Paysign Inc. (PAYS) Insider Trading

Last 12 months

Insiders sold $8.26M and bought nothing on the open market.

68% of the selling was scheduled in advance under 10b5-1 plans. Chief Innovation Officer Michael C Ngo sold $1.92M on Sep 9, 5.1% of their stake, outside a plan. The last open-market buy by an executive or director was in Jun 2025.

Net open-market

−$8.26M

0 buys · 15 sales

Under a 10b5-1 plan

68%

of the value sold

Insiders who bought / sold

0 / 8

executives and directors

Last open-market buy

Jun 2025

Jun 16, 2025

Get an email when PAYS's executives or directors buy, or make a large sale outside a plan.

Trades · last 2 years

Date	Insider	Trade	Shares	Price	Value	Of their stake	Filing
Oct 9	Mark Newcomer CEO	Sold10b5-1 plan	50,000	$15.34	$767k	0.5%	Form 4
Sep 15 – 16	Joan M Herman EVP, Operations	Sold10b5-1 plan 2 parts	59,904	$11.96 average	$717k	8.9%	Form 4
Sep 8 – 9	Michael C Ngo Chief Innovation Officer	SoldNo plan 2 parts	150,000	$12.79 average	$1.92M	5.1%	Form 4
Aug 12	Jeffery Bradford Baker Chief Financial Officer	SoldNo plan	35,000	$12.62	$442k	6.1%	Form 4
Aug 6	Mark Newcomer CEO	Sold10b5-1 plan	150,000	$11.88	$1.78M	1.6%	Form 4
Jul 29	Mark Newcomer CEO	Sold10b5-1 plan	50,000	$9.38	$469k	0.5%	Form 4
Jul 15 – 16	Joan M Herman EVP, Operations	Sold10b5-1 plan 2 parts	59,904	$8.64 average	$518k	8.5%	Form 4
Jun 26	Joan M Herman EVP, Operations	Sold10b5-1 plan	100,000	$8.01	$801k	12%	Form 4
Jun 1 – 11	Bruce A Mina Director	SoldNo plan 2 parts	20,000	$7.10 average	$142k	7.2%	Form 4
May 29 – Jun 1	Bradley Kramer Cunningham Chief Technology Officer	SoldNo plan 2 parts	13,000	$7.42 average	$96k	4.0%	Form 4
Jun 1	Joan M Herman EVP, Operations	Sold10b5-1 plan	29,202	$8.00	$234k	3.5%	Form 4
May 26	Joan M Herman EVP, Operations	Sold10b5-1 plan	22,534	$7.01	$158k	2.6%	Form 4
May 4	Joan M Herman EVP, Operations	Sold10b5-1 plan	6,667	$7.01	$47k	0.8%	Form 4
Feb 3	Matthew Baker Turner PRES., PATIENT AFFORDABILITY	SoldNo plan	15,057	$4.16	$63k	3.6%	Form 4
Dec 12, 2025	Robert Strobo Chief Legal Officer	Sold10b5-1 plan	20,000	$5.47	$109k	5.8%	Form 4
