SCHEDULE: National Services Discloses 10.3% Stake in Usio, Inc.

National Services, Inc. has disclosed a 10.30% beneficial ownership stake in Usio, Inc., holding 2,813,172 shares of common stock.

Summary

• National Services, Inc., a Nevada Corporation, reported beneficial ownership of 2,813,172 shares of Usio, Inc. Common Stock.
• This ownership represents 10.30% of Usio, Inc.'s outstanding Common Stock.
• The calculation is based on 27,307,839 shares of Common Stock outstanding as of November 10, 2025, as reported in Usio's Form 10-Q for the quarter ended September 30, 2025.
• The shares include 2,805,752 held by Whittier Trust Company for the benefit of National Services, Inc. and 7,420 shares for the benefit of NSI's sole shareholder.
• National Services, Inc. holds sole voting power and sole dispositive power over all 2,813,172 shares.
• The securities were not acquired or held for the purpose of changing or influencing the control of Usio, Inc.

Sentiment

Score: 7

Explanation: The disclosure of a significant institutional ownership stake (over 10%) by National Services, Inc. in Usio, Inc. is generally viewed as a positive indicator of investor confidence, even though the filing itself does not contain financial performance data.

Positives

• A significant institutional investor, National Services, Inc., has taken a substantial 10.30% stake in Usio, Inc., signaling confidence in the company's prospects.
• The reporting person explicitly certified that the shares were not acquired for the purpose of changing or influencing the control of the issuer, indicating a passive investment intent.

Industry Context

The disclosure of a significant institutional stake by National Services, Inc. in Usio, Inc. indicates growing institutional interest in the company, which can often be a positive signal for market participants regarding the company's long-term value proposition within its industry.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake may increase investor confidence and potentially influence stock valuation due to perceived institutional validation.

Key Dates

Recommendation

While the filing itself does not provide financial performance data to warrant a 'buy' or 'sell' recommendation, the disclosure of a substantial 10.30% institutional stake by National Services, Inc. is a positive signal. This indicates a significant investor sees value in Usio, Inc., suggesting existing shareholders should hold their positions, and potential investors might consider further due diligence.

Keywords

Usio Inc., National Services Inc., Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Equity Stake, SEC Filing