Paysign CEO reports stock grant and tax withholding

Paysign, Inc. CEO, director and 10% owner Mark Newcomer reported equity compensation activity dated May 20, 2026.

Rhea-AI Filing Summary

Paysign, Inc. CEO, director and 10% owner Mark Newcomer reported equity compensation activity dated May 20, 2026. He acquired 133,334 shares of common stock at no cost upon vesting of performance-based restricted stock tied to defined earnings targets, while 78,701 shares were withheld by the issuer to cover tax obligations. Following these transactions, he directly holds 9,005,361 Paysign common shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Newcomer Mark

Role CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	133,334	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	78,701	$6.15	$484K

Holdings After Transaction: Common Stock — 9,005,361 shares (Direct)

Footnotes (2)

1. F1. Represents the vesting of performance-based restricted stock vested on May 20, 2026, based upon the achievement of specific defined earnings targets.
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

Stock grant: 133,334 shares Shares withheld for taxes: 78,701 shares Tax withholding price: $6.1500 per share +1 more

4 metrics

Stock grant 133,334 shares Common stock granted to Mark Newcomer on May 20, 2026 via vesting

Shares withheld for taxes 78,701 shares Common shares withheld by the issuer to satisfy tax obligations

Tax withholding price $6.1500 per share Price associated with 78,701 shares coded as tax-withholding disposition

Post-transaction holdings 9,005,361 shares Direct Paysign common stock held by Mark Newcomer after May 20, 2026 transactions

Key Terms

performance-based restricted stock, tax withholding obligations, withheld by the issuer

3 terms

performance-based restricted stock financial

"Represents the vesting of performance-based restricted stock vested on May 20, 2026"

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.

tax withholding obligations financial

"to satisfy certain tax withholding obligations associated with the vesting of restricted stock"

withheld by the issuer financial

"Represents shares of common stock withheld by the issuer to satisfy certain tax"

FAQ

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

What insider transactions did PAYS CEO Mark Newcomer report?

Mark Newcomer reported a grant of 133,334 Paysign common shares and a related withholding of 78,701 shares for taxes, both dated May 20, 2026. These transactions reflect vesting of performance-based restricted stock rather than open-market buying or selling.

How many Paysign (PAYS) shares were granted to Mark Newcomer?

Mark Newcomer received a grant of 133,334 Paysign common shares at a reported price of $0.0000 per share. The filing explains this represents vesting of performance-based restricted stock tied to defined earnings targets, rather than a cash purchase of shares.

Why were 78,701 Paysign (PAYS) shares disposed of in this Form 4?

The Form 4 reports 78,701 Paysign shares as a disposition coded “F,” with a price of $6.1500 per share. A related disclosure states such shares were withheld by the issuer to satisfy tax withholding obligations associated with the vesting of restricted stock.

How many Paysign (PAYS) shares does Mark Newcomer hold after these transactions?

After the reported grant and tax withholding, Mark Newcomer directly holds 9,005,361 Paysign common shares. This post-transaction balance is provided as a canonical holding and reflects his direct ownership position following the May 20, 2026 equity events.

What type of equity award did PAYS grant to Mark Newcomer?

The award is described as performance-based restricted stock that vested on May 20, 2026 based on achieving specific defined earnings targets. Upon vesting, 133,334 shares were delivered and a portion of the shares was withheld to cover associated tax obligations.

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

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Accepted by SEC EDGAR 05/20/2026 - 08:52 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^*

Newcomer Mark

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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)

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	05/20/2026		A		133,334(1)	A	$0.00	9,084,062	D
Common Stock	05/20/2026		F(2)		78,701	D	$6.15	9,005,361	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 the vesting of performance-based restricted stock vested on May 20, 2026, based upon the achievement of specific defined earnings targets.

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

	/s/ Mark Newcomer	05/20/2026
	** 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)