8-K

PAID INC (PAYD)

8-K 2025-10-16 For: 2025-10-15
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Added on April 06, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  October 15, 2025

PAID, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware 0-28720 73-1479833
(State or Other Jurisdiction<br><br> <br>of Incorporation (Commission<br><br> <br>File Number) (IRS Employer<br><br> <br>Identification No.)
225 Cedar Hill Street Suite 200<br><br> <br>Marlborough, Massachusetts 01752
--- ---
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (617) 861-6050

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Type of each Class Trading Symbol(s) Name of each exchange on which registered
Common PAYD

Indicate by checkmark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) of Rule 12B-2 of the Securities Exchange act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Item 5.02.             Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)            On October 15, 2025, David Ogden resigned as a Director with PAID, Inc. (the “Company”). Mr. Ogden’s resignation letter is attached as Exhibit 17.1. Mr. Ogden states in his resignation letter that his resignation is not the result of any disagreement with the Company’s operations, policies or procedures.

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)

ex_871498.htm

Exhibit 17.1

David Ogden 2233 Pinewoods Circle

Naples, Florida 34105

(239) 571-0183

October 15, 2025

VIA FED-EX & E-MAIL

Paid, Inc.

Andrew Pilaro

Laurie Bradley

225 Cedar Hill Street, Suite 200

Marlborough, MA 01752

RE: Resignation from the Board of Directors of Paid, Inc.

Dear Andrew and Laurie:

Pursuant to Article III, Section 6 of the Bylaws of Paid, Inc., as Amended and Restated through December 19, 2016, I write to tender my resignation from the Board of Directors of Paid, Inc. (the "Company,"), with such resignation to take effect immediately. My decision to resign from the Company's Board of Directors is not the result of any disagreement with the Company's operations, policies or procedures.         .,

I wish the Company the best in future endeavors.

Very Truly Yours,
David Ogden

cc: Andrew H. Sauder, Esquire (via e-mail)