Paymentus CEO awarded 480,000 RSUs in stock grant
Paymentus Holdings, Inc. Chairman, President and CEO Dushyant Sharma reported an equity award of Class A common stock.
Rhea-AI Filing Summary
Paymentus Holdings, Inc. Chairman, President and CEO Dushyant Sharma reported an equity award of Class A common stock. On April 7, 2026, he received 480,000 restricted stock units (RSUs) under the company’s 2021 Equity Incentive Plan at no purchase price.
Each RSU converts into one share of Class A common stock when it vests, subject to his continued service. One fifth of the RSUs will vest on April 7, 2027, with an additional one twentieth vesting on each Quarterly Vesting Date starting August 15, 2027, on February 15, May 15, August 15 and November 15.
Following this award, Sharma holds 1,498,465 shares of Class A common stock directly and 1 share indirectly through Ashigrace LLC, where he has sole voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 480,000 shares
Grant/Award
2 txns
Insider
Sharma Dushyant
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 480,000 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,498,465 shares (Direct);
Class A Common Stock — 1 shares (Indirect, See Explanation of Responses)
Footnotes (2)
- F1. 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 April 7, 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.
- F2. Represents securities held directly by Ashigrace LLC. Dushyant Sharma is the sole manager of Ashigrace LLC and has sole voting and dipositive power with respect to the securities held by Ashigrace LLC.
Key Figures
RSUs granted: 480,000 RSUs
Grant price: $0.0000 per share
Direct holdings after grant: 1,498,465 shares
+3 more
6 metrics
RSUs granted
480,000 RSUs
Equity award on April 7, 2026 under 2021 Equity Incentive Plan
Grant price
$0.0000 per share
Price per share for RSU grant on April 7, 2026
Direct holdings after grant
1,498,465 shares
Class A common stock directly owned following reported transactions
Indirect holdings after grant
1 share
Class A common stock indirectly owned through Ashigrace LLC
Initial vesting date
April 7, 2027
One fifth of RSUs vest on this date, subject to continued service
Quarterly vesting start
August 15, 2027
One twentieth of RSUs vest on each Quarterly Vesting Date starting then
Key Terms
restricted stock units, RSUs, 2021 Equity Incentive Plan, Quarterly Vesting Dates, +1 more
5 terms
restricted stock units financial
"Represents an equal number of restricted stock units ("RSUs") granted pursuant"
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.
RSUs financial
"Each RSU represents the right to receive a share of the Issuer's Class A"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2021 Equity Incentive Plan financial
"RSUs granted pursuant to the Issuer's 2021 Equity Incentive Plan."
Quarterly Vesting Dates financial
"Quarterly Vesting Dates with respect to any calendar year means February 15,"
voting and dipositive power financial
"has sole voting and dipositive power with respect to the securities held"
FAQ
What insider transaction did Paymentus (PAY) report for Dushyant Sharma?
Paymentus reported that Chairman, President and CEO Dushyant Sharma received 480,000 restricted stock units of Class A common stock as an equity award. The RSUs were granted under the 2021 Equity Incentive Plan at no purchase price, subject to future vesting conditions.
How many Paymentus (PAY) RSUs were granted to Dushyant Sharma and on what date?
Dushyant Sharma was granted 480,000 restricted stock units of Paymentus Class A common stock on April 7, 2026. These RSUs represent a right to receive shares in the future, subject to vesting and continued service with the company through specified vesting dates.
What is the vesting schedule for Dushyant Sharma’s Paymentus (PAY) RSUs?
One fifth of Sharma’s RSUs will vest on April 7, 2027, if he continues serving the company. After that, one twentieth of the RSUs will vest on each Quarterly Vesting Date beginning August 15, 2027, with Quarterly Vesting Dates defined as February 15, May 15, August 15 and November 15.
Are Dushyant Sharma’s new Paymentus (PAY) RSUs an open-market purchase?
No, the 480,000 Paymentus RSUs reported for Dushyant Sharma are a grant or award, not an open-market purchase. The transaction code reflects a grant, and the Form 4 shows a price per share of $0.0000, indicating no cash was paid to acquire the units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
