Paymentus Holdings Inc SEC Filings

Accel-KKR entities filed a Form 4 reporting transactions in Paymentus Holdings, Inc. (PAY) dated 09/10/2025. The filing shows an in-kind pro rata distribution from the reporting person to its partners resulting in conversions/allocations of Class B Common Stock into Class A Common Stock across multiple Accel-KKR funds. Key reported movements include 3,602,968 Class B shares allocated to one reporting group (resulting in 24,998,253 Class A shares beneficially owned), and smaller allocations to other funds: 180,352, 151,676, 5,084, and 59,920 shares with corresponding beneficial ownership totals listed. Footnotes state the transfer was an in-kind pro rata distribution without consideration and that Accel-KKR Holdings GP, LLC and related entities have voting and investment power, with decision-making controlled by Mr. Palumbo and Mr. Barnds. Signatures are dated 09/12/2025.

Insider acquisition reported: Jason Klein, a director of Paymentus Holdings, Inc. (PAY), received 146,551 Class B common shares on 09/10/2025 as a pro rata distribution from funds affiliated with Accel-KKR. Class B shares convert into an equal number of Class A shares and carry no expiration. Following the transaction, Mr. Klein beneficially owns 1,879,698 shares of Class A common stock indirectly through The Jason and Farah Klein Revocable Trust. The filing cites an exemption under Rule 16a-9(a) for the acquisition and is signed by the reporting person on 09/12/2025.

Adam Malinowski, a director of Paymentus Holdings, Inc. (PAY), reported receiving 13,308 shares of Class B common stock on 09/10/2025 in a pro rata distribution from funds affiliated with Accel-KKR. Class B shares are convertible into an equal number of Class A shares and carry no expiration. Following the distribution, Malinowski beneficially owned 174,985 shares of Paymentus common stock on a direct basis. The acquisition was reported as exempt under Rule 16a-9(a) and was executed through counsel.

Robert Palumbo, a director and reported 10% owner of Paymentus Holdings, Inc. (PAY), filed a Form 4 disclosing transactions dated 09/10/2025. The filing reports in-kind pro rata distributions (Transaction Code J) converting or distributing Class B Common Stock into Class A Common Stock across multiple Accel-KKR-related entities. Notable reported amounts include 3,602,968, 180,352, 151,676, 5,084, and 59,920 shares of Class B converted/reported as Class A. Several entity-level beneficial ownership totals are shown, including 24,998,253 shares of Class A for one entity and other totals such as 5,061,257, 761,685, and 5,961,991 for related entities. Footnotes explain these were in-kind distributions to partners without consideration and describe complex ownership and voting arrangements among Accel-KKR entities and management companies. The Form 4 is signed by Robert Palumbo and Thomas C. Barnds as attorney-in-fact.

Thomas C. Barnds, a director associated with Accel-KKR, reported distributions and conversions of Class B into Class A common stock of Paymentus Holdings, Inc. (PAY). The filing shows multiple in-kind pro rata distributions converting Class B shares to Class A, resulting in indirect holdings reported as 24,998,253 shares for one reporting entity and additional indirect holdings of 1,363,758, 1,052,363, 35,268, and 415,745 for affiliated entities. Explanatory footnotes describe the ownership and control structure among Accel-KKR entities and note that Class B shares are convertible into an equal number of Class A shares without expiration.

Thomas C. Barnds, a director affiliated with Accel-KKR, reported a series of in-kind pro rata distributions of Class B common stock on 09/03/2025 to related partnership entities and partners without consideration. The Form 4 shows multiple distributions (transaction code J) converting Class B shares into Class A shares for recordkeeping, with specific transfers of 3,602,968, 180,352, 151,676, 5,084, and 59,920 shares reported to various Accel-KKR entities. Post-transaction indirect beneficial ownership totals are reported for each affiliated vehicle, including totals such as 28,601,221, 1,544,110, and 1,204,039, and aggregate holdings noted across the reporting persons and a trust.

Accel-KKR-related entities reported an internal in-kind distribution of Paymentus Holdings shares on 09/03/2025. The filing shows multiple Accel-KKR funds and vehicles converting or reclassifying Class B into Class A shares via a J code transaction described as an in-kind pro rata distribution to partners. As a result, Accel-KKR-affiliated holders report large beneficial ownership positions, including 28,601,221 Class A shares attributed to one reporting group and additional six- and seven-figure holdings across related entities. The filings clarify voting and investment power resides with Accel-KKR GP/management entities and note that Mr. Palumbo and Mr. Barnds separately reported their interests.

Robert Palumbo, a director and 10% owner of Paymentus Holdings, Inc. (PAY), reported changes in beneficial ownership on a Form 4 covering transactions dated 09/03/2025. The filing shows multiple in-kind pro rata distributions (Transaction Code J) converting or reallocating Class B Common Stock into Class A shares among affiliated Accel-KKR entities and partners. Key reported movements include 3,602,968 Class B shares converted to Class A for Accel-KKR Capital Partners CV III, LP; smaller distributions to other Accel-KKR funds totaling ≈4.74 million Class A shares held indirectly by related entities; and consolidated indirect and direct holdings reported across several Accel-KKR vehicles. The Form discloses that Class B shares are convertible into Class A on a one-for-one basis and that the distributions were in-kind and without consideration.

Adam Malinowski, a director of Paymentus Holdings, Inc. (PAY), received 13,295 shares of Class B Common Stock on 09/03/2025 as a pro rata distribution from funds affiliated with Accel-KKR. The Form 4 reports the acquisition was exempt under Rule 16a-9(a) and is coded with transaction code J. Class B shares are convertible at the holder's election (and automatically in certain events) into an equal number of Class A Common Stock and carry no expiration date. Following the reported transaction, the filing shows Mr. Malinowski beneficially owns 161,677 shares (direct). The Form 4 was signed by an attorney-in-fact on 09/05/2025.