PAID, Inc. Reports Director Departure and Officer Changes
Ticker: PAYD · Form: 8-K · Filed: Oct 16, 2025 · CIK: 1017655
| Field | Detail |
|---|---|
| Company | Paid Inc (PAYD) |
| Form Type | 8-K |
| Filed Date | Oct 16, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-departure, officer-appointment, corporate-governance
TL;DR
PAID, Inc. director Michael O'Malley out, new execs in. Watch for comp details.
AI Summary
On October 15, 2025, PAID, Inc. filed an 8-K report detailing the departure of director Michael J. O'Malley. The filing also includes information on the election of new directors and the appointment of certain officers, along with details regarding compensatory arrangements for these officers. The company is incorporated in Delaware and its fiscal year ends on December 31.
Why It Matters
This filing indicates potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: medium — Changes in directorship and executive appointments can signal strategic shifts or internal adjustments that may carry inherent risks.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's financial reporting cycle.)
Key Players & Entities
- PAID, Inc. (company) — Registrant
- Michael J. O'Malley (person) — Departing Director
- October 15, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 0-28720 (filing_id) — Commission File Number
FAQ
Who is the departing director?
The departing director is Michael J. O'Malley.
What is the exact date of the earliest event reported?
The earliest event reported is dated October 15, 2025.
In which state is PAID, Inc. incorporated?
PAID, Inc. is incorporated in Delaware.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What are the main items reported in this 8-K filing?
The filing reports the departure of a director, election of directors, appointment of officers, and compensatory arrangements for certain officers.
Filing Stats: 449 words · 2 min read · ~1 pages · Grade level 10.4 · Accepted 2025-10-16 17:26:44
Filing Documents
- payd20251016_8k.htm (8-K) — 25KB
- ex_871498.htm (EX-17.1) — 6KB
- do01.jpg (GRAPHIC) — 6KB
- 0001437749-25-031185.txt ( ) — 164KB
- payd-20251015.xsd (EX-101.SCH) — 3KB
- payd-20251015_def.xml (EX-101.DEF) — 11KB
- payd-20251015_lab.xml (EX-101.LAB) — 14KB
- payd-20251015_pre.xml (EX-101.PRE) — 11KB
- payd20251016_8k_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits See Exhibit Index attached hereto. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PAID, INC. Date: October 16, 2025 By: /s/ W. Austin Lewis, IV W. Austin Lewis, IV, President EXHIBIT INDEX Exhibit Description 17.1 David Ogden Letter of Resignation dated October 15,2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)