Comparable stake leader
Topline Capital Management, LLC
Top holders, 13D/G large-stake signals, insider positions, and transaction flow tied to CIK 0001496443.
Comparable stake leader
Topline Capital Management, LLC
Disclosed value leader
Topline Capital Management, LLC
Comparable rows
50/50
Latest evidence
31 Mar 2026
Ownership snapshot
Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.
Quick read
50 of 50 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.
Ownership % is shown only when SEC disclosures are safely comparable across share classes.
| Holder | Evidence | Ownership % | Position | 12M Net Δ | As of |
|---|---|---|---|---|---|
| Topline Capital Management, LLC |
13F
13D/G
3/4/5
Company · Other*
|
9.9%
from 13D/G
|
$27,370,460
4,639,061 shares
|
— | 31 Mar 2026 |
| Jeffery Bradford Baker |
3/4/5
Chief Financial Officer
|
1%
|
$3,894,657
541,677 shares
|
-$215,359 | 28 Feb 2026 |
| Bruce A. Mina |
3/4/5
Director
|
0.48%
|
$1,150,325
258,500 shares
|
— | 31 May 2025 |
| Dennis L. Triplett |
3/4/5
Director
|
0.46%
|
$1,112,500
250,000 shares
|
— | 31 May 2025 |
| Daniel R. Henry |
3/4/5
Director
|
0.24%
|
$644,004
129,884 shares
|
— | 16 Jun 2025 |
| Jeffrey B. Newman |
3/4/5
Director
|
0.09%
|
$222,500
50,000 shares
|
— | 31 May 2025 |
| BlackRock, Inc. |
13F
Company
|
4.4%
|
$13,874,722
2,351,648 shares
|
— | 31 Mar 2026 |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. |
13F
Company
|
3.8%
|
$12,143,439
2,058,210 shares
|
— | 31 Mar 2026 |
Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
Forms 3/4/5 flow
Net insider flow leans to selling over the last 12 months. Net value: -$2,479,841.
| Window (months) | Buy shares | Sell shares | Buy value | Sell value | Net value |
|---|---|---|---|---|---|
| 0-3 | 0 | 158,403 | $0 | $1,239,645 | -$1,239,645 |
| 3-6 | 0 | 0 | $0 | $0 | $0 |
| 6-9 | 0 | 20,000 | $0 | $109,400 | -$109,400 |
| 9-12 | 0 | 159,602 | $0 | $1,130,796 | -$1,130,796 |
Reporting owners
Showing 1-13 of 13 reporting-owner rows connected to Paysign, Inc.. Open a relationship link for the CIK-to-CIK filing trail.
| Name | Relationship | Holdings Value | Past Year Net Change | Change % | Valuation | Report Date |
|---|---|---|---|---|---|---|
| Mark Newcomer | CEO, Director, 10%+ Owner | $66,665,874 | -$440,396 | -0.66% | Mixed | 20 May 2026 |
| Topline Capital Partners, LP | 10%+ Owner | $17,289,113 | Filing P/S | 13 Jan 2025 | ||
| Topline Capital Management, LLC | Other* | $17,289,113 | Filing P/S | 13 Jan 2025 | ||
| Daniel Spence | 10%+ Owner | $10,497,410 | Mixed | 01 Mar 2025 | ||
| Joan M. Herman | EVP, Operations, Director | $5,664,131 | -$1,339,970 | -19% | Filing P/S | 26 Jun 2026 |
| Jeffery Bradford Baker | Chief Financial Officer | $3,894,657 | -$215,359 | -5.2% | Mixed | 28 Feb 2026 |
| Robert Strobo | Chief Legal Officer | $3,509,115 | -$297,304 | -7.8% | Mixed | 27 May 2026 |
| Matthew Louis Lanford | Chief Payments Officer, Director | $1,686,838 | -$186,813 | -10% | Mixed | 18 May 2026 |
| Bruce A. Mina | Director | $1,150,325 | Mixed | 31 May 2025 | ||
| Dennis L. Triplett | Director | $1,112,500 | Mixed | 31 May 2025 | ||
| Daniel R. Henry | Director | $644,004 | Filing P/S | 16 Jun 2025 | ||
| Quinn P. Williams | Director | $523,550 | Mixed | 13 Apr 2022 | ||
| Jeffrey B. Newman | Director | $222,500 | Mixed | 31 May 2025 |
Showing up to 300 recent insider transactions from the last 12 months.