Aug 4, 2025	Mark Newcomer CEO	SoldNo plan	62,158	$7.09	$441k	0.7%	Form 4
Aug 4, 2025	Robert Strobo Chief Legal Officer	SoldNo plan	26,521	$7.09	$188k	9.7%	Form 4
Aug 4, 2025	Joan M Herman EVP, Operations	SoldNo plan	14,160	$7.09	$100k	1.7%	Form 4
Aug 4, 2025	Jeffery Bradford Baker Chief Financial Officer	SoldNo plan	30,396	$7.09	$216k	11%	Form 4
Aug 4, 2025	Matthew Louis Lanford Chief Payments Officer	SoldNo plan	26,367	$7.09	$187k	15%	Form 4
Jun 16, 2025	Daniel R Henry Director	Bought	10,084	$4.96	$50k	8.4%	Form 4
Jun 10, 2025 – Jun 11, 2025	Mark Newcomer CEO	Sold10b5-1 plan 2 parts	39,500	$5.00 average	$198k	0.5%	Form 4
Jun 5, 2025 – Jun 9, 2025	Mark Newcomer CEO	Sold10b5-1 plan 2 parts	66,193	$4.86 average	$322k	0.8%	Form 4
May 29, 2025 – Jun 2, 2025	Mark Newcomer CEO	Sold10b5-1 plan 2 parts	168,307	$4.51 average	$759k	1.9%	Form 4
May 14, 2025	Daniel R Henry Director	Bought	19,800	$3.42	$68k	25%	Form 4
Mar 3, 2025	Jeffery Bradford Baker Chief Financial Officer	SoldNo plan	28,396	$2.44	$69k	11%	Form 4
Feb 24, 2025	Mark Newcomer CEO	Sold10b5-1 plan	100,000	$2.73	$273k	1.1%	Form 4
Jan 21, 2025 – Jan 23, 2025	Mark Newcomer CEO	Sold10b5-1 plan 3 parts	100,000	$2.88 average	$288k	1.1%	Form 4
Jan 13, 2025 – Jan 14, 2025	Topline Capital Management, LLC Large holder	SoldNo plan 2 parts	274,982	$3.14 average	$863k	4.9%	Form 4
Jan 13, 2025 – Jan 14, 2025	Topline Capital Partners, LP Large holder	SoldNo plan 2 parts	274,982	$3.14 average	$863k	4.9%	Form 4
Dec 27, 2024 – Dec 31, 2024	Topline Capital Management, LLC Large holder	SoldNo plan 3 parts	479,105	$3.18 average	$1.53M	7.9%	Form 4
Dec 27, 2024 – Dec 31, 2024	Topline Capital Partners, LP Large holder	SoldNo plan 3 parts	479,105	$3.18 average	$1.53M	7.9%	Form 4
Dec 9, 2024 – Dec 10, 2024	Mark Newcomer CEO	Sold10b5-1 plan 3 parts	100,000	$3.24 average	$324k	1.1%	Form 4
Nov 18, 2024 – Nov 20, 2024	Mark Newcomer CEO	Sold10b5-1 plan 3 parts	100,000	$3.25 average	$325k	1.1%	Form 4
Nov 8, 2024	Matthew Louis Lanford Chief Payments Officer	SoldNo plan	25,360	$3.96	$100k	19%	Form 4

