Paysign (PAYS) awards director Dennis Triplett 20,000-share stock grant
Rhea-AI Filing Summary
Triplett Dennis L reported acquisition or exercise transactions in this Form 4 filing.
Paysign, Inc. director Dennis L. Triplett reported a compensation-related equity award. On May 8, 2026, he received a grant of 20,000 shares of Common Stock, with these shares scheduled to vest on May 8, 2027. Following this award, his directly held Common Stock position is 270,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
1 txn
Insider
Triplett Dennis L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 20,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 270,000 shares (Direct)
Footnotes (1)
- F1. On May 08, 2026, the reporting person received a grant of 20,000 shares of common stock vesting on May 08, 2027.
Key Figures
Stock grant: 20,000 shares
Holdings after transaction: 270,000 shares
Vesting date: May 8, 2027
+1 more
4 metrics
Stock grant
20,000 shares
Common Stock awarded to Dennis L. Triplett on May 8, 2026
Holdings after transaction
270,000 shares
Directly held Paysign Common Stock following the grant
Vesting date
May 8, 2027
Vesting date for the 20,000-share Common Stock grant
Grant price per share
$0.00
Reported per-share value for the stock grant (compensation award)
Key Terms
grant of 20,000 shares, vesting, Common Stock, transaction code "A"
4 terms
vesting financial
"shares of common stock vesting on May 08, 2027"
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.
Common Stock financial
"received a grant of 20,000 shares of common stock vesting"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "A" financial
"transaction code "A" indicates a grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Paysign (PAYS) director Dennis L. Triplett report in this Form 4?
Dennis L. Triplett reported a grant of 20,000 shares of Paysign Common Stock on May 8, 2026. The award is compensation-related and increases his directly held position to 270,000 shares after the transaction.
Was the Paysign (PAYS) stock grant to Dennis L. Triplett a market purchase?
No. The filing shows the transaction code “A”, indicating a grant, award, or other acquisition, with a reported per-share price of $0.00, rather than an open-market purchase.
Is Dennis L. Triplett a director or officer of Paysign (PAYS) in this filing?
Dennis L. Triplett is identified as a director of Paysign, Inc. in this Form 4. He is not listed as an officer and is not marked as a ten percent owner in the reported information.