PAID INC (PAYD) CEO reports indirect grant of 37,072 common shares

Rhea-AI Filing Summary

Lewis William Austin IV reported acquisition or exercise transactions in this Form 4 filing.

PAID INC CEO and CFO William Lewis Austin IV reported an indirect grant of 37,072 shares of common stock at $2.40 per share. The shares are held through Lewis Asst Mgmt Corp, bringing his reported indirect holdings to 3,671,125 shares following the award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lewis William Austin IV

Role CEO, CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	37,072	$2.40	$89K

Holdings After Transaction: Common Stock — 3,671,125 shares (Indirect, Lewis Asst Mgmt Corp)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lewis William Austin IV

(Last) (First) (Middle)

C/O PAID INC

225 CEDAR HILL STREET STE 200

(Street)

MARLBOROUGH MA 01752

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PAID INC [ PAYD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/05/2026	03/05/2026	A		37,072	A	$2.4	3,671,125	I	Lewis Asst Mgmt Corp

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ W. Austin Lewis IV	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PAID INC (PAYD) report for William Lewis Austin IV?

PAID INC reported that William Lewis Austin IV had an indirect grant of 37,072 common shares. The award was recorded at $2.40 per share and was classified as a grant or other acquisition rather than an open-market purchase or sale.

How many PAID INC (PAYD) shares does William Lewis Austin IV hold after this grant?

After the reported grant, William Lewis Austin IV’s indirect holdings total 3,671,125 common shares. These shares are attributed to ownership through Lewis Asst Mgmt Corp, reflecting his reported position following the non-derivative acquisition on the stated transaction date.

Was the PAID INC (PAYD) insider transaction a buy or a grant?

The PAID INC transaction is reported as a grant or award acquisition, not an open-market buy. The Form 4 classifies the 37,072-share change under code “A” for grant, award, or other acquisition, with no corresponding sale or purchase code disclosed in the filing.

Is the PAID INC (PAYD) insider ownership direct or indirect for this transaction?

The reported ownership for this transaction is indirect. The 37,072 granted shares, and the 3,671,125 shares reported afterward, are held through Lewis Asst Mgmt Corp, indicating that the Form 4 attributes the position to an entity associated with William Lewis Austin IV.

What was the reported price for the PAID INC (PAYD) insider share grant?

The grant of 37,072 PAID INC common shares was reported at $2.40 per share. This price is the value used in the Form 4 for the non-derivative grant or award acquisition, rather than a market trade price from an open-market transaction.

How many acquisition transactions did PAID INC (PAYD) disclose in this Form 4?

The Form 4 discloses a single acquisition transaction. It reports one non-derivative grant or award of 37,072 common shares, with no listed sales or additional acquisitions, and summarizes the activity as one acquire-type transaction and zero dispose-type transactions overall.