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

Rhea-AI Filing Summary

Andrew A. Gerber, General Counsel and Secretary of Paymentus Holdings, Inc. (PAY), reported that on 08/15/2025 3,576 shares of Class A common stock were withheld by the issuer to satisfy tax withholding obligations tied to the vesting of restricted stock units under the company's 2021 Equity Incentive Plan. The withholding was recorded at an effective price of $0 because shares were retained rather than sold. After the withholding, Mr. Gerber beneficially owns 102,824 shares. The Form 4 was signed on 08/18/2025.

Insights

Securities Analyst

TL;DR: Routine insider withholding of shares to cover taxes on vested RSUs; non-cash transaction with no proceeds.

This Form 4 documents a withholding event, not an open-market sale, so it does not generate cash proceeds or signal a liquidity-driven exit by the insider. The transaction reduces the reporting person's outstanding share count via retained shares to meet tax obligations and leaves the insider with 102,824 beneficially owned shares. For investors, this is typically considered administrative and not material to the companys operations or capital structure.

Corporate Governance Expert

TL;DR: Administrative compliance filing reflecting standard equity plan mechanics; no governance concern evident.

The filing identifies Andrew A. Gerber as the reporting person and notes the withholding occurred under the 2021 Equity Incentive Plan. Withholding to cover taxes on vested RSUs is a common practice and consistent with plan terms. The Form 4 is timely and properly signed, indicating compliance with reporting obligations. There are no disclosed deviations, sales, or related-party transactions raising governance flags.

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

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OMB Number:			3235-0287
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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^*

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)
08/15/2025

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
Class A Common Stock	08/15/2025		F(1)		3,576	D	$0	102,824	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/ Andrew A. Gerber	08/18/2025
	** 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 did Andrew A. Gerber report on the Form 4 for PAY?

He reported that 3,576 Class A shares were withheld by the issuer on 08/15/2025 to cover tax withholding for vested restricted stock units.

Did the Form 4 report an open-market sale by the insider of PAY stock?

No. The Form 4 records share withholding by the issuer at a price of $0, indicating retained shares to satisfy tax obligations rather than a public sale.

How many PAY shares does the reporting person beneficially own after the transaction?

After the withholding transaction, the reporting person beneficially owns 102,824 shares of Class A common stock.

Under what plan were the shares withheld for PAY?

The shares were withheld in connection with the vesting of restricted stock units under Paymentus Holdings 2021 Equity Incentive Plan.

When was the Form 4 signed and filed?

The Form 4 was signed by Andrew A. Gerber on 08/18/2025 documenting the 08/15/2025 transaction.