Mark R. Newcomer
Net Worth

Last updated:

What is Mark R. Newcomer net worth?

The estimated net worth of Mr. Mark R. Newcomer is at least $62,034,427 as of 10 Dec 2024. He owns shares worth $47,968,652 as insider, has earned $8,221,775 from insider trading and has received compensation worth at least $5,844,000 in PaySign, Inc..

What is the salary of Mark R. Newcomer?

Mr. Mark R. Newcomer salary is $974,000 per year as Co-Founder, Vice-Chairman & Chief Executive Officer in PaySign, Inc..

How old is Mark R. Newcomer?

Mr. Mark R. Newcomer is 60 years old, born in 1965.

What stocks does Mark R. Newcomer currently own?

As insider, Mr. Mark R. Newcomer owns shares in one company:

Company Title Shares Price per share Total value
PaySign, Inc. (PAYS) Co-Founder, Vice-Chairman & Chief Executive Officer 9,136,886 $5.25 $47,968,652

What does PaySign, Inc. do?

PaySign, Inc. provides prepaid card products and processing services under the PaySign brand for corporate, consumer, and government applications. It offers various services, such as transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service through PaySign, a proprietary card-processing platform. The company also develops prepaid card programs for corporate incentive and rewards, including consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments, and pharmaceutical payment assistance; and payroll or general purpose reloadable cards, as well as gift or incentive cards. In addition, it offers and Per Diem/Corporate Expense Payments that allows businesses, and non–profits and government agencies the ability to control employee spending while reducing administration costs by eliminating the need for traditional expense reports. Further, the company provides payment claims processing and other administrative services; pharmacy-based voucher and copay, and medical claims and debit-based affordability programs; PaySign Premier, a demand deposit account debit card; and payment solution for source plasma collection centers, as well as customer service center and PaySign Communications Suite services. Its principal target markets for processing services comprise prepaid card issuers, retail and private-label issuers, small third-party processors, and small and mid-size financial institutions in the United States and Mexico. The company was formerly known as 3PEA International, Inc. and changed its name to PaySign, Inc. in April 2019. PaySign, Inc. was incorporated in 1995 and is based in Henderson, Nevada.

Mark R. Newcomer insider trading

PaySign, Inc.

Mr. Mark R. Newcomer has made 24 insider trades between 2019-2024, according to the Form 4 filled with the SEC. Most recently he sold 31,000 units of PAYS stock worth $97,867 on 10 Dec 2024.

The largest trade he's ever made was exercising 200,000 units of PAYS stock on 16 Sep 2019. As of 10 Dec 2024 he still owns at least 9,136,886 units of PAYS stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 31,000 $3.16 $97,867
Sale
Common Stock 28,000 $3.22 $90,188
Sale
Common Stock 41,000 $3.31 $135,628
Sale
Common Stock 25,000 $3.27 $81,750
Sale
Common Stock 35,000 $3.26 $113,995
Sale
Common Stock 40,000 $3.24 $129,640
Sale
Common Stock 36,000 $3.66 $131,760
Sale
Common Stock 42,000 $3.73 $156,786
Sale
Common Stock 22,000 $3.75 $82,544
Sale
Common Stock 50,000 $4.18 $209,050
Sale
Common Stock 50,000 $4.25 $212,350
Sale
Common Stock 9,000 $4.51 $40,572
Sale
Common Stock 1,500 $4.5 $6,750
Sale
Common Stock 1,500 $4.5 $6,750
Sale
Common Stock 69,593 $4.54 $316,022
Option
Common Stock 150,000 N/A N/A
Option
Stock Grant 150,000 N/A N/A
Sale
Common Stock 7,152 $1.84 $13,145
Sale
Common Stock 17,475 $1.77 $30,878
Sale
Common Stock 17,793 $1.82 $32,294
Option
Stock Grant 100,000 N/A N/A
Sale
Common Stock 2,462 $2,532 $6,233,784
Sale
Common Stock 38,828 $2.58 $100,021
Option
Common Stock 100,000 $2.7 $270,000
Sale
Common Stock 494 N/A N/A
Sale
Common Stock 39,455 N/A N/A
Option
Stock Grant 100,000 N/A N/A
Option
Common Stock 100,000 N/A N/A
Sale
Common Stock 200,000 N/A N/A
Sale
Common Stock 35,000 N/A N/A

PaySign key executives

PaySign, Inc. executives and other stock owners filed with the SEC: