Nalluri Anil Choudary Inc P/S Plan & Trust U/a/dtd 7/1/80 SC 13D/AAVALON / NALLURI ANIL CHOUDARY INC P/S PLAN & TRUST U/A/DTD 7/1/80 ownership change

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment (36)*

AVALON HOLDINGS CORPORATION

(Name of Issuer)

Class A Common Stock, $0.01 par value

(Title of Class of Securities)

0534P109

(CUSIP Number)

Anil Choudary Nalluri, M.D.

5500 Market Street, Suite 128

Youngstown, Ohio 44512

330-783-1147

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

August 2, 2023

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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 control number.

2

This Statement on Schedule 13D (“Schedule 13D”) relates to the Class A Common Stock, $0.01 par value (the “Common Stock”) of Avalon Holdings Corporation, an Ohio corporation (the “Issuer”), whose principal executive offices are located at One American Way, Warren, Ohio 44484.

This statement is filed by Anil Choudary Nalluri (“Dr. Nalluri” or the “Reporting Person”) on behalf of himself and his wife, Parvati Nalluri and various accounts controlled by them. Dr Nalluri’s principal business address is 5500 Market Street, Suite 128, Youngstown, Ohio 44512. Mr. Nalluri’s principal occupation is practicing in the field of psychiatry. During the past five years, Dr. Nalluri has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) and has not been a party to civil proceedings of a judical or administrative body of competent jurisdiction, as a result of which Mr. Nalluri was or is subject to a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Mr. Nalluri is a United States citizen.

3

Dr. Nalluri’s purchases of shares of Common Stock have all been made with his personal funds.

The purpose of this filing is to state that Dr. Nalluri is the beneficial owner of greater than 20% of the Common Stock of the issuer.

Doctor Nalluri does not currently have any specific plans or proposals that relate to or would result in any of the actions or events specified in clauses (a) through (j) of Item 4 of Schedule 13D. Mr. Nalluri reserves the right to change plans and take any and all actions that Dr. Nalluri may deem appropriate to maximize the value of his investments, including, among other things, purchasing or otherwise acquiring additional securities of the Issuer, selling or otherwise disposing of any securities of the Issuer beneficially owned by him, in each case in the open market or in privately negotiated transactions, or fomulating other plans or proposals regarding the Issuer or its securities to the extent deemed advisable by Mr. Nalluri is light of his general investment policies, market conditions, subsequent developments affecting the Issuer and the general business and future prospects of the Issuer.

(a) Dr. Nalluri beneficially owns 920,614 shares of Common Stock, which is equal to approximately 28.00% of the outstanding shares, based on information from the Issuer that 3,287,647 Class A shares of Common Stock are outstanding as of March 3, 2023.

(b) Dr. Nalluri has sole voting and dispositive power for all such shares of Common Stock held record by him.

Not applicable

Not applicable

Not applicable

4

Date: August 2, 2023

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement: provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

