Paysign Director Daniel R. Henry Receives 20,000-Share Award

What Happened

• Daniel R. Henry, a director of Paysign, Inc. (PAYS), received a grant/award of 20,000 shares of common stock on May 8, 2026. The Form 4 lists the acquisition price as $0.00, so no cash was exchanged on grant. The shares are subject to a one-year vesting schedule ending May 8, 2027 (per the filing footnote).

Key Details

• Transaction date and type: 2026-05-08 — Award/Grant (code A) of 20,000 shares at $0.00.
• Reported acquisition value on the Form 4: $0 (grant recorded as $0 cash paid).
• Vesting: The 20,000 shares vest on May 8, 2027 (footnote).
• Shares owned after the transaction: Not disclosed on the filing.
• Filing timeliness: Report filed 2026-07-31 (nearly three months after the transaction), which is a late filing and reduces prompt transparency for investors.

Context

• Grants/awards are typically compensation and vest over time; they do not represent an immediate market purchase or sale. Such awards are common for executives/directors and do not by themselves indicate a change in the insider’s view of the company’s stock. For trading signal purposes, outright purchases are generally more informative than grants.