PAID, Inc. files 8-K: Director resignation not due to dispute

Rhea-AI Filing Summary

PAID, Inc. reported a board change: Director David Ogden resigned on October 15, 2025. In his resignation letter, he stated the decision was not the result of any disagreement with the company’s operations, policies, or procedures.

The company filed the resignation letter as Exhibit 17.1 with the report. No other management or operational changes were disclosed in this filing.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  October 15, 2025

PAID, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware		0-28720		73-1479833
(State or Other Jurisdiction of Incorporation		(Commission File Number)		(IRS Employer Identification No.)

225 Cedar Hill Street Suite 200 Marlborough, Massachusetts		01752
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (617) 861-6050

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Type of each Class	Trading Symbol(s)	Name of each exchange on which registered
Common	PAYD

Indicate by checkmark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) of Rule 12B-2 of the Securities Exchange act of 1934 (§240.12b-2 of this chapter).

                                                                         Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Item 5.02.             Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)            On October 15, 2025, David Ogden resigned as a Director with PAID, Inc. (the “Company”). Mr. Ogden’s resignation letter is attached as Exhibit 17.1. Mr. Ogden states in his resignation letter that his resignation is not the result of any disagreement with the Company’s operations, policies or procedures.

Item 9.01.             Financial Statements and Exhibits.

(d) Exhibits

See Exhibit Index attached hereto.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PAID, INC.
Date:       October 16, 2025	By:	/s/ W. Austin Lewis, IV
		W. Austin Lewis, IV, President

EXHIBIT INDEX

Exhibit		Description
17.1		David Ogden Letter of Resignation dated October 15,2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

FAQ

What did PAID, Inc. (PAYD) disclose in this 8-K?

The company announced that Director David Ogden resigned on October 15, 2025, with no disagreement cited.

Who resigned from PAID, Inc. (PAYD)'s board?

David Ogden resigned as a Director.

Did David Ogden cite any disagreement with PAID, Inc. (PAYD)?

No. His letter states the resignation is not the result of any disagreement with operations, policies, or procedures.

When was the resignation effective for PAID, Inc. (PAYD)?

The resignation was dated October 15, 2025.

Is the resignation letter available?

Yes. It is filed as Exhibit 17.1 with the report.

What exchange details are listed for PAID, Inc. (PAYD)?

The filing lists the class as Common with the trading symbol PAYD.