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Paymentus (PAY) CFO RSU vesting triggers 7,372-share tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Paymentus Holdings, Inc. reported that SVP and CFO Sanjay Kalra had 7,372 shares of Class A Common Stock withheld by the company on March 13, 2026. These shares were retained by the issuer to cover tax withholding obligations tied to the vesting of restricted stock units under the 2021 Equity Incentive Plan, rather than being sold in the open market. Following this tax-withholding disposition, Kalra directly holds 553,000 shares of Paymentus Class A Common Stock.

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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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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)
03/13/2026
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 03/13/2026 F(1) 7,372 D $0 553,000 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 03/16/2026
** 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 did Paymentus (PAY) CFO Sanjay Kalra report in this Form 4 filing?

Paymentus CFO Sanjay Kalra reported a tax-withholding disposition of 7,372 shares of Class A Common Stock. The shares were withheld by the company to cover tax obligations from restricted stock unit vesting under the 2021 Equity Incentive Plan.

How many Paymentus (PAY) shares were withheld for taxes in the latest insider filing?

A total of 7,372 Paymentus Class A Common Stock shares were withheld for taxes. The issuer retained these shares to satisfy tax withholding obligations arising from the vesting of restricted stock units granted under the 2021 Equity Incentive Plan.

Was the Paymentus (PAY) CFO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 shows an F-code tax-withholding disposition where the issuer withheld 7,372 shares to cover tax liabilities from restricted stock unit vesting, rather than the CFO selling shares on the market.

How many Paymentus (PAY) shares does CFO Sanjay Kalra hold after this Form 4 event?

After this tax-withholding disposition, CFO Sanjay Kalra directly holds 553,000 shares of Paymentus Class A Common Stock. This figure reflects his direct ownership position following the 7,372 shares withheld for tax obligations on vested restricted stock units.

What equity plan is referenced in the Paymentus (PAY) CFO’s Form 4 filing?

The filing references Paymentus’ 2021 Equity Incentive Plan. The 7,372 shares were withheld by the issuer to satisfy tax withholding obligations associated with restricted stock units that vested under this equity incentive plan for the company’s executives.
Paymentus Holdings Inc

NYSE:PAY

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PAY Stock Data

3.05B
58.75M
Software - Infrastructure
Services-business Services, Nec
Link
United States
CHARLOTTE