on beneficial ownership details.

What is the total number of Usio (USIO) shares sold in this Form 4/A?

The amended Form 4 shows National Services, Inc. sold a total of 18,860 Usio common shares. This consists of 10,000 shares sold on March 10, 2026 and 8,860 shares sold on March 9, 2026, all classified as open-market or private transactions.

Why did National Services, Inc. file an amended Form 4/A for Usio (USIO)?

The amendment was filed solely to indicate that National Services, Inc. is no longer subject to Section 16. The filing states no other changes were made to the original Form 4 that had been filed previously reporting these same transactions and share amounts.

Does the Usio (USIO) Form 4/A mention ownership by National Services, Inc.’s shareholder?

Yes. A footnote explains that the reported amount of Usio securities beneficially owned includes 7,420 shares held by the sole shareholder of National Services, Inc. This clarifies that part of the disclosed beneficial ownership is held indirectly through that individual shareholder.
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