Scott David Daniel 4
4 · PAID INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
PAID INC (PAYD) COO Scott Daniel Receives 5,329-Share Award
What Happened
Scott David Daniel, Chief Operating Officer of PAID INC (ticker: PAYD), received an award of 5,329 shares on March 5, 2026. The grant is reported at an acquisition price of $2.40 per share, for a total reported value of $12,790. This transaction is an award/grant (transaction code A), part of compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: March 5, 2026; Filing date: March 10, 2026 (appears to be filed late relative to the typical 2-business-day Form 4 deadline).
- Reported price: $2.40 per share; Total value: $12,790.
- Shares involved: 5,329 shares acquired via award/grant.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes/conditions: No vesting, tax-withholding, or 10b5-1 plan details included in the supplied details.
Context
Grants and awards are common components of executive compensation and do not necessarily signal immediate buying or selling intent. Unlike open-market purchases, awards reflect compensation arrangements (often tied to performance or service/vesting schedules). Note the filing delay — late Form 4 submissions reduce timely transparency for investors.
Insider Transaction Report
- Award
Common Stock
2026-03-05$2.40/sh+5,329$12,790→ 73,226 total