Paymentus Holdings (PAY) CEO keeps 1.44M shares after tax withholding
Rhea-AI Filing Summary
Paymentus Holdings, Inc. (PAY) reported insider activity by Chairman, President and CEO Dushyant Sharma. On 2026-08-15, Sharma had 27,054 shares of Class A Common Stock withheld by the issuer to satisfy tax withholding obligations arising from the vesting of restricted stock units under the 2021 Equity Incentive Plan. After this tax-related withholding, he held 1,444,357 Class A shares directly, plus an additional 1 share held indirectly through Ashigrace LLC, over which he has sole voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,054 shares
Net Sell
2 txns
Insider
Sharma Dushyant
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 27,054 | $0.00 | $0.00 |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,444,357 shares (Direct);
Class A Common Stock — 1 shares (Indirect, See Explanation of Responses)
Footnotes (2)
- F1. 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.
- F2. Represents securities held directly by Ashigrace LLC. Dushyant Sharma is the sole manager of Ashigrace LLC and has sole voting and dispositive power with respect to the securities held by Ashigrace LLC.
Key Figures
Shares withheld for taxes: 27,054 shares
Direct holdings after transaction: 1,444,357 shares
Indirect holdings after transaction: 1 share
+2 more
5 metrics
Shares withheld for taxes
27,054 shares
Class A Common Stock withheld on 2026-08-15 to cover tax obligations on RSU vesting
Direct holdings after transaction
1,444,357 shares
Class A Common Stock directly owned by Dushyant Sharma following the tax-withholding transaction
Indirect holdings after transaction
1 share
Class A Common Stock held indirectly through Ashigrace LLC after the reported transactions
Tax-related code F transactions
1 transaction
Number of exercise price or tax liability transactions in the transaction summary
Shares used for exercise price or tax liability
27,054 shares
Total shares applied to exercise price or tax liability per transaction summary
Key Terms
restricted stock units, 2021 Equity Incentive Plan, withholding of shares, dispositive power
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units under the issuer's 2021 Equity"
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.
2021 Equity Incentive Plan financial
"vesting of restricted stock units under the issuer's 2021 Equity Incentive Plan"
dispositive power financial
"has sole voting and dispositive power with respect to the securities held"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
What insider transaction did PAY report for Dushyant Sharma on this Form 4?
Paymentus reported that 27,054 shares of Class A Common Stock were withheld on 2026-08-15 to cover tax withholding obligations from vested restricted stock units under the 2021 Equity Incentive Plan.
What is the role of Ashigrace LLC in Dushyant Sharma’s PAY holdings?
Ashigrace LLC holds 1 share of Paymentus Class A Common Stock indirectly for Sharma. He is the sole manager of Ashigrace LLC and has sole voting and dispositive power over those securities.
What does transaction code F mean in the PAY Form 4 filing?
Transaction code F indicates payment of tax liability by delivering or withholding securities. Here, Paymentus withheld 27,054 shares to satisfy taxes on vested restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
