Paysign president Matthew Turner sells $62,637 in stock

Matthew Baker Turner, the President of Paysign, Inc., sold a total of $62,637 worth of the company's common stock on February 3, 2026. The shares were sold to cover tax obligations related to the vesting of restricted stock. Additionally, on May 22, 2026, Paysign withheld 50,681 shares of common stock, valued at $340,576, for tax withholding purposes associated with the vesting of restricted and performance-based restricted stock.

Prior to these transactions, Mr. Turner acquired 233,333 shares of common stock on November 13, 2025, at a price of $0.0, representing performance-based restricted stock granted on May 7, 2025. As of the latest report, Turner directly holds 404,262 shares of Paysign common stock. Despite these transactions, the stock currently appears overvalued relative to its Fair Value estimate, according to InvestingPro analysis.