Herman Joan M 4

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.