Form 4: Kalra Sanjay reports disposition transactions in PAY

Rhea-AI Filing Summary

Kalra Sanjay reported disposition transactions in a Form 4 filing for PAY. The filing lists transactions totaling 19,816 shares. Following the reported transactions, holdings were 420,728 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kalra Sanjay

Role SVP and CFO

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	19,816	$0.00	--

Holdings After Transaction: Class A Common Stock — 420,728 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Kalra Sanjay

(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)
	SVP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

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	02/15/2026		F(1)		19,816	D	$0	420,728	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, Attorney-in-Fact	02/17/2026
	** 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 SVP and CFO Sanjay Kalra?

Paymentus reported a Form 4 for SVP and CFO Sanjay Kalra showing a tax-related share disposition. On 02/15/2026, 19,816 Class A shares were withheld by the company to cover tax obligations tied to vesting restricted stock units.

How many Paymentus (PAY) shares does SVP and CFO Sanjay Kalra own after this Form 4?

After the reported transaction, Sanjay Kalra beneficially owns 420,728 Paymentus Class A Common shares directly. This reflects his holdings following the withholding of 19,816 shares to satisfy tax obligations from the vesting of restricted stock units granted under the 2021 Equity Incentive Plan.

Was the Paymentus (PAY) insider transaction an open-market sale by Sanjay Kalra?

The transaction was not an open-market sale. It was coded as “F,” indicating shares were withheld by Paymentus to pay tax obligations arising from vesting restricted stock units, described as a tax-withholding disposition rather than a discretionary sale into the market.

What is the purpose of the 19,816 Paymentus (PAY) shares withheld from Sanjay Kalra?

The 19,816 shares were withheld to cover tax withholding obligations. These obligations arose when restricted stock units vested under Paymentus’ 2021 Equity Incentive Plan, and the issuer retained shares instead of requiring separate cash payment for the related tax liability.

What does transaction code "F" mean in the Paymentus (PAY) Form 4 for Sanjay Kalra?

Transaction code “F” indicates a tax-withholding disposition. In this case, Paymentus withheld 19,816 shares of Class A Common Stock from Sanjay Kalra to satisfy tax liabilities connected to vesting restricted stock units, rather than him selling shares on the open market.

What role does the 2021 Equity Incentive Plan play in this Paymentus (PAY) insider filing?

The 2021 Equity Incentive Plan is the source of the restricted stock units that vested for Sanjay Kalra. When these units vested, Paymentus withheld 19,816 shares to cover related tax obligations, which is the specific event disclosed in this Form 4 insider transaction report.