| Insider | Symbol | Class | Transaction | % | SEC-reported value | SEC-reported price | Shares | Shares owned | Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|
| Joan M. Herman | PAYS | Common Stock | Sale | -12.4% | $801,140 | $8.01 | -100,000 | 707,009 | 26 Jun 2026 | Direct |
| Joan M. Herman | PAYS | Common Stock | Sale | -3.49% | $233,730 | $8.00 | -29,202 | 807,009 | 01 Jun 2026 | Direct |
| Jeffery Bradford Baker | PAYS | Common Stock | Tax liability | -7.6% | -44,541 | 541,677 | 29 May 2026 | Direct | ||
| Robert Strobo | PAYS | Common Stock | Tax liability | -7.44% | -39,235 | 488,055 | 27 May 2026 | Direct | ||
| Robert Strobo | PAYS | Common Stock | Tax liability | -9.96% | -39,235 | 354,632 | 27 May 2026 | Direct | ||
| Robert Strobo | PAYS | Common Stock | Award | 20.4% | 66,667 | 393,957 | 27 May 2026 | Direct | ||
| Joan M. Herman | PAYS | Common Stock | Sale | -2.62% | $158,038 | $7.01 | -22,534 | 836,211 | 26 May 2026 | Direct |
| Mark Newcomer | PAYS | Common Stock | Tax liability | -0.84% | -78,701 | 9,272,027 | 20 May 2026 | Direct | ||
| Mark Newcomer | PAYS | Common Stock | Tax liability | -0.87% | -78,701 | 9,005,361 | 20 May 2026 | Direct | ||
| Mark Newcomer | PAYS | Common Stock | Award | 1.49% | 133,334 | 9,084,062 | 20 May 2026 | Direct | ||
| Matthew Louis Lanford | PAYS | Common Stock | Tax liability | -5.16% | -12,755 | 234,609 | 18 May 2026 | Direct | ||
| Matthew Louis Lanford | PAYS | Common Stock | Tax liability | -6.29% | -12,755 | 190,165 | 18 May 2026 | Direct | ||
| Matthew Louis Lanford | PAYS | Common Stock | Award | 12.3% | 22,222 | 202,920 | 18 May 2026 | Direct | ||
| Joan M. Herman | PAYS | Common Stock | Tax liability | -0.71% | -6,171 | 858,745 | 13 May 2026 | Direct | ||
| Joan M. Herman | PAYS | Common Stock | Tax liability | -0.73% | -6,171 | 836,523 | 13 May 2026 | Direct | ||
| Joan M. Herman | PAYS | Common Stock | Award | 1.34% | 11,111 | 842,694 | 13 May 2026 | Direct | ||
| Joan M. Herman | PAYS | Common Stock | Sale | -0.8% | $46,737 | $7.01 | -6,667 | 831,583 | 04 May 2026 | Direct |
| Jeffery Bradford Baker | PAYS | Common Stock | Tax liability | -6.32% | -26,055 | 386,218 | 28 Feb 2026 | Direct | ||
| Jeffery Bradford Baker | PAYS | Common Stock | Options Exercise | 17% | 60,000 | 412,273 | 28 Feb 2026 | Direct | ||
| Jeffery Bradford Baker | PAYS | Stock Grant | Options Exercise | -100% | -60,000 | 0 | 28 Feb 2026 | Direct | ||
| Robert Strobo | PAYS | Common Stock | Sale | -5.76% | $109,400 | $5.47 | -20,000 | 327,290 | 12 Dec 2025 | Direct |
| Robert Strobo | PAYS | Common Stock | Award | 61.1% | 200,000 | 527,290 | 13 Nov 2025 | Direct | ||
| Jeffery Bradford Baker | PAYS | Common Stock | Award | 51.8% | 200,000 | 586,218 | 13 Nov 2025 | Direct | ||
| Mark Newcomer | PAYS | Common Stock | Award | 4.47% | 400,000 | 9,350,728 | 13 Nov 2025 | Direct | ||
| Joan M. Herman | PAYS | Common Stock | Award | 4.01% | 33,333 | 864,916 | 13 Nov 2025 | Direct | ||
| Matthew Louis Lanford | PAYS | Common Stock | Award | 36.9% | 66,666 | 247,364 | 13 Nov 2025 | Direct | ||
| Mark Newcomer | PAYS | Common Stock | Sale | -0.71% | $440,396 | $7.09 | -62,158 | 8,750,728 | 04 Aug 2025 | Direct |
| Robert Strobo | PAYS | Common Stock | Sale | -9.69% | $187,904 | $7.09 | -26,521 | 247,290 | 04 Aug 2025 | Direct |
| Joan M. Herman | PAYS | Common Stock | Sale | -1.69% | $100,325 | $7.09 | -14,160 | 821,583 | 04 Aug 2025 | Direct |
| Jeffery Bradford Baker | PAYS | Common Stock | Sale | -10.8% | $215,359 | $7.09 | -30,396 | 252,273 | 04 Aug 2025 | Direct |
| Matthew Louis Lanford | PAYS | Common Stock | Sale | -15.2% | $186,813 | $7.09 | -26,367 | 147,364 | 04 Aug 2025 | Direct |
| Mark Newcomer | PAYS | Common Stock | Options Exercise | 1.73% | 150,000 | 8,812,886 | 31 Jul 2025 | Direct | ||
| Mark Newcomer | PAYS | Stock Grant | Options Exercise | -33.3% | -150,000 | 300,000 | 31 Jul 2025 | Direct | ||
| Robert Strobo | PAYS | Common Stock | Options Exercise | 30.5% | 64,000 | 273,811 | 31 Jul 2025 | Direct | ||
| Robert Strobo | PAYS | Stock Grant | Options Exercise | -33.3% | -64,000 | 128,000 | 31 Jul 2025 | Direct | ||
| Joan M. Herman | PAYS | Common Stock | Options Exercise | 4.5% | 36,000 | 835,743 | 31 Jul 2025 | Direct | ||
| Joan M. Herman | PAYS | Stock Grant | Options Exercise | -33.3% | -36,000 | 72,000 | 31 Jul 2025 | Direct | ||
| Jeffery Bradford Baker | PAYS | Common Stock | Options Exercise | 29.3% | 64,000 | 282,669 | 31 Jul 2025 | Direct | ||
| Jeffery Bradford Baker | PAYS | Stock Grant | Options Exercise | -33.3% | -64,000 | 128,000 | 31 Jul 2025 | Direct | ||
| Matthew Louis Lanford | PAYS | Common Stock | Options Exercise | 58.3% | 64,000 | 173,731 | 31 Jul 2025 | Direct | ||
| Matthew Louis Lanford | PAYS | Stock Grant | Options Exercise | -33.3% | -64,000 | 128,000 | 31 Jul 2025 | Direct |