[Form 4] Paysign, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Paysign, Inc. insider Robert Strobo acquired 100,000 shares of restricted common stock on 05/07/2025 at a reported price of $0.00, increasing his beneficial ownership to 347,290 shares. The shares are restricted and will vest in three equal installments: one-third on May 27, 2026, one-third on May 24, 2027, and the final third on May 26, 2028, subject to Strobo's continued service to the company through each vesting date.

The Form 4 was signed by Robert Strobo on 09/26/2025 and identifies his role as Chief Legal Officer and as an officer reporting person. No derivative transactions, dispositions, exercise prices, or additional cash consideration are reported in this filing.

Positive

• Insider acquisition: Robert Strobo was granted 100,000 restricted shares, demonstrating management alignment with equity ownership.
• Clear vesting schedule: Shares vest one-third annually on specified dates in 2026, 2027, and 2028, supporting retention incentives.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider received 100,000 restricted shares that vest over three years, modestly increasing his stake to 347,290 shares.

The transaction is a non-cash grant of restricted common stock reported under Section 16. The award vests 1/3 annually across 2026-2028 contingent on continued service, indicating a retention-focused compensation element. The filing shows no sales or option exercises that would signal monetization. For investors, this is a standard executive equity grant; the filing does not disclose valuation beyond a $0.00 reported price, which reflects the nature of restricted stock grants rather than an open-market purchase.

Corporate Governance Expert

TL;DR: The chief legal officer's restricted-share grant aligns executive incentives with shareholder interests through multi-year vesting.

This Form 4 documents a time-based equity award with clearly defined vesting dates, a common governance practice to promote retention and alignment. The increase to 347,290 shares is explicitly quantified and the vesting schedule is specified. The filing does not include performance conditions or accelerated vesting clauses, and it lacks details on grant rationale or board approval language, so assessment is limited to the disclosed mechanics of the award.

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
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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).

1. Name and Address of Reporting Person^*

Strobo Robert

(Last) (First) (Middle)

2615 ST. ROSE PARKWAY

(Street)

HENDERSON NV 89052

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2025

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

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 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	05/07/2025		A		100,000(1)	A	$0.0000	347,290	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 shares of restricted stock that will vest as to 1/3 of the shares on each of May 27, 2026, May 24, 2027 and May 26, 2028, subject to the reporting person's continued service to the issuer through and on the applicable vesting date.

	/s/ Robert Strobo	09/26/2025
	** 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.

FAQ

What did Paysign (PAYS) insider Robert Strobo acquire?

Robert Strobo was granted 100,000 restricted shares of Paysign common stock on 05/07/2025 at a reported price of $0.00.

How many Paysign shares does Robert Strobo beneficially own after the grant?

Following the reported transaction, Strobo beneficially owns 347,290 shares of Paysign common stock.

What is the vesting schedule for the restricted shares reported on the Form 4?

The restricted shares vest in three equal installments: 1/3 on May 27, 2026, 1/3 on May 24, 2027, and 1/3 on May 26, 2028, subject to continued service.

Does the Form 4 report any sales or option exercises by Robert Strobo?

No. The filing reports only the acquisition of restricted common stock; there are no reported dispositions, option exercises, or derivative transactions.

When was the Form 4 signed by the reporting person?

The Form 4 is signed by Robert Strobo on 09/26/2025 as indicated on the filing.