PAY (PAY) holder TF Investment Holdings LLC plans sale of 80,000 shares

Rhea-AI Filing Summary

TF Investment Holdings LLC has filed to sell 80,000 shares of common stock of the issuer through Morgan Stanley Smith Barney LLC Executive Financial Services. The shares relate to previously exercised stock options, with the transaction dated February 24, 2022.

The filing also lists prior sales under a 10b5-1 trading arrangement, including 40,000 common shares sold on July 28, 2026 for $1,324,776.00 and 40,000 common shares sold on July 29, 2026 for $1,404,852.00.

Key Figures

Planned shares to be sold: 80,000 shares Estimated aggregate market value: $2,761,600.00 Shares sold July 28, 2026: 40,000 shares +3 more

6 metrics

Planned shares to be sold 80,000 shares Common stock to be sold related to previously exercised stock options

Estimated aggregate market value $2,761,600.00 Aggregate market value associated with the 80,000 common shares

Shares sold July 28, 2026 40,000 shares 10b5-1 sale of common stock on July 28, 2026

Proceeds July 28, 2026 sale $1,324,776.00 Total consideration for 40,000 shares sold on July 28, 2026

Shares sold July 29, 2026 40,000 shares 10b5-1 sale of common stock on July 29, 2026

Proceeds July 29, 2026 sale $1,404,852.00 Total consideration for 40,000 shares sold on July 29, 2026

Key Terms

Form 144, 10b5-1 Sales, Previously Exercised Stock Options, Common

4 terms

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

10b5-1 Sales regulatory

"10b5-1 Sales for TF INVESTMENT HOLDINGS LLC"

10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.

Previously Exercised Stock Options financial

"Previously Exercised Stock Options | Issuer"

Common financial

"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/04/2026 - 04:33 PM Accepted by SEC EDGAR 08/04/2026 - 04:31 PM Learn about SEC filing dates

FAQ

What does PAY’s Form 144 filing disclose about planned share sales?

The filing discloses a plan to sell 80,000 common shares related to previously exercised stock options through Morgan Stanley Smith Barney LLC Executive Financial Services.

Who is the selling security holder in PAY’s Form 144 notice?

The selling security holder is listed as TF Investment Holdings LLC, using Morgan Stanley Smith Barney LLC Executive Financial Services in New York as the financial services intermediary.

How many PAY shares has TF Investment Holdings LLC sold in the past 3 months?

The filing reports sales of 80,000 common shares in the past 3 months, consisting of 40,000 shares sold on July 28, 2026 and 40,000 shares sold on July 29, 2026.

What proceeds were reported from TF Investment Holdings LLC’s recent PAY share sales?

Reported proceeds total $2,729,628.00, including $1,324,776.00 from 40,000 shares sold on July 28, 2026 and $1,404,852.00 from 40,000 shares sold on July 29, 2026.

Are PAY shares being sold under a Rule 10b5-1 plan?

Yes. The recent sales of PAY common shares by TF Investment Holdings LLC are described as 10b5-1 Sales, indicating they were executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	80000	2761600.00	63114220	08/04/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/24/2022	Previously Exercised Stock Options	Issuer			80000	02/24/2022	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for TF INVESTMENT HOLDINGS LLC 11605 N. Community House Road, Suite 300 Charlotte NC 28277	Common	07/29/2026	40000	1404852.00
10b5-1 Sales for TF INVESTMENT HOLDINGS LLC 11605 N. Community House Road, Suite 300 Charlotte NC 28277	Common	07/28/2026	40000	1324776.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)