5

5 36 MA Wed Au L -:::- 55”, M;mage Subscn pttons DOW 35,63068 .6 71.15(0..20%) NASDAQ 14,283.91 .6 0(0. ) S&P500 4.576.73 T ·12.23(-Q.27’X.) US rketsCiosed Platinum Sel’vice v LogOff Complete View Portfolios Watch Lists Orders Balances Tl’ansactjona nklng Tax Center Documents “ Dividend Reinvestment Transactions R V RLO N 1-i 0 L D J freshYug 02.2023 5:35AM ET Help 6 0 Tran$actlons Cheek Summary Deposit Summary categories Reports Avaolabie for Wnhcltewal Avaolable Gash Available on Margi’l Show more Bodipalem -4204 $124.75 $118.07 $6.68 Trensacaon Timeper1od From To r All Types v Custom v 06/22/2023 08/02/2023 secunry type Symbol Description Order I Check Show --- PJ Non-cash All Types v AWX transactions ‘-- 0 Sweep activities Apply UAtf’”’ Type ChAck/DI’pOSilhTll.l\)8 Descnr.1to01t Categorle AmOLI11 $ 07/18/23 Bought 118 of AWX @ $2.61 (Order 19548) -30798 07/18/23 Bought 300 of AWX @ $2.5999 (Order 19547) Unassigned -77997 07/18/23 Bought 932 of AWX @ $2.60 (Order t 954n Unassogned ·2.423.20 07/18/23 Bought 100 of AWX@ $2.54 (Order f9546) Unass1gned ·254.00 07/18/23 Bought 1300 of AWX @ $2 48 (Order t9546) Unassogned -3,224.00 07/18/23 Bought 1 of AWX @ 52.56 (Order t9546) Unessogned 2.56 07/18/23 Bought 303 of AWX @ $2.55 (Order J9546} u nassigned -772.65 07/18/23 Bought 640 of AWX @ $2 5499 (Order 19546) Una s. og ned -1,63194 07/18/23 Bought 100 of AWX @ $2.5145 (Order 19543) Unassigned ·251.45 07/18/23 Bought 764 of AWX@ $2.54 (Order 19543) Unassogned ·1.94056 07/18/23 Bought 1900 or AWX@ $2.5355 (Order 19542} Unassigned -4,817.45 07/18/23 Bought 1481 of AWX@ $2.49 {Order i9541) Unassogned ·3,68769 07/18/23 Bought 1319 of AWX @ $2.5399 (Order 19540) Unnsogned -3,350.13 07/18/23 Bought 200 of AWX @ $2.455 (Order 19540} Unassogned -491.00 07/18/23 Bought 900 of AWX @ $2.4833 (Order 19539) Unassogned -2,234.97 07/17/23 Bought 1453 of AWX@ $2.505 (Order 19536} Unnsogned ·3,63977 07/17/23 Bought 600 of AWX@ $2.57 (Order *9536) Unassogned ·1,542.00 07/17/23 Bought 755 of AWX @ $2.5106 {Order 19535) Unessogned -1,895.50 07/10/23 Bought 4950 of AWX @ $2.5439 (Order 19529) Unassogned ·12,592.31 07/10/23 Bought 700 of AWX @ $2.5448 {Order t9528} Unusogned -1,78136 07/10/23 Bought 200 of AWX @ $2.53 (Order 19527) Unass gned -506.00

07nB/23 Bought 300 of AWX @ $2.5999 [Order 9547} Unassigned ·779.97 07/18/23 Bought 932 of AWX@ $2.60 [Order 9547) Unassigned ·2.423.20 07nB/23 Bought 100 of AWX @ $2.54 (Order t9546) Unasstgned ·254.00 07/18/23 Bought 1300 of AWX @ $2.48 (Order t9546) Unassigned -3 224.00 07/18/23 Bought 1 of AWX@ S2.56 [Order 19546) Unassigned ·2.56 07/18/23 Bought 303 of AWX 0 $2.55 (Order i9546) Unassigned :m.ss 07/18/23 Betlght 640 of AWX @ $2.5499 (Order f9546) Unassigned ·1631.94 07/18/23 Bought 100 of AWX @ $2.5145 (Order 19543) Unassigned ·251.45 07/18/23 Bought 764 of AWX @ $2.54 (Order 19543) Unassigned ·1.94056 07/18/23 Bought 1900 of AWX@ $2.5355 (Order 19542) Unassigned -4,817.45 07/18/23 Bought 1481 of AWX@ $2.49 (Order 19541) Unass1gned ·3,687.69 07/18/23 Bought 1319 of AWX @ $2 5399 (Order 19540) Unassigned ·3.350.13 07/18/23 Bought 200 of AWX @ $2.455 (Order 19540} Unass1gned ·491.00 07/18/23 Bought 900 of AWX @ $2.4833 (Order 9539) Unassigned ·2.234.97 07/17/23 Bought 1453 of AWX@ $2.505 (Order 19536) Unassigned ·3.63977 07/17/23 Bought 600 of AWX@ $2.57 (Order 19536) Unassigned ·1.542.00 07/17/23 Bought 755 of AWX@ $2.5106 (Order 19535) Unassigned ·1.895.50 07/10/23 Bought 4950 of AWX@ $2.5439 (Order 19529) Unassigned -12.592.31 07/10/23 Bought 700 of AWX@ $2.5446 (Order 19526) Unassigned ·1.761.36 07/10/23 Bought 200 of AWX @ $2.53 (Order 19527) Unassigned ·506.00 07{10/23 Bought 1000 of AWX@ $2.5922 (Order 19526) Unassigned ·2.592.20 07/07/23 Bought 400 of AWX @ $2.59 (Order r9522) Unassigned ·1.036.00 06/27/23 Bought 900 of AWX @ $2.45 (Order 19511) Unassigned ·2.205.00 06/27/23 Bought 1796 of AWX @ $2.4799 (Order 19513) Unassigned -4,453.90 06/27/23 Bought 4 of AWX @ $2.46 (Order t9513) Unass1gned -984 06/27/23 Bought 200 of AWX @ $2.435 (Order 19513) Unassigned ·487.00 06{27{23 Bought 100 of AWX@ $2.45 (Order 19512) Unass1gned -245.00 06127/23 Bought 300 of AWX@ $2.45 (Order ,119510) Unassigned -735.00 06/26/23 Bought 400 of AWX @ $2.445 (Order i9506) Unassigned -976.00 Bought 448 of AWX @ $2.4999 (Order 19506) Unassigned ·t119.96 06/26/23 06/26/23 Bought 95 of AWX@ $2.45 (Order t9506) Unass1gnad -232.75 06/26/23 Bought 557 of AWX @ $2.49 (Order f9508} Unassigned ·1,386.93 06/26/23 Bought 1300 of AWX @ $2.50 (Order f9508) Unass1gned -3.250.00 06/26/23 Bought 800 of AWX@ $2.445 [Order t9509) Unassigned ·1.956.00 06/26/23 Bought 300 of AWX@ $2.4835 (Order 19509) Unass1gned ·745.05 06/2312:3 Bought 228 of AWX @ $2.395 [Order 19507} Unassigned ·546.06 06/23/23 Bought 200 of AWX @ $2.3999 (Order 19507) Unassigned -479.98 06/23123 Bought 72 of AWX @ $2.40 (Order f9507} Unassigned -1n.60

