Herman Joan M 4/A

What Happened Joan M. Herman, EVP of Operations and a director at Paysign, sold 22,534 shares on May 26, 2026. The shares were sold at a weighted average price of $7.01 per share (range $7.0001–$7.0249), for total reported proceeds of $158,038. This report is an amended Form 4 filed June 18, 2026.

Key Details

• Transaction date: 2026-05-26 (sale, code S)
• Price: weighted average $7.01; individual sale prices ranged $7.0001–$7.0249
• Total proceeds: $158,038
• Shares owned after transaction: not disclosed in the provided excerpt
• Notable footnotes: sale was effected under a Rule 10b5-1 trading plan adopted Sept 12, 2025; the filer can provide a breakdown of number of shares sold at each price within the stated range upon request
• Filing: Amended Form 4 (filed 2026-06-18)

Context This was a sale executed pursuant to a pre-established 10b5-1 plan, which is commonly used to schedule trades in advance and can make a sale less indicative of the insider's current view of the company. For retail investors, purchases generally carry clearer signals than routine sales under prearranged plans; this filing documents the transaction but does not by itself explain the insider’s motives.