Paysign, Inc.: 10% owner Mark Newcomer sold 50,000 shares

What happened Mark Newcomer, a 10% owner, sold 50,000 shares on Oct 9, 2026. The filing reports a weighted average sale price of $15.34 and gross proceeds of $766,895.

Key details

• Transaction date and type: Oct 9, 2026; open market or private sale (code S).
• Price details: $15.34 reported as a weighted average. Footnote F2 states the shares were sold in multiple transactions at prices ranging from $15.3301 to $15.3410; the reporting person will provide a breakdown on request.
• Shares owned after the transaction: not stated in the information provided.
• Footnote F1: the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted Sep 12, 2025.
• Filing date and timeliness: Form 4 filed Oct 14, 2026 — reported late relative to the Oct 9, 2026 transaction.

Why it may matter

• The sale was executed under a Rule 10b5-1 plan, per the filing.
• The reporting person is identified as a 10% owner, i.e., a large holder rather than a named executive in this summary.
• A filing does not show why the insider traded or why the company acted.