Paysign innovation chief reports no share holdings

Paysign’s Chief Innovation Officer filed an initial Form 3 showing no reported share ownership or transactions.

Available on EDGAR 09/08/2026 - 02:37 PM EDT Accepted by SEC EDGAR 09/08/2026 - 02:36 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Paysign, Inc. (PAYS) reported an initial statement of beneficial ownership on Form 3 for Michael C. Ngo, who serves as Chief Innovation Officer. The filing does not list any equity holdings or transactions for Ngo at this time and notes an exhibit for a Limited Power of Attorney.

Key Terms

Form 3, beneficial ownership, Limited Power of Attorney

3 terms

Form 3 regulatory

"reported an initial statement of beneficial ownership on Form 3"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

beneficial ownership financial

"reported an initial statement of beneficial ownership on Form 3"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Limited Power of Attorney regulatory

"notes an exhibit for a Limited Power of Attorney"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 filing by Paysign, Inc. (PAYS) disclose about Michael C. Ngo?

It discloses that Michael C. Ngo is an officer of Paysign, serving as Chief Innovation Officer. The Form 3 is an initial statement of beneficial ownership and currently shows no reported equity holdings or transactions for him.

Does Michael C. Ngo report any Paysign (PAYS) share ownership on this Form 3?

No. The Form 3 for Michael C. Ngo reports no transactions and no holding entries, indicating that no Paysign equity positions are listed for him as of this filing.

Are there any buy or sell transactions reported for Michael C. Ngo in Paysign (PAYS) stock?

No. The transaction summary shows 0 buys, 0 sells, 0 exercises, and no other transaction activity, so there are no reported trades in Paysign stock for Michael C. Ngo in this Form 3.

What is Michael C. Ngo’s role at Paysign, Inc. (PAYS) according to this Form 3?

Michael C. Ngo is identified as an officer of Paysign, Inc., holding the title of Chief Innovation Officer. He is not reported as a director or a ten percent owner in this filing.

What additional document is referenced in Michael C. Ngo’s Form 3 for Paysign (PAYS)?

The remarks reference an exhibit list that includes a Limited Power of Attorney, indicating that such a document is associated with this Form 3 filing for administrative or signing authority purposes.

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

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SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Ngo Michael C

(Last) (First) (Middle)

2615 ST. ROSE PARKWAY

(Street)

HENDERSON NEVADA 89052

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/19/2025

3. Issuer Name and Ticker or Trading Symbol
Paysign, Inc. [ PAYS ]

3a. Foreign Trading Symbol

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Innovation Officer

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List 24 - Limited Power of Attorney

No securities are beneficially owned.

	/s/ Michael Ngo	09/08/2026
	** 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 5 (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.
* Form 3: SEC 1473 (03-26)