Form 4: Paysign CEO Sells Shares
Insider Transaction (Form 4)
Mark Newcomer, CEO, a Director and 10% owner of Paysign, Inc., sold 50,000 shares of common stock on July 29, 2026 for $9.38 per share.
Summary
- Open-market sale: disposed of 50,000 Common Stock at $9.38 ($468,985) on July 29, 2026; holds 9,222,027 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $468,985 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Mark Newcomer — Director, Officer (CEO), 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-29 | Open-market sale | Common Stock | 50,000 | $9 | $469.0K | 9,222,027 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-29 | Open-market sale (50,000 shares) |
Keywords
insider transaction, Form 4, PAYS, Paysign, Inc., bearish, Mark Newcomer
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