Paysign CTO sells 13K shares, 46K withheld

Paysign’s chief technology officer reported May–July 2026 stock sales and share withholdings to cover taxes on vesting equity awards.

Rhea-AI Filing Summary

Paysign, Inc. (PAYS) reported that Chief Technology Officer Bradley Kramer Cunningham disposed of common stock in several transactions. On May 29 and June 1, 2026, he sold a total of 13,000 shares of common stock at prices around $7.30–$7.80 per share, including sales executed in multiple trades at a weighted average price. On May 18, June 30, and July 31, 2026, a total of 46,378 shares of common stock were withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock and performance-based restricted stock.

Insider Trade Summary

Net Seller: 13,000 shares

Net Sell 5 txns

Insider Cunningham Bradley Kramer

Role Chief Technology Officer

Sold 13,000 shs ($96K)

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F3	22,430	$8.96	$201K
Tax Withholding	Common Stock F3	11,579	$8.19	$95K
Sale	Common Stock	3,000	$7.80	$23K
Sale	Common Stock F2	10,000	$7.302	$73K
Tax Withholding	Common Stock F1	12,369	$5.865	$73K

Holdings After Transaction: Common Stock — 314,622 shares (Direct)

Footnotes (3)

1. F1. Represents shares of common stock withheld by the issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock and performance-based restricted stock.
2. F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.30 to $7.31, 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.
3. F3. Represents shares of common stock withheld by the issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock.

Key Figures

Open-market shares sold: 13,000 shares Shares withheld for tax obligations: 46,378 shares Sale price on June 1, 2026: $7.80 per share +4 more

7 metrics

Open-market shares sold 13,000 shares Common stock sales on May 29 and June 1, 2026

Shares withheld for tax obligations 46,378 shares Code F dispositions on May 18, June 30, and July 31, 2026

Sale price on June 1, 2026 $7.80 per share Sale of 3,000 shares of common stock

Code F price May 18, 2026 $5.865 per share 12,369 shares withheld for tax on vesting restricted stock

Code F price June 30, 2026 $8.19 per share 11,579 shares withheld for tax on vesting restricted stock

Code F price July 31, 2026 $8.96 per share 22,430 shares withheld for tax on vesting restricted stock and performance-based restricted stock

Shares sold May 29, 2026 10,000 shares Common stock sold at a weighted average price around $7.30–$7.31

Key Terms

weighted average price, restricted stock, performance-based restricted stock, tax withholding obligations

4 terms

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.

restricted stock financial

"associated with the vesting of restricted stock and performance-based restricted stock."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

performance-based restricted stock financial

"associated with the vesting of restricted stock and performance-based restricted stock."

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

"withheld by the issuer to satisfy certain tax withholding obligations associated"

FAQ

What insider transactions did Paysign (PAYS) report for Bradley Kramer Cunningham in this Form 4?

The chief technology officer reported two open-market sales totaling 13,000 shares on May 29 and June 1, 2026, plus three dispositions totaling 46,378 shares withheld to cover tax obligations on vesting restricted stock awards.

How many Paysign (PAYS) shares did the CTO sell in the open market?

He sold 13,000 shares of Paysign common stock, consisting of 10,000 shares on May 29, 2026, at a weighted average price of about $7.30, and 3,000 shares on June 1, 2026, at $7.80 per share.

What prices were reported for the Paysign (PAYS) insider sales?

The filing reports a weighted average price of about $7.30–$7.31 per share for 10,000 shares sold on May 29, 2026, and a price of $7.80 per share for 3,000 shares sold on June 1, 2026.

Why were additional Paysign (PAYS) shares disposed of under code F in this Form 4?

Code F transactions reflect shares withheld by Paysign to satisfy tax withholding obligations related to the vesting of restricted stock and performance-based restricted stock awards held by the chief technology officer.

How many Paysign (PAYS) shares were withheld to cover tax obligations on equity awards?

A total of 46,378 shares of Paysign common stock were withheld to satisfy tax withholding obligations: 12,369 shares on May 18, 11,579 shares on June 30, and 22,430 shares on July 31, 2026.

Were the Paysign (PAYS) insider transactions made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the transactions were made under a Rule 10b5-1 or other pre-arranged trading plan.

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

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Available on EDGAR 09/04/2026 - 06:32 PM Accepted by SEC EDGAR 09/04/2026 - 06:31 PM 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^*

Cunningham Bradley Kramer

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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	05/18/2026		F(1)		12,369	D	$5.865	361,631	D
Common Stock	05/29/2026		S		10,000	D	$7.302(2)	351,631	D
Common Stock	06/01/2026		S		3,000	D	$7.8	348,631	D
Common Stock	06/30/2026		F(3)		11,579	D	$8.19	337,052	D
Common Stock	07/31/2026		F(3)		22,430	D	$8.96	314,622	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 common stock withheld by the issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock and performance-based restricted stock.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.30 to $7.31, 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.

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

	/s/ Bradley Cunningham	09/04/2026
	** 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)