PAYS insider sells 26,367 shares after RSU vesting; keeps 147k shares

Q: How many Paysign (PAYS) shares did Matthew Lanford sell?

He sold 26,367 common shares on 04-Aug-2025.

Q: What price did the officer receive for the sold PAYS shares?

The weighted-average sale price was $7.0851 , within a $6.9976鈥�$7.1530 range.

Q: How many PAYS shares does the insider still own after the transactions?

Lanford now directly owns 147,364 common shares and holds 128,000 unvested/derivative shares.

Q: What was the source of the 64,000 shares acquired by the officer?

They were restricted stock units from a July 2022 grant, vesting one-fifth annually through 31-Jul-2027.

[Form 4] Paysign, Inc. Insider Trading Activity

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Paysign, Inc. (PAYS) Form 4: Chief Payments Officer & Director Matthew Lanford reported two transactions. On 31-Jul-2025 he vested and acquired 64,000 common shares at a $0.00 exercise price from a 2022 restricted-stock grant (one-fifth vests annually through 31-Jul-2027). On 04-Aug-2025 he sold 26,367 shares on the open market at a weighted-average $7.0851 (range $6.9976-$7.1530). After these trades he directly owns 147,364 common shares and holds 128,000 unvested/derivative shares under the same grant. The filing was submitted as a single-person report and is not 10b5-1 designated.

Positive

Officer retains a sizeable stake of 147,364 shares plus 128,000 unvested RSUs, suggesting ongoing alignment with shareholders.

Negative

Discretionary sale of 26,367 shares (~$187k) could be interpreted as reduced short-term confidence.
No 10b5-1 plan cited, so market may read timing as opportunistic rather than pre-scheduled.

Insights

TL;DR: Small insider sale after vesting; ownership remains large鈥攕ignal modestly negative but low impact.

The officer exercised zero-cost RSUs, then sold ~41% of the acquired shares, realising ~$187k in proceeds. He retains >147k shares plus 128k unvested RSUs, implying continued alignment. Transaction size is immaterial versus Paysign鈥檚 ~54 M share float and does not indicate a broad shift in insider sentiment. No 10b5-1 plan disclosed, so timing is discretionary. Overall market impact should be minimal, but investors may view the discretionary sale as a mild negative momentum signal.

08/04/2025 - 09:15 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lanford Matthew Louis

(Last)

(First)

(Middle)

2615 ST. ROSE PARKWAY

(Street)

HENDERSON

89052

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Paysign, Inc. [ PAYS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Payments Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/31/2025		M		64,000⁽¹⁾	A	$0.00	173,731	D
Common Stock	08/04/2025		S⁽²⁾		26,367	D	$7.0851⁽²⁾	147,364	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Grant	⁽¹⁾	07/31/2025		M			64,000	⁽¹⁾	07/31/2027	Common stock	64,000	$0.00	128,000	D

Explanation of Responses:

1. One-fifth of the restricted stock shall vest annually on each anniversary of the July 31, 2022 vesting commencement date until fully vested on July 31, 2027.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.9976 to $7.1530, inclusive. The reporting person undertakes to provide to Paysign, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Matthew Lanford	08/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

How many Paysign (PAYS) shares did Matthew Lanford sell?

He sold 26,367 common shares on 04-Aug-2025.

What price did the officer receive for the sold PAYS shares?

The weighted-average sale price was $7.0851, within a $6.9976鈥�$7.1530 range.

How many PAYS shares does the insider still own after the transactions?

Lanford now directly owns 147,364 common shares and holds 128,000 unvested/derivative shares.

Was the transaction executed under a Rule 10b5-1 trading plan?

No; the Form 4 does not indicate that the transactions were made under a 10b5-1 plan.

What was the source of the 64,000 shares acquired by the officer?

They were restricted stock units from a July 2022 grant, vesting one-fifth annually through 31-Jul-2027.

AG真人官方

[Form 4] Paysign, Inc. Insider Trading Activity

Insights

FAQ

How many Paysign (PAYS) shares did Matthew Lanford sell?

What price did the officer receive for the sold PAYS shares?

How many PAYS shares does the insider still own after the transactions?

Was the transaction executed under a Rule 10b5-1 trading plan?

What was the source of the 64,000 shares acquired by the officer?

NASDAQ:PAYS

PAYS Rankings

PAYS Latest News

PAYS Latest SEC Filings

PAYS Stock Data

AG真人官方

Trending News

[Form 4] Paysign, Inc. Insider Trading Activity

Insights

Securities Analyst neutral

FAQ

How many Paysign (PAYS) shares did Matthew Lanford sell?

What price did the officer receive for the sold PAYS shares?

How many PAYS shares does the insider still own after the transactions?

Was the transaction executed under a Rule 10b5-1 trading plan?

What was the source of the 64,000 shares acquired by the officer?

NASDAQ:PAYS

PAYS Rankings

PAYS Latest News

PAYS Latest SEC Filings

PAYS Stock Data