Routine board appointment with no immediate trading implications. Monitor for any future strategic moves in freight technology that Healy's expertise might influence, but no near-term catalyst.
Price Chart
Executive Summary
Paid Inc. appointed freight technology veteran Lance Healy to its Board of Directors on May 11, 2026, filling a vacancy left by a prior director's departure. Healy brings 30 years of experience in LTL automation and logistics technology, and will receive $10,000 per year plus an annual option to purchase 20,000 shares. This is a routine board appointment with no material financial impact.
Key Facts
- Lance Healy appointed as Class I Director on May 11, 2026
- Healy is Co-Founder and CEO of Freight Facts and former President of Banyan Technology
- Annual compensation: $10,000 plus option to purchase 20,000 shares of common stock annually
- Healy will serve through April 17, 2029 or until successor elected
- No arrangements or understandings with any other person regarding his selection
- Healy is not related to any other director or executive officer
Financial Impact
Director compensation of $10,000 per year plus 20,000 share options annually — immaterial relative to company operations
Risk Factors
- No material risks identified from this filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-016453 |
| Exhibit: ex_961243.htm | 0001437749-26-016453 |
| Document: 0001437749-26-016453-index-headers.html | 0001437749-26-016453 |
| Document: 0001437749-26-016453-index.html | 0001437749-26-016453 |
| Document: 0001437749-26-016453.txt | 0001437749-26-016453 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 7w ago | 8-K | $2.39 $2.51 | ▲ +5.11% | ▲ +3.14% | $2.20 (−7.87%) |
May 12, 2026 23w ago | 8-K | $2.28 $2.34 | ▲ +2.63% | ▲ +3.24% | $2.20 (−3.51%) |
US Market Status
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