Paysign CTO discloses 285K-share stock award

Paysign’s CTO discloses multiple time- and performance-based restricted stock awards with vesting extending through 2027.

Rhea-AI Filing Summary

Paysign, Inc. (PAYS) reported the initial equity holdings of its Chief Technology Officer, Cunningham Bradley Kramer, via a Form 3 that principally describes prior restricted stock awards and their vesting schedules. The awards include time-based and performance-based restricted stock grants that vest in future years, contingent on continued service and, for one grant, achievement of an earnings target.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Cunningham Bradley Kramer

Role CHIEF TECHNOLOGY OFFICER

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--
holding	Common Stock F1	--	--	--
holding	Common Stock F2	--	--	--
holding	Common Stock F3	--	--	--
holding	Common Stock F4	--	--	--

Holdings After Transaction: Common Stock — 374,000 shares (Direct)

Footnotes (4)

1. F1. On June 18, 2021, the reporting person received a restricted stock award of 150,000 shares of common stock, vesting 1/5 on each of June 30, 2022 and each anniversary of such date thereafter. The remaining 30,000 unvested shares will vest in full on June 30, 2026, and the shares will be delivered to the reporting person on such vesting date.
2. F2. On July 26, 2022, the reporting person received a restricted stock award of 285,000 shares of common stock, vesting 1/5 on each of July 31, 2023 and each anniversary of such date thereafter. The remaining 114,000 unvested shares will vest in equal installments on July 31, 2026 and July 31, 2027, and the shares will be delivered to the reporting person on each such vesting date.
3. F3. On May 7, 2025, the reporting person received a restricted stock award of 33,334 shares of common stock, vesting 1/3 on each of May 18, 2026 and each anniversary of such date thereafter, and the shares will be delivered to the reporting person on each such vesting date.
4. F4. On May 7, 2025, the reporting person received a performance-based restricted stock grant award of 66,666 shares of common stock, with the performance goal deemed satisfied on November 13, 2025 based upon the achievement of a specified earnings target. The restricted stock will vest and be delivered as to 1/3 of the shares on each of May 18, 2026 and each such anniversary of such date thereafter, subject to the reporting person's continued service to the issuer through and on the applicable vesting date.

Key Figures

Restricted stock award (June 18, 2021): 150,000 shares Remaining unvested shares (2021 award): 30,000 shares Restricted stock award (July 26, 2022): 285,000 shares +3 more

6 metrics

Restricted stock award (June 18, 2021) 150,000 shares Restricted stock award to CTO vesting annually beginning June 30, 2022

Remaining unvested shares (2021 award) 30,000 shares Unvested portion vesting in full on June 30, 2026

Restricted stock award (July 26, 2022) 285,000 shares Restricted stock award to CTO vesting over five years starting July 31, 2023

Remaining unvested shares (2022 award) 114,000 shares Unvested portion vesting in equal installments on July 31, 2026 and July 31, 2027

Time-based restricted stock award (May 7, 2025) 33,334 shares Award vesting one-third on May 18, 2026 and each anniversary thereafter

Performance-based restricted stock award (May 7, 2025) 66,666 shares Award with performance goal satisfied November 13, 2025, vesting one-third annually from May 18, 2026

Key Terms

restricted stock award, performance-based restricted stock grant award, vesting, earnings target

4 terms

restricted stock award financial

"the reporting person received a restricted stock award of 150,000 shares"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

performance-based restricted stock grant award financial

"received a performance-based restricted stock grant award of 66,666 shares"

vesting financial

"vesting 1/5 on each of June 30, 2022 and each anniversary"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

earnings target financial

"performance goal deemed satisfied ... based upon the achievement of a specified earnings target"

FAQ

What does Paysign, Inc. (PAYS) report in this Form 3 for Cunningham Bradley Kramer?

Paysign reports its Chief Technology Officer’s initial beneficial ownership, detailing several restricted stock awards of common stock and their vesting schedules through 2027. The filing does not report any purchases or sales of shares.

What are the key details of the June 18, 2021 restricted stock award for PAYS’s CTO?

On June 18, 2021, the CTO received a restricted stock award of 150,000 shares of common stock, vesting one-fifth on June 30, 2022 and on each anniversary thereafter. The footnote states the remaining 30,000 unvested shares will vest in full on June 30, 2026.

What are the vesting terms of the July 26, 2022 restricted stock award at Paysign (PAYS)?

On July 26, 2022, the CTO received a restricted stock award of 285,000 shares, vesting one-fifth on July 31, 2023 and each anniversary thereafter. The filing states the remaining 114,000 unvested shares will vest in equal installments on July 31, 2026 and July 31, 2027.

What 2025 time-based restricted stock award does PAYS disclose for its CTO?

The filing states that on May 7, 2025 the CTO received a restricted stock award of 33,334 shares of common stock, vesting one-third on May 18, 2026 and on each anniversary of that date thereafter, with shares delivered on each vesting date.

What performance-based restricted stock grant is reported for Paysign’s CTO?

On May 7, 2025 the CTO received a performance-based restricted stock grant award of 66,666 shares of common stock. The performance goal was deemed satisfied on November 13, 2025 based on a specified earnings target, and the stock will vest one-third on May 18, 2026 and each anniversary thereafter, subject to continued service.

Does the PAYS Form 3 report any insider buying or selling by the CTO?

No. The Form 3 shows holding entries and describes prior restricted stock awards and their vesting, but it does not report any purchases or sales of Paysign common stock by the CTO.

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Available on EDGAR 09/04/2026 - 05:57 PM Accepted by SEC EDGAR 09/04/2026 - 05:57 PM Learn about SEC filing dates

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
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1. Name and Address of Reporting Person^*

Cunningham Bradley Kramer

(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)
12/14/2025

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 TECHNOLOGY 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)
Common Stock	130,000	D
Common Stock	30,000(1)	D
Common Stock	114,000(2)	D
Common Stock	33,334(3)	D
Common Stock	66,666(4)	D

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:

1. On June 18, 2021, the reporting person received a restricted stock award of 150,000 shares of common stock, vesting 1/5 on each of June 30, 2022 and each anniversary of such date thereafter. The remaining 30,000 unvested shares will vest in full on June 30, 2026, and the shares will be delivered to the reporting person on such vesting date.

2. On July 26, 2022, the reporting person received a restricted stock award of 285,000 shares of common stock, vesting 1/5 on each of July 31, 2023 and each anniversary of such date thereafter. The remaining 114,000 unvested shares will vest in equal installments on July 31, 2026 and July 31, 2027, and the shares will be delivered to the reporting person on each such vesting date.

3. On May 7, 2025, the reporting person received a restricted stock award of 33,334 shares of common stock, vesting 1/3 on each of May 18, 2026 and each anniversary of such date thereafter, and the shares will be delivered to the reporting person on each such vesting date.

4. On May 7, 2025, the reporting person received a performance-based restricted stock grant award of 66,666 shares of common stock, with the performance goal deemed satisfied on November 13, 2025 based upon the achievement of a specified earnings target. The restricted stock will vest and be delivered as to 1/3 of the shares on each of May 18, 2026 and each such anniversary of such date thereafter, subject to the reporting person's continued service to the issuer through and on the applicable vesting date.

Remarks:

Exhibit List 24 - Limited Power of Attorney

	/s/ Bradley Kramer Cunningham	09/04/2026
	** 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)