Paysign CPO reports tax withholding, RSU grant

Paysign, Inc. Chief Payments Officer Matthew Louis Lanford reported routine equity compensation activity.

Rhea-AI Filing Summary

Paysign, Inc. Chief Payments Officer Matthew Louis Lanford reported routine equity compensation activity. He received a grant of 66,666 shares of performance-based restricted stock, with the performance goal deemed satisfied on November 13, 2025 based on a specified earnings target.

The restricted stock is scheduled to vest in three equal installments on May 18, 2026, May 18, 2027, and May 18, 2028, subject to continued service. On May 18, 2026, 12,755 shares of common stock were withheld by Paysign to cover tax obligations tied to vesting, leaving Lanford with 234,609 shares held directly.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Lanford Matthew Louis

Role Chief Payments Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	12,755	$5.865	$75K
Grant/Award	Common Stock	66,666	$0.00	$0.00

Holdings After Transaction: Common Stock — 234,609 shares (Direct)

Footnotes (2)

1. F1. Represents performance-based restricted stock granted on May 7, 2025, 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, May 18, 2027, and May 18, 2028, subject to the reporting person's continued service to the issuer through and on the applicable vesting date.
2. F2. Represents shares of common stock withheld by the issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock.

Key Figures

Performance-based restricted stock grant: 66,666 shares Tax-withheld shares: 12,755 shares Tax-withholding reference price: $5.865 per share +2 more

5 metrics

Performance-based restricted stock grant 66,666 shares Grant with performance goal satisfied on November 13, 2025

Tax-withheld shares 12,755 shares Withheld on May 18, 2026 for tax obligations on vesting

Tax-withholding reference price $5.865 per share Price used for the 12,755-share tax-withholding disposition

Shares held after transaction 234,609 shares Direct Paysign common stock holdings after May 18, 2026 event

Award vesting schedule 1/3 each year Vesting on May 18, 2026, 2027, and 2028, subject to service

Key Terms

performance-based restricted stock, vesting, earnings target, tax withholding obligations

4 terms

performance-based restricted stock financial

"Represents performance-based restricted stock granted on May 7, 2025, with the performance goal deemed satisfied"

Shares granted to employees or executives that are held back and only become actual, tradable stock if the company meets predefined performance targets; until those goals are met the shares cannot be sold. Think of it like a bonus held in escrow that’s released only when specific results are achieved — investors watch these awards because they tie management pay to company outcomes, can dilute existing shareholders when released, and signal how confident or incentivized insiders are to meet growth or profitability goals.

vesting financial

"The restricted stock will vest and be delivered as to 1/3 of the shares on each of May 18, 2026"

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 on November 13, 2025 based upon the achievement of a specified earnings target"

tax withholding obligations financial

"shares of common stock withheld by the issuer to satisfy certain tax withholding obligations associated with the vesting"

FAQ

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

What did Paysign (PAYS) disclose about Matthew Lanford’s latest stock grant?

Paysign disclosed a grant of 66,666 performance-based restricted shares to Chief Payments Officer Matthew Lanford. The performance goal was deemed satisfied on November 13, 2025, and the shares vest in three equal installments in 2026, 2027, and 2028, contingent on continued service.

How are Matthew Lanford’s Paysign (PAYS) restricted shares scheduled to vest?

The restricted stock vests in three equal annual tranches starting May 18, 2026. One-third of the 66,666 granted shares is scheduled to vest on each of May 18, 2026, May 18, 2027, and May 18, 2028, assuming Lanford remains in service through each vesting date.

Why were 12,755 Paysign (PAYS) shares disposed of in Matthew Lanford’s Form 4/A?

The 12,755 shares reported as a disposition were withheld for tax obligations, not sold on the market. Paysign retained these shares to satisfy certain tax withholding requirements associated with the vesting of restricted stock on May 18, 2026.

How many Paysign (PAYS) shares does Matthew Lanford hold after the reported transactions?

After the May 18, 2026 tax-withholding event, Lanford directly holds 234,609 Paysign common shares. This figure reflects his position following the withholding of 12,755 shares tied to the vesting of previously granted performance-based restricted stock.

What type of insider transactions did Paysign (PAYS) report for Matthew Lanford?

Paysign reported one grant/award acquisition and one tax-withholding disposition for Lanford. He received 66,666 restricted shares at no purchase price and later had 12,755 shares withheld by the company to cover tax liabilities when a portion of those shares vested.

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

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Accepted by SEC EDGAR 06/18/2026 - 05:00 PM EDT Learn about SEC filing dates

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^*

Lanford Matthew Louis

(Last) (First) (Middle)

2615 ST. ROSE PARKWAY

(Street)

HENDERSON NEVADA 89052

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/13/2025

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

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

4. If Amendment, Date of Original Filed (Month/Day/Year)
05/20/2026

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	11/13/2025		A		66,666(1)	A	$0.00	247,364	D
Common Stock	05/18/2026		F(2)		12,755	D	$5.865	234,609	D

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:

1. Represents performance-based restricted stock granted on May 7, 2025, 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, May 18, 2027, and May 18, 2028, subject to the reporting person's continued service to the issuer through and on the applicable vesting date.

2. Represents shares of common stock withheld by the issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock.

	/s/ Matthew Lanford	06/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)