STOCK TITAN

Paymentus (PAY) General Counsel granted 23,274 RSUs in new equity award

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

Rhea-AI Filing Summary

Gerber Andrew A. reported acquisition or exercise transactions in this Form 4 filing.

Paymentus Holdings, Inc. General Counsel and Secretary Andrew A. Gerber reported receiving a grant of 23,274 shares of Class A common stock in the form of restricted stock units. After this equity award, he holds 118,619 shares of Class A common stock directly.

The RSUs were granted under the company’s 2021 Equity Incentive Plan. One fifth of the RSUs will vest on March 9, 2027, and one twentieth will vest on each quarterly vesting date beginning August 15, 2027, subject to his continued service.

Positive

  • None.

Negative

  • None.
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)
03/09/2026
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) 23,274 A $0 118,619 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 03/11/2026
** 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 and Secretary Andrew A. Gerber received a grant of 23,274 restricted stock units. These RSUs represent future shares of Class A common stock, awarded as equity compensation under the company’s 2021 Equity Incentive Plan, not an open-market purchase.

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

After the reported equity award, Andrew A. Gerber holds 118,619 shares of Paymentus Class A common stock directly. This total includes the effect of the 23,274-share restricted stock unit grant, which will convert into shares as the units vest over time.

What are the vesting terms of Andrew A. Gerber’s new RSUs at Paymentus (PAY)?

The 23,274 restricted stock units vest over several years. One fifth vests on March 9, 2027, and one twentieth vests quarterly starting August 15, 2027, on February 15, May 15, August 15, and November 15, assuming continued service through each vesting date.

Was Andrew A. Gerber’s Paymentus (PAY) equity transaction a market purchase or sale?

The transaction was not a market purchase or sale. It was a compensation-related acquisition coded as a grant of restricted stock units, with a price per share of $0.00, reflecting an award from the company rather than trading in the open market.

Under which plan were the new Paymentus (PAY) RSUs granted to Andrew A. Gerber?

The 23,274 restricted stock units granted to Andrew A. Gerber were issued under Paymentus’ 2021 Equity Incentive Plan. This plan provides equity-based awards, such as RSUs, that vest over time, aligning executive compensation with the company’s long-term performance.
Paymentus Holdings Inc

NYSE:PAY

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3.27B
58.66M
Software - Infrastructure
Services-business Services, Nec
Link
United States
CHARLOTTE