Paysign CTO Bradley Cunningham sells $96,420 in company stock

Paysign Inc. (NASDAQ: PAYS) recently reported that its Chief Technology Officer, Bradley Kramer Cunningham, sold a total of 16,000 shares of the company's common stock during May and June 2026. The transactions, disclosed in a Securities and Exchange Commission filing dated September 4, 2026, took place at prices ranging from $7.30 to $7.80 per share, with the majority occurring at $7.30 and $7.80.

Initially, Cunningham sold 10,000 shares on May 29, 2026, for $96,420, which were sold in multiple transactions at prices between $7.30 and $7.31. Subsequently, he sold an additional 3,000 shares on June 1, 2026, at $7.80 each. Additionally, 12,369 shares were withheld by Paysign on May 18, 2026, to cover tax obligations related to the vesting of restricted stock, amounting to $72,544.

Further tax-related dispositions totaling $295,804 occurred on June 30 and July 31, 2026, involving the sale of 34,009 shares at prices between $8.19 and $8.96. As a result of these transactions, Cunningham now directly owns 314,622 shares of Paysign common stock. This sale came at a time when Paysign's stock was trading at $13.45, significantly above the range of prices at which Cunningham's transactions occurred.

The stock's performance since then has been impressive, delivering a 156% return over the past year and a 249% gain over the last six months, despite InvestingPro data suggesting the stock is currently overvalued relative to its fundamentals.