CEO stock sale: Paysign, Inc. (PAYS) chief sells 150,000 shares
Rhea-AI Filing Summary
Paysign, Inc. CEO and 10% owner Mark Newcomer reported selling 150,000 shares of Common Stock on August 6, 2026 at a weighted average price of $11.8757 per share, in multiple trades between $11.2444 and $12.4641. The sale was effected under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2025, and Newcomer continues to hold 9,163,002 shares directly after the transaction.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 150,000 shares
Net Sell
1 txn
Insider
Newcomer Mark
Role
CEO
Sold
150,000 shs ($1.78M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 150,000 | $11.8757 | $1.78M |
Holdings After Transaction:
Common Stock — 9,163,002 shares (Direct)
Footnotes (2)
- F1. Transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2025.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.2444 to $12.4641, inclusive. The reporting person undertakes to provide Paysign, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 150000.0000 shares
Weighted average price: $11.8757 per share
Sale price range: $11.2444–$12.4641 per share
+1 more
4 metrics
Shares sold
150000.0000 shares
Common Stock sale on August 6, 2026
Weighted average price
$11.8757 per share
Average sale price for the reported transaction
Sale price range
$11.2444–$12.4641 per share
Range of prices across multiple trades in the sale
Shares owned after sale
9163002.0000 shares
Direct Common Stock holdings following the transaction
Key Terms
Rule 10b5-1 trading plan, weighted average price, multiple transactions
3 terms
Rule 10b5-1 trading plan regulatory
"Transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
multiple transactions financial
"These shares were sold in multiple transactions at prices ranging"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Paysign (PAYS) disclose for CEO Mark Newcomer?
Paysign reported that CEO and 10% owner Mark Newcomer sold 150,000 shares of Common Stock on August 6, 2026. The shares were sold at a weighted average price of $11.8757 per share in multiple trades executed within a specified price range.
Was the Paysign (PAYS) insider sale made under a Rule 10b5-1 trading plan?
Yes. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Mark Newcomer on September 12, 2025. Such pre-arranged plans allow insiders to schedule trades in advance, which can reduce the informational significance of the exact trade timing.