National Services, Inc 4

What Happened

• National Services, Inc., a reported 10% owner of Usio, Inc. (USIO), sold a total of 17,512 shares in two open-market transactions. The sales were 10,000 shares on 2026-01-20 and 7,512 shares on 2026-01-21, each reported at a price of $1.36. Reported proceeds were $13,579 and $10,239, respectively (total ≈ $23,818). These were sales (not purchases), typically considered routine disposition rather than a bullish insider purchase.

Key Details

• Transaction dates and prices:
  • 2026-01-20: Sold 10,000 shares @ $1.36 — proceeds reported $13,579
  • 2026-01-21: Sold 7,512 shares @ $1.36 — proceeds reported $10,239
• Shares owned after transaction: filing notes 7,420 shares beneficially owned (footnote indicates these are held by the sole shareholder of the reporting person).
• Insider status: National Services, Inc. is a 10% owner (an affiliated/large holder), not an individual executive.
• Filing and paperwork: Form 4 filed 2026-01-22; this appears to be within the standard two-business-day filing window for Form 4. Exhibit 24.1 (Power of Attorney) was included.
• Footnote: F1 clarifies the post-transaction beneficial ownership figure includes 7,420 shares held by the reporting person’s sole shareholder.

Context

• Sales by large holders (10% owners) are often portfolio or liquidity moves and do not necessarily indicate management’s view of the company. The total proceeds here are modest (~$23.8k). No options exercise, gift, or tax-withholding events were reported in this filing.