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

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).

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

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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^*

Klein Jason

(Last) (First) (Middle)

C/O ACCEL-KKR

2180 SAND HILL ROAD, SUITE 300

(Street)

MENLO PARK CA 94025

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

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

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
Class B Common Stock	(1)	11/17/2025		J(2)	V	145,709		(1)	(1)	Class A Common Stock	145,709	$0(2)	2,025,407	I	See footnote(3)

Explanation of Responses:

1. 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.

2. 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.

3. Shares held by The Jason and Farah Klein Revocable Trust dtd 1/27/2011.

	/s/ Jason Klein	11/19/2025
	** 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) disclose in this Form 4?

The filing reports that director Jason Klein had a derivative position in Class B Common Stock representing 145,709 underlying shares, which are convertible into an equal number of Class A Common Stock at a stated price of $0, coded as transaction type J on 11/17/2025.

How many Paymentus (PAY) shares does Jason Klein report owning after the transaction?

Following the reported transaction, the filing shows 2,025,407 shares of Class A Common Stock beneficially owned indirectly by Jason Klein through The Jason and Farah Klein Revocable Trust dated 1/27/2011.

What is the relationship of Jason Klein to Paymentus Holdings, Inc. (PAY)?

Jason Klein is reported as a Director of Paymentus Holdings, Inc. (PAY) on this Form 4.

How are Paymentus Class B and Class A common shares related in this filing?

The filing explains that Class B Common Stock is convertible at any time, at the holder’s election and automatically in connection with certain transfers and other events, into an equal number of Class A Common Stock and has no expiration date.

What was the nature of the acquisition of Paymentus shares reported by Jason Klein?

The filing states that the shares were received in a pro rata distribution from funds affiliated with Accel-KKR, and that this acquisition was exempt pursuant to Rule 16a-9(a) under the Securities Exchange Act of 1934, as amended.

In whose name are Jason Klein’s Paymentus shares held?

The filing notes that the shares are held by The Jason and Farah Klein Revocable Trust dtd 1/27/2011, indicating indirect beneficial ownership by Jason Klein.