Herman Joan M 4
4 · Paysign, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Paysign (PAYS) EVP Joan M. Herman Sells 29,202 Shares
What Happened
Joan M. Herman, Paysign (PAYS) Executive Vice President of Operations and a director, sold 29,202 shares on June 1, 2026. The filing reports weighted-average proceeds of $8.00 per share for total proceeds of $233,730. The sale was recorded as an open market/private sale (transaction code S) and therefore represents a disposition of shares rather than an acquisition.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing).
- Price: reported weighted-average $8.00 per share; actual sale prices ranged from $8.0001 to $8.0200 (footnote).
- Shares sold: 29,202; total proceeds ≈ $233,730.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: F1 — sale was effected under a Rule 10b5-1 trading plan adopted Sept 12, 2025. F2 — weighted-average price reported; the filer will provide a breakdown of shares sold at each price on request.
Context
This was a sale (not a purchase) and was executed under a pre-established 10b5-1 plan, which typically schedules trades in advance and can be routine. Sales under such plans do not necessarily indicate insider sentiment about the company’s prospects.
Insider Transaction Report
Form 4
Paysign, Inc.PAYS
Herman Joan M
DirectorEVP, Operations
Transactions
- Sale
Common Stock
[F1][F2]2026-06-01$8.00/sh−29,202$233,730→ 807,009 total
Footnotes (2)
- [F1]Transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2025.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.0001 to $8.0200, 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.
Signature
/s/ Joan Herman|2026-06-03