National Services trims Usio (USIO) stake with 18,860-share open-market sale

Rhea-AI Filing Summary

National Services, Inc., a more than ten percent owner of Usio, Inc., reported open-market sales of Usio common stock on two consecutive days. It sold 10,000 shares at an average price of $1.2742 per share on March 10, 2026, and 8,860 shares at $1.3094 per share on March 9, 2026, for total sales of 18,860 shares. After these transactions, National Services directly owns 2,721,272 shares of Usio common stock, which includes 7,420 shares held by the sole shareholder of National Services.

Insider Trade Summary

Net Seller: 18,860 shares ($24,343)

Net Sell 2 txns

Insider National Services, Inc

Role 10% Owner

Sold 18,860 shs ($24K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$1.2742	$13K
Sale	Common Stock	8,860	$1.3094	$12K

Holdings After Transaction: Common Stock — 2,721,272 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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

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)

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)	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.

	/s/ Jeffrey R. Dohoda, Attorney-in-Fact for National Services, Inc.	03/11/2026
	** 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 report for Usio (USIO)?

National Services reported selling 18,860 Usio common shares in open-market trades. The sales occurred on March 9 and 10, 2026, at prices between $1.2742 and $1.3094 per share, reflecting routine portfolio activity by a large shareholder.

At what prices did National Services sell its Usio (USIO) shares?

National Services sold Usio shares at average prices of $1.2742 and $1.3094 per share. On March 10, 2026, it sold 10,000 shares at $1.2742, and on March 9, 2026, it sold 8,860 shares at $1.3094 in open-market transactions.

How many Usio (USIO) shares does National Services own after these sales?

After the reported sales, National Services holds 2,721,272 Usio common shares. This total includes 7,420 shares that are held by the sole shareholder of National Services, which are counted as part of its beneficial ownership in the filing.

What type of insider is National Services for Usio (USIO)?

National Services is classified as a more than ten percent beneficial owner of Usio. This status makes it a reporting person for insider transactions, requiring disclosure of its trades in Usio common stock on Form 4 with the Securities and Exchange Commission.

Were there any derivative securities involved in National Services’ Usio (USIO) trades?

No derivative securities are shown in this insider report. The filing lists only non-derivative transactions in Usio common stock, and the derivative section is empty, indicating no options, warrants, or other derivatives were exercised or adjusted in this Form 4.

How many total Usio (USIO) shares did National Services sell in this Form 4?

National Services sold a total of 18,860 Usio common shares in this filing. The transactions comprise 10,000 shares sold on March 10, 2026, and 8,860 shares sold on March 9, 2026, both reported as open-market sales of common stock.