[Form 4] Paymentus Holdings, Inc. Insider Trading Activity
Paymentus Holdings, Inc. (PAY) insider Andrew A. Gerber, the company’s General Counsel and Secretary, reported a routine equity transaction on a Form 4. On 11/15/2025, the issuer withheld 3,579 shares of Class A common stock to cover tax obligations arising from the vesting of restricted stock units granted under the company’s 2021 Equity Incentive Plan. After this tax withholding transaction, Gerber directly beneficially owns 99,245 shares of Paymentus Class A common stock. The filing indicates the transaction code "F," which is used for share withholding related to tax payments on equity awards.
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FAQ
What insider transaction did Paymentus (PAY) report for Andrew A. Gerber?
Paymentus reported that Andrew A. Gerber, its General Counsel and Secretary, had 3,579 shares of Class A common stock withheld by the issuer on 11/15/2025 to cover tax obligations related to vesting restricted stock units.
How many Paymentus (PAY) shares does Andrew A. Gerber own after this Form 4 transaction?
Following the reported tax withholding transaction, Andrew A. Gerber beneficially owns 99,245 shares of Paymentus Class A common stock in direct ownership.
What does transaction code "F" mean in the Paymentus (PAY) Form 4 filing?
The transaction code "F" indicates that the reported transaction was a payment of tax liability by delivering or withholding securities, in this case, shares withheld to satisfy tax obligations on vesting restricted stock units.
Why were Paymentus (PAY) shares withheld from Andrew A. Gerber on 11/15/2025?
The filing explains that the issuer withheld 3,579 shares to cover tax withholding obligations arising from the vesting of restricted stock units under the 2021 Equity Incentive Plan.
Does this Paymentus (PAY) Form 4 indicate any open market buying or selling by the insider?
No open market trade is reported. The Form 4 shows a withholding of shares for tax purposes related to equity award vesting, rather than a discretionary market purchase or sale.
What equity plan is referenced in Andrew A. Gerber’s Paymentus (PAY) Form 4 filing?
The transaction relates to restricted stock units granted under Paymentus Holdings, Inc.’s 2021 Equity Incentive Plan, as noted in the explanation of responses.