4/A: Paysign EVP Sells Shares Under 10b5-1 Plan

Paysign, Inc. EVP of Operations, Joan Herman, reported the sale of 22,534 shares of common stock for $7.0133 per share, executed under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Joan Herman, EVP of Operations at Paysign, Inc., sold 22,534 shares of common stock.
• The sale occurred on May 26, 2026, with a weighted average price of $7.0133 per share.
• These shares were sold in multiple transactions at prices ranging from $7.0001 to $7.0249.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on September 12, 2025.
• Following the transaction, Herman beneficially owns 836,211 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted under a pre-established Rule 10b5-1 plan, indicating it was planned in advance and not based on recent material non-public information.

Negatives

• EVP of Operations sold a significant number of shares (22,534).

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider sales under Rule 10b5-1 plans are common for executives to diversify holdings or manage personal finances, and are generally not viewed negatively unless they represent a significant portion of an executive's holdings or signal a lack of confidence.

Stakeholder Impact

• Shareholders: The sale by a key executive might be perceived negatively, but the execution under a 10b5-1 plan mitigates concerns about insider trading. The remaining beneficial ownership by the executive is substantial.

Key Dates

Keywords

Paysign, PAYS, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, EVP Operations, Beneficial Ownership