secwatch.observer — SEC 8-K summary
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Issuer:     PAID INC (PAYD)
CIK:        0001017655
Form:       8-K
Filed at:   2026-05-12T20:42:11+00:00
Accession:  0001437749-26-016453
Event type: leadership
Sentiment:  positive
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1017655/000143774926016453/0001437749-26-016453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1017655/000143774926016453/payd20260512_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-016453

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer