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8-K2026-05-12· grok-4-1-fast-non-reasoning

PAYD · PAID, Inc.

0001437749-26-016453

SEC filing

Summary

Paid Inc. appointed freight technology veteran Lance Healy to its Board of Directors to support ShipTime's expansion in parcel, LTL, FTL, fulfillment, and cross-border logistics across North America.

Key takeaways

Full analysis

Paid Inc., through its ShipTime subsidiary, appointed Lance Healy to the Board to leverage his extensive freight technology experience as the company expands its logistics platform. Healy's background includes co-founding Banyan Technology, a pioneer in LTL shipping technology and carrier connectivity, along with expertise in carrier APIs, shipment execution, pricing intelligence, and logistics data. This addition aligns with ShipTime's strategy to enhance visibility, automation, and connectivity across parcel and freight modes. CEO Austin Lewis emphasized Healy's practical knowledge to drive the next stage of growth in freight, fulfillment, and enterprise logistics. Healy expressed enthusiasm for ShipTime's unified platform and its potential in North American markets.