BlackRock, Inc. (PAYS) discloses 5.4% beneficial ownership in PaySign common stock
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of common stock of PaySign, Inc. on a Schedule 13G. BlackRock reports beneficial ownership of 3,030,447 shares of PaySign common stock, representing 5.4% of the class as of the filing.
BlackRock has sole voting power over 2,985,903 shares and sole dispositive power over 3,030,447 shares, with no shared voting or dispositive power. Various underlying persons may receive dividends or sale proceeds, but no single person has an interest in more than five percent of the outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 3,030,447 shares
Percent of class: 5.4%
Sole voting power: 2,985,903 shares
+3 more
6 metrics
Beneficially owned shares
3,030,447 shares
Amount of PaySign common stock beneficially owned by BlackRock, Inc.
Percent of class
5.4%
Portion of PaySign common stock class reported as owned by BlackRock, Inc.
Sole voting power
2,985,903 shares
Shares of PaySign common stock over which BlackRock has sole voting power
Shared voting power
0 shares
Shares of PaySign common stock over which BlackRock has shared voting power
Sole dispositive power
3,030,447 shares
Shares of PaySign common stock over which BlackRock has sole dispositive power
Shared dispositive power
0 shares
Shares of PaySign common stock over which BlackRock has shared dispositive power
Key Terms
Schedule 13G, beneficially owned, Sole Voting Power, Sole Dispositive Power, +1 more
5 terms
Schedule 13G regulatory
"BlackRock, Inc. reports beneficial ownership of common stock on a Schedule 13G."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 2,985,903.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 3,030,447.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
parent holding company regulatory
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Does any single underlying investor hold more than 5% of PAYSIGN, INC. (PAYS) through BlackRock?
No single underlying investor holds more than 5% of PAYSIGN, INC. through BlackRock. The filing notes various persons may receive dividends or sale proceeds, but none has an interest exceeding five percent of the outstanding common stock.
What type of filing did BlackRock, Inc. submit in relation to PAYSIGN, INC. (PAYS)?
BlackRock, Inc. submitted a Schedule 13G reporting its beneficial ownership in PAYSIGN, INC. This form is used for passive holdings exceeding 5% of a class of a company’s registered equity securities.
Who signed the Schedule 13G for BlackRock, Inc. regarding PAYSIGN, INC. (PAYS)?
The Schedule 13G was signed by Spencer Fleming, identified as a Managing Director of BlackRock, Inc. The signature is supported by a Power of Attorney referenced as Exhibit 24.