Paymentus (PAY) director Klein reports 145,709-share acquisition
Paymentus Holdings, Inc. (PAY) director Jason Klein reported a change in his indirect ownership of the company’s stock.
Rhea-AI Filing Summary
Paymentus Holdings, Inc. (PAY) director Jason Klein reported a change in his indirect ownership of the company’s stock. On 11/17/2025, a derivative position in Class B Common Stock representing 145,709 underlying shares was reported with a conversion into an equal number of Class A Common Stock at a stated price of $0, coded as transaction type J. After this activity, 2,025,407 shares of Class A Common Stock were reported as beneficially owned indirectly through The Jason and Farah Klein Revocable Trust dated 1/27/2011. The filing notes that the shares were received in a pro rata distribution from funds affiliated with Accel-KKR and that the acquisition was exempt under Rule 16a-9(a).
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Common Stock | 145,709 | $0.00 | $0.00 |
Footnotes (3)
- F1. Class B Common Stock is convertible at any time, at the holder's election and automatically in connection with certain transfers and upon certain other events, into an equal number of shares of Class A Common Stock and has no expiration date.
- F2. Shares received in a pro rata distribution from funds affiliated with Accel-KKR. The acquisition of such shares was exempt pursuant to Rule 16a-9(a) under the Securities Exchange Act of 1934, as amended.
- F3. Shares held by The Jason and Farah Klein Revocable Trust dtd 1/27/2011.
FAQ
What insider transaction did Paymentus (PAY) disclose in this Form 4?
What is the relationship of Jason Klein to Paymentus Holdings, Inc. (PAY)?
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