Form 4: Paysign Executive Sells Shares
Insider Transaction (Form 4)
Joan M Herman, EVP, Operations and a Director of Paysign, Inc., sold 59,904 shares of common stock on September 15, 2026.
Summary
- Open-market sale: disposed of 21,004 Common Stock at $12.38 ($260,069) on September 15, 2026; holds 648,321 after (Direct).
- Open-market sale: disposed of 38,900 Common Stock at $11.74 ($456,830) on September 16, 2026; holds 609,421 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $716,899 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Joan M Herman — Director, Officer (EVP, Operations)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-15 | Open-market sale | Common Stock | 21,004 | $12 | $260.1K | 648,321 |
| 2026-09-16 | Open-market sale | Common Stock | 38,900 | $12 | $456.8K | 609,421 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-15 | Open-market sale (21,004 shares) |
| 2026-09-16 | Open-market sale (38,900 shares) |
Keywords
insider transaction, Form 4, PAYS, Paysign, Inc., bearish, Joan M Herman
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