5 38 AM Wed Aug 2 ;:’ 55”, f- Manage Subscriptions DOW 35,630_68 .A 71.15 (0.20%) NASDAQ 14,283.91 .it. 0 (0. ) S&P 500 4,576.73 \’ ·12.23 (.0_2 ) US Markets Closed Platinum Serviu Log Off Complete View Portfolios Watch Ll& s Orders Balances Transactions Banking Tax Cent t!l” Ooc\Jments “ Dividend Relnwstment Transactions AVALON Tranaactions Retirement Summary Check Summary Deposit Summary categories Reports Net Value 2023 Contributions ‘ 2023 Otstnbutlons Showmore Anil Roth -5702 _3 $997,51t50 $0.00 $0.00 Transaction Time period From To All Types v Custom v [ t;l 06/02/2023 - 08/02/20;3 J “ Fillers Secunty type Symbol Descnption Order I Check Show l!’J Non-cash All Types v A WX trans&ctions 0 Sweep activities Apply DMte Type Oesctlpnon Gategoues Am ‘ Uilt” 07/07/23 Bought 207 of AWX @ $2.55 (Order 161) Unawgned -527.85 07/07/23 Bought 1000 of AWX@ $2 5365 (Order 161) Unas gned -2.536.50 07/07/23 Bought 1359 o f AWX @ $255 (Order 159) Unassigned ·3,465_45 07/07/23 Bought 100 of AWX @ $254 (Order 159) Unas! igned -254.00 07/07/23 Bought 530 of AWX @ 52.539 9 (Order 159) Unassigned ·1,346.15 07/06/23 Bought 3500 of AWX @ $2 5492 (Order 157) Unos! igned -8,922.20 Bought 46 of AW X @ $2.48 (Order 155) Unassigned -114.08 07/06/23 07/06/23 Bought 336 of AWX @ $2418 (Order 154) Unawgned -812.45 07/0 5/23 Bought 1500 of AWX@ $2.47 (Order 148) Unas ned -3,705.00 07/05/23 Bought 1000 of AWX@ $2 5399 (Order 148) Unassigned -2.53990 07/05/23 Bought 740 of AWX @ $2 4 45 (Order 150 ) Unassigned ·1,809.30 07/05/23 Bought 2000 of AWX @ $250 (Order 151) Unassigned ·5,000.00 Bought 600 of AWX@ $2 4999 (Order 51) Unassigned -1,49994 07/05/23 Checlc the background of E11tADE Secorltles LLC end Morgen Stanley Smith Barney U.Con FINRA’ OrolcerCheck end see E”TRADE Seeuritlea LLC and MRADE capital Management, U.C Relationship Summary and MMgan Stanley Smith Berney U.C Reletlonshlp Summary. Investment Products Not FDIC II’\IW’ed No Bank Guenntee May l..ole Value