Form 4: PAID Inc. CEO, CFO, and Director William Austin Lewis IV Acquires 250,000 Shares

William Austin Lewis IV, CEO, CFO, and Director of PAID Inc., reports the acquisition of 250,000 shares of common stock through indirect ownership.

Summary

• On May 19, 2025, William Austin Lewis IV, the CEO, CFO, and a Director of PAID Inc. [PAYD], acquired 250,000 shares of PAID Inc. common stock.
• The shares were acquired indirectly through Lewis Asset Management Corp.
• The price per share was $2.99.
• Following the transaction, Lewis beneficially owns 3,597,022 shares indirectly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of insider trading activity. The acquisition of shares by the CEO could be seen as a positive signal, but without further context, it's difficult to assess the overall impact.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.

Stakeholder Impact

• The acquisition of shares by a key executive could be viewed positively by shareholders, potentially signaling confidence in the company's future prospects.

Key Dates

Keywords

Form 4, Beneficial Ownership, PAID Inc, PAYD, William Austin Lewis IV, Lewis Asset Management Corp, Insider Trading, Equity Securities