Paysign Director Jeffrey B. Newman Receives Award of 20,000 Shares

What Happened
Jeffrey B. Newman, a director of Paysign, Inc. (PAYS), was granted 20,000 shares of common stock on May 8, 2026. The shares were awarded at an acquisition price of $0.00 and, per the filing footnote, vest on May 8, 2027. This transaction is an equity award (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: May 8, 2026 (grant of 20,000 shares)
• Acquisition price: $0.00 per share (total cash paid $0)
• Vesting: Shares vest on May 8, 2027 (see footnote F1)
• Shares owned after transaction: Not specified in the Form 4 filing
• Filing date: July 31, 2026 — appears to be late (Form 4s are generally due within 2 business days of the change)
• Filing accession: 0001683168-26-005888

Context
This was an award of restricted/common shares that vest in one year — a common form of director compensation. Because the shares are subject to future vesting and were not purchased on the open market, the grant does not alone signal near‑term buying or selling activity. The late filing may delay public visibility into the transaction but does not change the nature of the award.