Paymentus (NYSE: PAY) CFO granted 139,644 RSUs under equity plan

Rhea-AI Filing Summary

Kalra Sanjay reported acquisition or exercise transactions in this Form 4 filing.

Paymentus Holdings, Inc. reported that its SVP and CFO, Sanjay Kalra, received a grant of 139,644 shares of Class A common stock as a stock award, at no purchase price. Following this grant, he directly holds 560,372 shares.

The award represents an equal number of restricted stock units under the 2021 Equity Incentive Plan. One fifth of the RSUs will vest on March 9, 2027, with one twentieth vesting on each Quarterly Vesting Date starting August 15, 2027, subject to his continued service.

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^*

Kalra Sanjay

(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)
	SVP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		A(1)		139,644	A	$0	560,372	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. Represents an equal number of restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan. Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests, subject to continued service of the reporting person through the applicable vesting date. One fifth of the RSUs will vest on March 9, 2027, and one twentieth of the RSUs will vest on a quarterly basis thereafter on each Quarterly Vesting Date beginning on August 15, 2027. Quarterly Vesting Dates with respect to any calendar year means February 15, May 15, August 15 and November 15.

	/s/ Andrew A. Gerber, Attorney-in-Fact	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Paymentus (PAY) disclose for its CFO?

Paymentus disclosed that SVP and CFO Sanjay Kalra received a grant of 139,644 shares of Class A common stock as a stock award. This is a compensation-related acquisition at no purchase price, not an open-market stock purchase or sale.

How many Paymentus (PAY) shares does the CFO hold after this grant?

After the stock award, SVP and CFO Sanjay Kalra directly holds 560,372 shares of Paymentus Class A common stock. This figure reflects his position following the 139,644-share restricted stock unit grant reported in the Form 4 filing.

Is the Paymentus (PAY) CFO’s 139,644-share award immediately vested?

No, the 139,644-share award is granted as restricted stock units that vest over time. One fifth vests on March 9, 2027, and one twentieth vests quarterly thereafter, conditioned on his continued service through each vesting date.

Under what plan was the Paymentus (PAY) CFO equity grant made?

The grant was made under Paymentus Holdings, Inc.’s 2021 Equity Incentive Plan. It consists of restricted stock units, each representing the right to receive one share of Class A common stock when the specified vesting conditions are satisfied.

What is the vesting schedule for the Paymentus (PAY) CFO’s RSUs?

One fifth of the CFO’s restricted stock units will vest on March 9, 2027. The remaining units will vest in equal installments of one twentieth on each Quarterly Vesting Date beginning August 15, 2027: February 15, May 15, August 15 and November 15.