Form 4: Paysign Executive Receives Stock Grant
Insider Transaction (Form 4)
Michael C Ngo, Chief Innovation Officer of Paysign, Inc., reported multiple transactions in common stock on March 19, 2025.
Summary
- Grant/award: acquired 2,500,000 Common Stock on March 19, 2025; holds 2,500,000 after (Indirect).
- Grant/award: acquired 500,000 Common Stock on March 19, 2025; holds 500,000 after (Direct).
- Tax/exercise-price withholding: disposed of 38,664 Common Stock at $5.90 ($228,118) on March 31, 2026; holds 461,336 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Michael C Ngo — Officer (Chief Innovation Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2025-03-19 | Grant/award | Common Stock | 2,500,000 | — | — | 2,500,000 |
| 2025-03-19 | Grant/award | Common Stock | 500,000 | — | — | 500,000 |
| 2026-03-31 | Tax/exercise-price withholding | Common Stock | 38,664 | $6 | $228.1K | 461,336 |
Key Dates
| Date | Description |
|---|---|
| 2025-03-19 | Grant/award (2,500,000 shares) |
| 2025-03-19 | Grant/award (500,000 shares) |
| 2026-03-31 | Tax/exercise-price withholding (38,664 shares) |
Keywords
insider transaction, Form 4, PAYS, Paysign, Inc., neutral, Michael C Ngo
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