Paysign (PAYS) CLO details 64,000-share vesting and tax withholding

Q: How many Paysign (PAYS) shares were withheld for taxes in this Form 4?

The filing shows 25,184 shares of Paysign common stock were withheld by the issuer to satisfy tax withholding obligations. These shares relate to the vesting of restricted stock on July 31, 2026 and were valued at $8.96 per share.

Q: What is the vesting schedule for Robert Strobo’s Paysign (PAYS) restricted stock?

The restricted stock vests in five equal annual installments . One-fifth vests on each anniversary of the July 31, 2022 vesting commencement date, with the award becoming fully vested on July 31, 2027 , according to the footnote in the report.

Q: Did the Paysign (PAYS) Form 4 indicate use of a Rule 10b5-1 trading plan?

The report’s Rule 10b5-1 checkbox was not marked, so it does not state that the transactions occurred under a pre-arranged trading plan. The activity appears tied to scheduled restricted stock vesting and associated tax withholding.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Paysign, Inc. Chief Legal Officer Robert Strobo reported the vesting and conversion of 64,000 shares of restricted stock into common stock on July 31, 2026. The award vests in five equal annual installments from July 31, 2022 to July 31, 2027. To cover tax obligations from this vesting, 25,184 shares of common stock were withheld by the issuer at $8.96 per share.

Insider Trade Summary

Net Buyer: 38,816 shares

Net Buy 3 txns

Insider Strobo Robert

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise	Stock Grant ^F1	64,000	$0.00	$0.00
Exercise	Common Stock ^F1	64,000	$0.00	$0.00
Tax Withholding	Common Stock ^F2	25,184	$8.96	$226K

Holdings After Transaction: Stock Grant — 64,000 shares (Direct); Common Stock — 526,871 shares (Direct)

Footnotes (2)

F1. One-fifth of the restricted stock shall vest annually on each anniversary of the July 31, 2022 vesting commencement date until fully vested on July 31, 2027.
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

Restricted shares vested and converted: 64,000 shares Shares withheld for taxes: 25,184 shares Tax withholding price: $8.96 per share +2 more

5 metrics

Restricted shares vested and converted 64,000 shares Restricted stock converted into common stock on July 31, 2026

Shares withheld for taxes 25,184 shares Common shares withheld to satisfy tax obligations on July 31, 2026

Tax withholding price $8.96 per share Price used to value common shares withheld for tax liability

Vesting commencement date July 31, 2022 Start of five-year restricted stock vesting schedule

Full vesting date July 31, 2027 Restricted stock becomes fully vested on this date

Key Terms

restricted stock, vest annually, withheld by the issuer, tax withholding obligations

4 terms

restricted stock financial

"One-fifth of the restricted stock shall vest annually"

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.

vest annually financial

"shall vest annually on each anniversary of the July 31, 2022"

withheld by the issuer financial

"Represents shares of common stock withheld by the issuer"

tax withholding obligations financial

"to satisfy certain tax withholding obligations associated with the vesting"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 08:00 PM Accepted by SEC EDGAR 08/04/2026 - 08:00 PM

FAQ

What insider equity activity did Paysign (PAYS) report for Robert Strobo?

Paysign reported that Chief Legal Officer Robert Strobo had 64,000 shares of restricted stock vest and convert into common stock on July 31, 2026. This transaction reflects a scheduled vesting under a multi-year restricted stock award.

How many Paysign (PAYS) shares were withheld for taxes in this Form 4?

The filing shows 25,184 shares of Paysign common stock were withheld by the issuer to satisfy tax withholding obligations. These shares relate to the vesting of restricted stock on July 31, 2026 and were valued at $8.96 per share.

What is the vesting schedule for Robert Strobo’s Paysign (PAYS) restricted stock?

The restricted stock vests in five equal annual installments. One-fifth vests on each anniversary of the July 31, 2022 vesting commencement date, with the award becoming fully vested on July 31, 2027, according to the footnote in the report.

Did the Paysign (PAYS) Form 4 indicate use of a Rule 10b5-1 trading plan?

The report’s Rule 10b5-1 checkbox was not marked, so it does not state that the transactions occurred under a pre-arranged trading plan. The activity appears tied to scheduled restricted stock vesting and associated tax withholding.

What transaction codes were used in the Paysign (PAYS) Form 4 for Robert Strobo?

The filing uses code M for the exercise or conversion of a derivative security related to restricted stock vesting, and code F for the payment of tax liability by withholding shares of common stock associated with that vesting event.

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^*

Strobo Robert

(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 Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/31/2026		M		64,000⁽¹⁾	A	$0.00	552,055	D
Common Stock	07/31/2026		F⁽²⁾		25,184	D	$8.96⁽²⁾	526,871	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Grant	⁽¹⁾	07/31/2026		M			64,000	⁽¹⁾	07/31/2027	Common stock	64,000	$0.00	64,000	D

Explanation of Responses:

1. One-fifth of the restricted stock shall vest annually on each anniversary of the July 31, 2022 vesting commencement date until fully vested on July 31, 2027.

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

	/s/ Robert Strobo	08/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR