---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-001651"
form_type: "8-K"
ticker: "PAYS"
cik: "0001496443"
company_name: "Paysign, Inc."
filed_at: "2023-03-22T23:59:59+00:00"
generated_at: "2026-06-17T21:16:42.250027+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Paysign authorizes $5M stock repurchase program, to run 36 months

## Summary
- Board authorized repurchase of up to $5,000,000 of outstanding common stock.
- Program starts immediately and is expected to be completed over 36 months.
- CEO Mark Newcomer cites confidence in operating results and growth prospects.
- Repurchases may be made in open market or private transactions under Rule 10b-18.
- Program may be suspended, terminated, or modified at any time at management's discretion.

## SEC filing metadata
- accession: 0001683168-23-001651
- form_type: 8-K
- ticker: PAYS
- cik: 0001496443
- company_name: Paysign, Inc.
- filed_at: 2023-03-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1496443/000168316823001651/0001683168-23-001651-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1496443/000168316823001651/paysign_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-001651
- JSON: https://secwatch.observer/filing/0001683168-23-001651.json
- Plain text: https://secwatch.observer/filing/0001683168-23-001651.txt

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