---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-016453"
form_type: "8-K"
ticker: "PAYD"
cik: "0001017655"
company_name: "PAID INC"
filed_at: "2026-05-12T20:42:11+00:00"
generated_at: "2026-05-12T20:44:39.816225+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Paid Inc. appoints freight tech veteran Lance Healy to Board of Directors

## Summary
- Lance Healy appointed to Board on May 11, 2026, filling a prior director vacancy.
- Healy brings 30+ years in LTL automation, carrier APIs, and logistics data intelligence.
- Co-Founder and CEO of Freight Facts; former President of Banyan Technology.
- Annual compensation of $10,000 plus option to purchase 20,000 shares of common stock.
- Appointment supports ShipTime's expansion across parcel, LTL, FTL, and cross-border logistics.

## SEC filing metadata
- accession: 0001437749-26-016453
- form_type: 8-K
- ticker: PAYD
- cik: 0001017655
- company_name: PAID INC
- filed_at: 2026-05-12T20:42:11+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1017655/000143774926016453/0001437749-26-016453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1017655/000143774926016453/payd20260512_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-016453
- JSON: https://secwatch.observer/filing/0001437749-26-016453.json
- Plain text: https://secwatch.observer/filing/0001437749-26-016453.txt

## Key facts
- Executive change
  Lance Healy was appointed as Director at PAID INC.
  - Action: appointed
  - Role: Director
  source text: Mr. Lance Healy has been appointed as a Director of the Company on May 11, 2026 to fill a vacancy created by the recent departure of a prior director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1017655/000143774926016453/0001437749-26-016453-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.