Paymentus (PAY) CFO logs 19,494-share tax withholding, retains 533,506 shares

Rhea-AI Filing Summary

Paymentus Holdings, Inc. SVP and CFO Sanjay Kalra reported a Form 4 transaction reflecting share withholding for taxes rather than a market trade. On the vesting of restricted stock units under the company’s 2021 Equity Incentive Plan, the issuer withheld 19,494 shares of Class A Common Stock to satisfy tax withholding obligations. After this tax-withholding disposition, Kalra directly holds 533,506 shares of Class A Common Stock. This event reflects routine equity compensation administration and does not represent an open-market sale or purchase of shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kalra Sanjay

Role SVP and CFO

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	19,494	$0.00	--

Holdings After Transaction: Class A Common Stock — 533,506 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 19,494 shares Post-transaction holdings: 533,506 shares Transaction price per share: $0.0000 per share +1 more

4 metrics

Shares withheld for taxes 19,494 shares Tax-withholding disposition on RSU vesting

Post-transaction holdings 533,506 shares Direct Class A Common Stock held after transaction

Transaction price per share $0.0000 per share F-code tax-withholding entry on Form 4

Tax-withholding shares count 19,494 shares Form 4 transactionSummary taxWithholdingShares

Key Terms

restricted stock units, tax withholding obligations, 2021 Equity Incentive Plan, Form 4, +1 more

5 terms

restricted stock units financial

"in connection with the vesting of restricted stock units under the issuer's 2021 Equity Incentive Plan"

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.

tax withholding obligations financial

"reports the withholding of shares by the issuer to cover tax withholding obligations in connection with the vesting"

2021 Equity Incentive Plan financial

"in connection with the vesting of restricted stock units under the issuer's 2021 Equity Incentive Plan"

Form 4 regulatory

"This Form 4 reports the withholding of shares by the issuer"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Class A Common Stock financial

"security_title: Class A Common Stock and shares withheld for tax obligations"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 Insider Transactions: What Each Field Means →

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^*

Kalra Sanjay

(Last) (First) (Middle)

11605 N. COMMUNITY HOUSE RD.

SUITE 300

(Street)

CHARLOTTE NORTH CAROLINA 28277

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/15/2026		F(1)		19,494	D	$0	533,506	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/ Meredith P. Burbank, Attorney-in-Fact	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Paymentus (PAY) SVP and CFO Sanjay Kalra report in this Form 4?

Sanjay Kalra reported a tax-withholding share disposition, not an open-market trade. The issuer withheld 19,494 shares of Class A Common Stock to cover tax obligations from vesting restricted stock units under the 2021 Equity Incentive Plan.

How many Paymentus (PAY) shares were withheld for taxes in this transaction?

The issuer withheld 19,494 shares of Paymentus Class A Common Stock to satisfy tax withholding obligations. This occurred in connection with the vesting of restricted stock units granted under the company’s 2021 Equity Incentive Plan, as disclosed in the Form 4 footnote.

Does this Paymentus (PAY) Form 4 show an open-market sale by the CFO?

No, the Form 4 does not show an open-market sale. It reports an F-code tax-withholding disposition where 19,494 shares were retained by the issuer to cover tax obligations from restricted stock unit vesting, rather than being sold on the market.

How many Paymentus (PAY) shares does CFO Sanjay Kalra hold after this Form 4 event?

After the tax-withholding transaction, Sanjay Kalra directly holds 533,506 shares of Paymentus Class A Common Stock. This post-transaction balance reflects his remaining ownership following the issuer’s withholding of 19,494 shares for tax obligations on vested restricted stock units.

What plan is referenced in the Paymentus (PAY) Form 4 footnote for this transaction?

The footnote references Paymentus Holdings, Inc.’s 2021 Equity Incentive Plan. The reported transaction reflects shares withheld by the issuer to cover tax obligations arising from the vesting of restricted stock units granted under this equity incentive plan.