Mark Newcomer - Oct 21, 2024 Form 4 Insider Report for Paysign, Inc. (PAYS)

Role
CEO, Director, 10%+ Owner
Signature
/s/ Mark Newcomer
Stock symbol
PAYS
Transactions as of
Oct 21, 2024
Transactions value $
-$371,108
Form type
4
Date filed
10/23/2024, 09:00 PM
Previous filing
Sep 26, 2024
Next filing
Nov 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYS Common Stock Sale -$82.5K -22K -0.23% $3.75 9.41M Oct 21, 2024 Direct F1, F2
transaction PAYS Common Stock Sale -$157K -42K -0.45% $3.73 9.37M Oct 22, 2024 Direct F1, F3
transaction PAYS Common Stock Sale -$132K -36K -0.38% $3.66 9.34M Oct 23, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2024.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.7301 to $3.7601, inclusive. The reporting person undertakes to provide to 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.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.7201 to $3.7401, inclusive. The reporting person undertakes to provide to 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.