Oct 910b5-1 plan
Mark Newcomer
CEO · sold 50,000 at $15.34
$767k
0.5% of stake
Sep 15 – 1610b5-1 plan
Joan M Herman
EVP, Operations · sold 59,904 at avg $11.96
$717k
8.9% of stake
Sep 8 – 9No plan
Michael C Ngo
Chief Innovation Officer · sold 150,000 at avg $12.79
$1.92M
5.1% of stake
Aug 12No plan
Jeffery Bradford Baker
Chief Financial Officer · sold 35,000 at $12.62
$442k
6.1% of stake
Aug 610b5-1 plan
Mark Newcomer
CEO · sold 150,000 at $11.88
$1.78M
1.6% of stake
Jul 2910b5-1 plan
Mark Newcomer
CEO · sold 50,000 at $9.38
$469k
0.5% of stake
Jul 15 – 1610b5-1 plan
Joan M Herman
EVP, Operations · sold 59,904 at avg $8.64
$518k
8.5% of stake
Jun 2610b5-1 plan
Joan M Herman
EVP, Operations · sold 100,000 at $8.01
$801k
12% of stake
Jun 1 – 11No plan
Bruce A Mina
Director · sold 20,000 at avg $7.10
$142k
7.2% of stake
May 29 – Jun 1No plan
Bradley Kramer Cunningham
Chief Technology Officer · sold 13,000 at avg $7.42
$96k
4.0% of stake
Jun 110b5-1 plan
Joan M Herman
EVP, Operations · sold 29,202 at $8.00
$234k
3.5% of stake
May 2610b5-1 plan
Joan M Herman
EVP, Operations · sold 22,534 at $7.01
$158k
2.6% of stake
May 410b5-1 plan
Joan M Herman
EVP, Operations · sold 6,667 at $7.01
$47k
0.8% of stake
Feb 3No plan
Matthew Baker Turner
PRES., PATIENT AFFORDABILITY · sold 15,057 at $4.16
$63k
3.6% of stake
Dec 12, 202510b5-1 plan
Robert Strobo
Chief Legal Officer · sold 20,000 at $5.47
$109k
5.8% of stake
Aug 4, 2025No plan
Mark Newcomer
CEO · sold 62,158 at $7.09
$441k
0.7% of stake
Aug 4, 2025No plan
Robert Strobo
Chief Legal Officer · sold 26,521 at $7.09
$188k
9.7% of stake
Aug 4, 2025No plan
Joan M Herman
EVP, Operations · sold 14,160 at $7.09
$100k
1.7% of stake
Aug 4, 2025No plan
Jeffery Bradford Baker
Chief Financial Officer · sold 30,396 at $7.09
$216k
11% of stake
Aug 4, 2025No plan
Matthew Louis Lanford
Chief Payments Officer · sold 26,367 at $7.09
$187k
15% of stake
Jun 16, 2025
Daniel R Henry
Director · bought 10,084 at $4.96
$50k
8.4% of stake
Jun 10, 2025 – Jun 11, 202510b5-1 plan
Mark Newcomer
CEO · sold 39,500 at avg $5.00
$198k
0.5% of stake
Jun 5, 2025 – Jun 9, 202510b5-1 plan
Mark Newcomer
CEO · sold 66,193 at avg $4.86
$322k
0.8% of stake
May 29, 2025 – Jun 2, 202510b5-1 plan
Mark Newcomer
CEO · sold 168,307 at avg $4.51
$759k
1.9% of stake
May 14, 2025
Daniel R Henry
Director · bought 19,800 at $3.42
$68k
25% of stake
Mar 3, 2025No plan
Jeffery Bradford Baker
Chief Financial Officer · sold 28,396 at $2.44
$69k
11% of stake
Feb 24, 202510b5-1 plan
Mark Newcomer
CEO · sold 100,000 at $2.73
$273k
1.1% of stake
Jan 21, 2025 – Jan 23, 202510b5-1 plan
Mark Newcomer
CEO · sold 100,000 at avg $2.88
$288k
1.1% of stake
Jan 13, 2025 – Jan 14, 2025No plan
Topline Capital Management, LLC
Large holder · sold 274,982 at avg $3.14
$863k
4.9% of stake
Jan 13, 2025 – Jan 14, 2025No plan
Topline Capital Partners, LP
Large holder · sold 274,982 at avg $3.14
$863k
4.9% of stake
Dec 27, 2024 – Dec 31, 2024No plan
Topline Capital Management, LLC
Large holder · sold 479,105 at avg $3.18
$1.53M
7.9% of stake
Dec 27, 2024 – Dec 31, 2024No plan
Topline Capital Partners, LP
Large holder · sold 479,105 at avg $3.18
$1.53M
7.9% of stake
Dec 9, 2024 – Dec 10, 202410b5-1 plan
Mark Newcomer
CEO · sold 100,000 at avg $3.24
$324k
1.1% of stake
Nov 18, 2024 – Nov 20, 202410b5-1 plan
Mark Newcomer
CEO · sold 100,000 at avg $3.25
$325k
1.1% of stake
Nov 8, 2024No plan
Matthew Louis Lanford
Chief Payments Officer · sold 25,360 at $3.96
$100k
19% of stake

How to read this. Insiders sell for many reasons: taxes, diversifying, a house. Open-market buys are rarer and say more. A 10b5-1 plan is a trading schedule set up months in advance, so those sales were not timed on news. Large holders (funds and 10% owners) are listed under Everything but not counted as insiders. If you own or watch PAYS, we send a push when an executive buys or makes a large sale outside a plan.

Source: SEC Form 4 filings, filed within two business days of each trade and checked for new ones every hour.

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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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