Paymentus (PAY) director Jason Klein reports 145,596-share pro rata distribution

Rhea-AI Filing Summary

Paymentus Holdings, Inc. director Jason Klein reported an indirect acquisition of shares linked to the company’s dual‑class structure. On 12/10/2025, a derivative position in Class B Common Stock corresponding to 145,596 shares of Class A Common Stock was reported, with a stated price of $0. The filing notes these shares were received in a pro rata distribution from funds affiliated with Accel‑KKR and that this acquisition was exempt under Rule 16a-9(a) of the Exchange Act.

After the transaction, 2,171,003 derivative securities were beneficially owned indirectly, held by The Jason and Farah Klein Revocable Trust dtd 1/27/2011

12/12/2025 - 06:18 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Klein Jason

(Last) (First) (Middle)

C/O ACCEL-KKR

2180 SAND HILL ROAD, SUITE 300

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Paymentus Holdings, Inc. [ PAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(1)	12/10/2025		J(2)	V	145,596		(1)	(1)	Class A Common Stock	145,596	$0(2)	2,171,003	I	See footnote(3)

Explanation of Responses:

1. Class B Common Stock is convertible at any time, at the holder's election and automatically in connection with certain transfers and upon certain other events, into an equal number of shares of Class A Common Stock and has no expiration date.

2. Shares received in a pro rata distribution from funds affiliated with Accel-KKR. The acquisition of such shares was exempt pursuant to Rule 16a-9(a) under the Securities Exchange Act of 1934, as amended.

3. Shares held by The Jason and Farah Klein Revocable Trust dtd 1/27/2011.

	/s/ Jason Klein	12/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Paymentus (PAY) report for Jason Klein?

The report shows Jason Klein, a director of Paymentus Holdings, Inc., had a derivative transaction on 12/10/2025 involving Class B Common Stock tied to 145,596 shares of Class A Common Stock.

How many Paymentus shares are linked to the reported derivative position?

The derivative position reported is linked to 145,596 shares of Class A Common Stock underlying the Class B Common Stock reported in the transaction.

What was the reported price for the Paymentus derivative securities in this Form 4?

The filing lists the price of the derivative security as $0, consistent with shares received in a pro rata distribution rather than a market purchase.

How many derivative securities does Jason Klein beneficially own after this Paymentus transaction?

Following the reported transaction, 2,171,003 derivative securities were shown as beneficially owned indirectly.

Who holds the Paymentus shares reported for Jason Klein on this Form 4?

The filing states that shares are held by The Jason and Farah Klein Revocable Trust dtd 1/27/2011, indicating indirect beneficial ownership.

How can Paymentus Class B Common Stock be converted according to the filing?

The Class B Common Stock is described as convertible at any time, at the holder’s election and automatically in connection with certain transfers and other events, into an equal number of Class A Common Stock shares, and it has no expiration date.

Why was the Paymentus share acquisition described as exempt under Rule 16a-9(a)?

The filing explains that the 145,596 shares were received in a pro rata distribution from funds affiliated with Accel-KKR, and that this acquisition was exempt under Rule 16a-9(a) of the Securities Exchange Act of 1934.