---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-005468"
form_type: "8-K"
ticker: "PAYS"
cik: "0001496443"
company_name: "Paysign, Inc."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T01:58:17.580249+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Paysign board member Daniel Spence resigns; President Matt Lanford appointed

## Summary
- Daniel H. Spence, co-founder, resigned from board effective Aug 8, 2022; no disagreement with company.
- Matt Lanford, President and COO since Feb 2021, appointed to board same day, replacing Spence.
- Lanford will be a non-independent director and will not serve on any board committees.

## SEC filing metadata
- accession: 0001683168-22-005468
- form_type: 8-K
- ticker: PAYS
- cik: 0001496443
- company_name: Paysign, Inc.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1496443/000168316822005468/0001683168-22-005468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1496443/000168316822005468/paysign_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-005468
- JSON: https://secwatch.observer/filing/0001683168-22-005468.json
- Plain text: https://secwatch.observer/filing/0001683168-22-005468.txt

## Key facts
- Executive change
  Matt Lanford was appointed as director at Paysign, Inc..
  - Action: appointed
  - Role: director
  source text: the Board appointed Matt Lanford as a director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1496443/000168316822005468/0001683168-22-005468-index.htm
- Executive change
  Daniel H. Spence resigned as member of the Board of Directors at Paysign, Inc..
  - Action: resigned
  - Role: member of the Board of Directors
  source text: Mr. Daniel H. Spence resigned as a member of the Board of Directors (the “Board”) of Paysign, Inc. (the “Company”), effective August 8, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1496443/000168316822005468/0001683168-22-005468-index.htm

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