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  4. [Form 4] Paymentus Holdings, Inc. Insider Trading Activity

Paymentus (NYSE: PAY) CCO holds 744,652 shares after tax withholding

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

Rhea-AI Filing Summary

Paymentus Holdings, Inc. (PAY) reported that Chief Commercial Officer Gerasimos (Jerry) Portocalis had 5,704 shares of Class A common stock withheld on 2026-08-15 to cover tax withholding obligations arising from the vesting of restricted stock units under the company’s 2021 Equity Incentive Plan. This was recorded as a code F transaction (payment of tax liability by delivering or withholding securities), not an open-market sale. After this withholding, he holds 744,652 shares directly and an additional 47,619 shares indirectly through Faliron Family Limited Partnership Ltd., over which he has sole voting and investment power via its general partner.

Positive

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Negative

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Insider Portocalis Gerasimos (Jerry)
Role Chief Commercial Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1 5,704 $0.00 $0.00
holding Class A Common Stock F2 -- -- --
Holdings After Transaction: Class A Common Stock — 744,652 shares (Direct); Class A Common Stock — 47,619 shares (Indirect, See Explanation of Responses)
Footnotes (2)
  1. F1. 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.
  2. F2. Represents shares held of record by the Faliron Family Limited Partnership Ltd., a limited partnership of which a single-member limited liability company is the sole general partnerr. The reporting person has sole voting and investment power with respect to the general partner.
Shares withheld for taxes 5,704 shares Class A Common Stock withheld on 2026-08-15 for tax obligations on RSU vesting
Direct holdings after transaction 744,652 shares Direct Class A Common Stock owned by Gerasimos Portocalis following the 5,704-share withholding
Indirect holdings after transaction 47,619 shares Indirect Class A Common Stock held via Faliron Family Limited Partnership Ltd.
Transaction code F shares 5,704 shares Shares used for payment of tax liability by delivering or withholding securities
Exercise price per share on code F line 0.0000 Mechanical price field for the tax-withholding disposition of 5,704 shares
restricted stock units financial
"tax withholding obligations in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2021 Equity Incentive Plan financial
"vesting of restricted stock units under the issuer's 2021 Equity Incentive Plan"
withholding of shares financial
"reports the withholding of shares by the issuer to cover tax withholding"
indirect financial
"total shares following transaction 47,619.0000, direct_or_indirect I"
voting and investment power financial
"The reporting person has sole voting and investment power with respect"

FAQ

What insider transaction did PAY report for Gerasimos Portocalis on August 15, 2026?
Paymentus (PAY) reported that Gerasimos Portocalis had 5,704 shares of Class A common stock withheld on 2026-08-15 to cover tax obligations related to restricted stock unit vesting under the 2021 Equity Incentive Plan.

Was the August 15, 2026 PAY Form 4 for an open-market sale of shares?
No. The Form 4 for Paymentus (PAY) shows a code F transaction, meaning shares were withheld by the issuer to pay tax liabilities from RSU vesting, rather than an investor-initiated open-market sale.

How many PAY shares does Gerasimos Portocalis hold directly after this Form 4 transaction?
After the reported withholding, Gerasimos Portocalis directly holds 744,652 shares of Paymentus Class A common stock. This figure is reported as his total direct ownership following the 5,704-share tax-withholding disposition.

What indirect PAY shareholdings are reported for Gerasimos Portocalis?
The Form 4 shows 47,619 shares of Paymentus Class A common stock held indirectly via Faliron Family Limited Partnership Ltd., where a single-member LLC is the general partner and Portocalis has sole voting and investment power over the general partner.

What is the significance of code F in the PAY Form 4 for Gerasimos Portocalis?
Code F indicates payment of tax liability by delivering or withholding securities. In this Paymentus (PAY) filing, 5,704 shares were withheld by the issuer to satisfy tax withholding obligations from RSU vesting under the 2021 Equity Incentive Plan.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Portocalis Gerasimos (Jerry)
(Last)(First)(Middle)
15601 DALLAS PARKWAY
SUITE 600
(Street)
ADDISON TEXAS 75001
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Paymentus Holdings, Inc. [ PAY ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/15/2026F(1)5,704D$0744,652D
Class A Common Stock47,619ISee Explanation of Responses(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
2. Represents shares held of record by the Faliron Family Limited Partnership Ltd., a limited partnership of which a single-member limited liability company is the sole general partnerr. The reporting person has sole voting and investment power with respect to the general partner.
/s/ Meredith P. Burbank, Attorney-in-Fact08/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR