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

Mark Newcomer Net Worth




The estimated Net Worth of Mark Newcomer is at least $44.1 Million dollars as of 5 August 2024. Mr. Newcomer owns over 69,593 units of PaySign stock worth over $40,391,788 and over the last 5 years he sold PAYS stock worth over $2,691,075. In addition, he makes $1,031,970 as President, Chief Executive Officer, and Director at PaySign.

Mr. Newcomer PAYS stock SEC Form 4 insiders trading

Mark has made over 8 trades of the PaySign stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 69,593 units of PAYS stock worth $315,952 on 5 August 2024.

The largest trade he's ever made was selling 200,000 units of PaySign stock on 16 September 2019 worth over $2,206,000. On average, Mark trades about 52,136 units every 112 days since 2019. As of 5 August 2024 he still owns at least 9,548,886 units of PaySign stock.

You can see the complete history of Mr. Newcomer stock trades at the bottom of the page.





Mark Newcomer biography

Mark R. Newcomer serves as President, Chief Executive Officer, Director of the Company. Mr. Newcomer serves as our President and Chief Executive Officer and has served in this capacity and as a director since March 2006. From February of 2001 to present, Mr. Newcomer continues to serve as chairman and CEO of 3PEA Technologies, Inc., a payment solutions company he co-founded in 2001 with Mr. Spence. Mr. Newcomer continues to be a driving force in guiding the company's growth through technology investments, acquisitions, new product lines, and strategic partnerships. Mr. Newcomer attended Cal-Poly San Luis Obispo where he majored in Bio-Science.

What is the salary of Mark Newcomer?

As the President, Chief Executive Officer, and Director of PaySign, the total compensation of Mark Newcomer at PaySign is $1,031,970. There are no executives at PaySign getting paid more.



How old is Mark Newcomer?

Mark Newcomer is 54, he's been the President, Chief Executive Officer, and Director of PaySign since 2018. There are 9 older and 3 younger executives at PaySign. The oldest executive at PaySign, Inc. is Bruce Mina, 73, who is the Independent Director.

What's Mark Newcomer's mailing address?

Mark'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 6 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 Mr. Newcomer stock trades at PaySign

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
5 Aug 2024 Mark Newcomer
CEO
Sale 69,593 $4.54 $315,952
5 Aug 2024
9,548,886
31 Jul 2024 Mark Newcomer
CEO
Option 150,000 $5.33 $799,500
31 Jul 2024
9,618,479
3 Aug 2023 Mark Newcomer
CEO
Sale 24,627 $1.79 $44,082
3 Aug 2023
9,468,479
31 Jul 2023 Mark Newcomer
CEO
Option 150,000 $1.92 $288,000
31 Jul 2023
9,531,202
30 Sep 2021 Mark Newcomer
CEO
Option 100,000 $2.70 $270,000
30 Sep 2021
9,422,492
1 Jul 2021 Mark Newcomer
CEO
Sale 39,949 $3.13 $125,040
1 Jul 2021
9,322,492
30 Jun 2021 Mark Newcomer
CEO
Option 100,000 $3.18 $318,000
30 Jun 2021
9,362,441
16 Sep 2019 Mark Newcomer
CEO
Sale 200,000 $11.03 $2,206,000
16 Sep 2019
8,836,844


PaySign executives and stock owners

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