Form 4: Paysign Director Daniel R. Henry Exercises Stock Options
SEC Form 4 Filing
Director Daniel R. Henry exercised options for 20,000 shares of Paysign, Inc. common stock at a price of $4.53 on May 31, 2024, resulting in a total holding of 80,000 shares.
Summary
- On May 31, 2024, Daniel R. Henry, a director of Paysign, Inc., exercised options to acquire 20,000 shares of common stock at a price of $4.53 per share.
- This transaction was reported on Form 4, filed with the SEC on June 4, 2024.
- Following the transaction, Henry directly owns 80,000 shares of Paysign, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports an insider transaction. It doesn't inherently indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/05/2023 | Reporting person received a grant of 20,000 shares of common stock vesting on May 31, 2024. |
| 05/31/2024 | Director exercised options for 20,000 shares of common stock. |
| 06/04/2024 | Date of Form 4 filing. |
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