Paysign CFO Jeffery Baker sells shares worth $69,402

Published 05/03/2025, 22:04
Paysign CFO Jeffery Baker sells shares worth $69,402

Henderson, NV – Jeffery Bradford Baker, the Chief Financial Officer of Paysign, Inc. (NASDAQ:PAYS), a $134 million market cap fintech company, recently executed a series of stock transactions, according to a Form 4 filing with the Securities and Exchange Commission. The transactions come amid a challenging period for the stock, which has declined over 45% in the past six months.

On February 28, 2025, Baker acquired 60,000 shares of common stock at no cost, as part of a stock grant that is set to fully vest by February 28, 2026. Following this transaction, Baker’s total direct ownership stood at 247,065 shares.

Subsequently, on March 3, 2025, Baker sold 28,396 shares of Paysign common stock at a weighted average price of $2.4441 per share, amounting to a total sale value of approximately $69,402. This sale was conducted to satisfy tax withholding obligations tied to the vesting of restricted stock. After this transaction, Baker’s direct ownership was reduced to 218,669 shares.

These transactions reflect routine financial management practices by executives and are disclosed to maintain transparency with the company’s investors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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