Form 4: Paysign CLO Sells 20,000 Shares Under 10b5-1 Plan

Paysign, Inc.'s Chief Legal Officer, Robert Strobo, sold 20,000 shares of common stock for a weighted average price of $5.47 per share.

Summary

• Robert Strobo, Chief Legal Officer of Paysign, Inc. (PAYS), reported a sale of company common stock.
• The transaction involved the disposition of 20,000 shares of common stock.
• The shares were sold on December 12, 2025, at a weighted average price of $5.47 per share.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Strobo on September 10, 2025.
• Following this transaction, Mr. Strobo directly beneficially owns 327,290 shares of Paysign, Inc. common stock.
• The shares were sold in multiple transactions within a price range of $5.4601 to $5.4701.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a pre-planned insider sale executed under a Rule 10b5-1 plan, which typically indicates a non-discretionary transaction rather than a reaction to immediate company performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing reports an individual insider transaction and does not provide information directly related to broader industry trends or competitive landscape for Paysign, Inc.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but the sale was pre-planned under a 10b5-1 plan, which often mitigates negative interpretations of insider selling.

Key Dates

Keywords

Paysign, PAYS, Robert Strobo, Chief Legal Officer, Insider Sale, Form 4, 10b5-1 Plan, Stock Transaction, Equity Disposal