Last updated: 6 August 2024 at 9:18pm EST

Joan Herman Net Worth




The estimated Net Worth of Joan M Herman is at least $3.88 Million dollars as of 5 August 2024. Ms. Herman owns over 15,854 units of PaySign stock worth over $3,382,913 and over the last 5 years she sold PAYS stock worth over $89,399. In addition, she makes $407,700 as Chief Operating Officer and Director at PaySign.

Ms. Herman PAYS stock SEC Form 4 insiders trading

Joan has made over 6 trades of the PaySign stock since 2021, according to the Form 4 filled with the SEC. Most recently she sold 15,854 units of PAYS stock worth $71,977 on 5 August 2024.

The largest trade she's ever made was exercising 200,000 units of PaySign stock on 3 September 2021 worth over $492,000. On average, Joan trades about 32,925 units every 119 days since 2019. As of 5 August 2024 she still owns at least 799,743 units of PaySign stock.

You can see the complete history of Ms. Herman stock trades at the bottom of the page.





Joan Herman biography

Joan M. Herman serves as Chief Operating Officer, Director of the Company. Ms. Herman serves as our Chief Operating Officer since September 2017and director since November 2018. Ms. Herman‘s experience in payments spans more than 30 years, holding various management positions in operations, product development, and sales and marketing on both the issuing and acquiring sides of the card business. Ms. Herman’s previous employers and directorships include Sunrise Bank from June 2012 to August 2017, UMB Bank from 2010 to 2012 and Heartland Bank from 2006 to 2010, and served as a Director at Heartland Payment Systems from 1997 to 2006. Ms. Herman is a member of the Board of Directors of the National Branded Prepaid Card Association (NBPCA) and serves as its Treasurer. Ms. Herman earned her B.A. and M.A. in business and marketing from Webster University, St. Louis, Missouri.

What is the salary of Joan Herman?

As the Chief Operating Officer and Director of PaySign, the total compensation of Joan Herman at PaySign is $407,700. There are 6 executives at PaySign getting paid more, with Mark Newcomer having the highest compensation of $1,031,970.



How old is Joan Herman?

Joan Herman is 63, she's been the Chief Operating Officer and Director of PaySign since 2018. There are 4 older and 10 younger executives at PaySign. The oldest executive at PaySign, Inc. is Bruce Mina, 73, who is the Independent Director.

What's Joan Herman's mailing address?

Joan's mailing address filed with the SEC is Saint Rose Parkway, Henderson, Clark County, Nevada, 89052, United States.

Insiders trading at PaySign

Over the last 5 years, insiders at PaySign have traded over $5,876,461 worth of PaySign stock and bought 1,608,946 units worth $4,766,335 . The most active insiders traders include Capital Management, Llc Mc ..., Capital Partners, Lp Topline, and Daniel R Henry. On average, PaySign executives and independent directors trade stock every 24 days with the average trade being worth of $257,349. The most recent stock trade was executed by Robert Strobo on 5 August 2024, trading 29,690 units of PAYS stock currently worth $134,793.



What does PaySign 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.



What does PaySign's logo look like?

PaySign, Inc. logo

Complete history of Ms. Herman stock trades at PaySign

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
5 Aug 2024 Joan M Herman
EVP and Operations
Sale 15,854 $4.54 $71,977
5 Aug 2024
799,743
31 Jul 2024 Joan M Herman
EVP and Operations
Option 36,000 $5.33 $191,880
31 Jul 2024
815,597
3 Aug 2023 Joan M Herman
EVP and Operations
Sale 5,524 $1.79 $9,888
3 Aug 2023
779,597
31 Jul 2023 Joan M Herman
EVP and Operations
Option 36,000 $1.92 $69,120
31 Jul 2023
793,668
9 Sep 2021 Joan M Herman
EVP and Operations
Sale 2,943 $2.56 $7,534
9 Sep 2021
757,668
3 Sep 2021 Joan M Herman
EVP and Operations
Option 200,000 $2.46 $492,000
3 Sep 2021
836,615


PaySign executives and stock owners

PaySign executives and other stock owners filed with the SEC include: