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Paymentus (PAY) General Counsel covers RSU taxes with 1,456 withheld shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Paymentus Holdings, Inc. General Counsel and Secretary Andrew A. Gerber reported a routine tax-related share disposition. On the vesting of restricted stock units granted under the 2021 Equity Incentive Plan, the issuer withheld 1,456 shares of Class A Common Stock to cover tax obligations. After this withholding, Gerber directly owns 117,163 shares of Class A Common Stock. This was not an open-market purchase or sale, but an automatic mechanism to satisfy taxes due on equity compensation.

Positive

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Negative

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Gerber Andrew A.

(Last) (First) (Middle)
11605 N. COMMUNITY HOUSE RD.
SUITE 300

(Street)
CHARLOTTE NC 28277

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel and Secretary
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
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
Class A Common Stock 03/13/2026 F(1) 1,456 D $0 117,163 D
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
Explanation of Responses:
1. This Form 4 reports the withholding of shares by the issuer to cover tax withholding obligations in connection with the vesting of restricted stock units under the issuer's 2021 Equity Incentive Plan.
/s/ Andrew A. Gerber 03/16/2026
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Paymentus (PAY) report for Andrew A. Gerber?

Paymentus reported that General Counsel Andrew A. Gerber had 1,456 shares of Class A Common Stock withheld. The shares were used to cover tax obligations tied to vesting restricted stock units under the 2021 Equity Incentive Plan, not an open-market sale.

Was the Paymentus (PAY) Form 4 transaction a stock sale by Andrew A. Gerber?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Paymentus to satisfy Gerber’s tax liability on vesting restricted stock units granted under the company’s 2021 Equity Incentive Plan.

How many Paymentus (PAY) shares does Andrew A. Gerber hold after this Form 4?

After the tax-withholding event, Andrew A. Gerber directly holds 117,163 shares of Paymentus Class A Common Stock. This figure reflects his position following the withholding of 1,456 shares to satisfy tax obligations related to restricted stock unit vesting.

What does transaction code F mean in the Paymentus (PAY) Form 4 filing?

Transaction code F indicates payment of tax liability by delivering or withholding securities. In this case, Paymentus withheld 1,456 shares of Class A Common Stock from Andrew A. Gerber to cover taxes owed upon the vesting of restricted stock units.

Which equity plan is referenced in Andrew A. Gerber’s Paymentus (PAY) Form 4?

The Form 4 cites Paymentus’s 2021 Equity Incentive Plan. The reported transaction involves restricted stock units granted under this plan, where the issuer withheld 1,456 shares of Class A Common Stock to meet Gerber’s tax withholding obligations at vesting.
Paymentus Holdings Inc

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3.05B
58.45M
Software - Infrastructure
Services-business Services, Nec
Link
United States
CHARLOTTE