Herman Joan M 4

What Happened
Joan M. Herman, EVP of Operations and a director at Paysign, sold 6,667 shares in an open-market transaction on May 4, 2026. The weighted-average sale price was $7.01 per share, for total proceeds of approximately $46,737. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: May 4, 2026 (reported on Form 4 filed May 6, 2026). No late filing is indicated in the provided data.
• Transaction type/code: Sale (S), executed under an open-market/private sale.
• Shares sold: 6,667; weighted average price: $7.01; total value: ~$46,737.
• Price range: Shares were sold in multiple trades at prices ranging from $7.001 to $7.0203 (footnote). The reporting person offers to provide a breakdown of the number of shares sold at each price upon request.
• Plan/floor: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Herman on September 12, 2025 (footnote).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.

Context
Sales made under a pre-established 10b5-1 plan are typically scheduled in advance and are generally treated as routine insider liquidity rather than a direct signal of the insider’s current view on the stock. No options were exercised and no awards or gifts were involved in this filing.