National Services, Inc. Acquires 9.86% Stake in Usio, Inc. (USIO)

2026-05-18SEC Filing SCHEDULE 13G/A (0001213900-26-058663)

National Services, Inc., a Nevada corporation, has filed a Schedule 13G/A (Amendment No. 2) reporting a significant increase in its holdings of Usio, Inc. (ticker: USIO) common stock. As of the event date on March 10, 2026, the reporting person disclosed beneficial ownership of 2,721,272 shares, representing a 9.86% stake in the company. This ownership includes 2,713,852 shares held by Whittier Trust Company for the benefit of National Services, Inc. and 7,420 shares held by the entity's sole shareholder. National Services, Inc. reported sole voting and dispositive power over the entire position. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The ownership percentage is based on 27,595,994 shares of common stock outstanding as of May 11, 2026. This filing marks a significant increase from the previously reported 0% ownership, establishing National Services, Inc. as a major shareholder in the San Antonio-based payment solutions provider.