Paymentus director adds 329K shares in restructuring

Paymentus Holdings, Inc. (PAY) reported that director Jason Klein had indirect acquisitions related to an internal equity restructuring.

Rhea-AI Filing Summary

Paymentus Holdings, Inc. (PAY) reported that director Jason Klein had indirect acquisitions related to an internal equity restructuring. On 2026-08-17, entities affiliated with him received 328,915 shares of Class B Common Stock and 950 shares of Class A Common Stock in a pro rata distribution from funds affiliated with Accel‑KKR, with the acquisition described as exempt under Rule 16a-9(a). The distributed shares are held indirectly through The Jason and Farah Klein Revocable Trust, and Klein now indirectly holds 2,499,918 Class B shares and 950 Class A shares. The Class B stock is convertible at any time into an equal number of Class A shares and has no expiration date.

Insider Trade Summary

Other: 329,865 shares

Other 2 txns

Insider Klein Jason

Role Director

Type	Security	Shares	Price	Value
Other	Class B Common Stock F3, F1, F2	328,915	$0.00	$0.00
Other	Class A Common Stock F1, F2	950	$0.00	$0.00

Holdings After Transaction: Class B Common Stock — 2,499,918 contracts (Indirect, See footnote); Class A Common Stock — 950 shares (Indirect, See footnote)

Footnotes (3)

1. F1. Shares received in a pro rata distribution from funds affiliated with Accel-KKR. The acquisition of such shares was exempt pursuant to Rule 16a-9(a) under the Securities Exchange Act of 1934, as amended.
2. F2. Shares held by The Jason and Farah Klein Revocable Trust dtd 1/27/2011.
3. F3. Class B Common Stock is convertible at any time, at the holder's election and automatically in connection with certain transfers and upon certain other events, into an equal number of shares of Class A Common Stock and has no expiration date.

Key Figures

Class B shares acquired in distribution: 328,915 shares Class A shares acquired in distribution: 950 shares Indirect Class B holdings after transaction: 2,499,918 shares +2 more

5 metrics

Class B shares acquired in distribution 328,915 shares Class B Common Stock received indirectly on 2026-08-17 in a pro rata distribution

Class A shares acquired in distribution 950 shares Class A Common Stock received indirectly on 2026-08-17 in a pro rata distribution

Indirect Class B holdings after transaction 2,499,918 shares Total Class B Common Stock indirectly held following the restructuring transaction

Indirect Class A holdings after transaction 950 shares Total Class A Common Stock indirectly held following the restructuring transaction

Restructuring-related shares 329,865 shares Total shares involved in restructuring transactions reported on this Form 4

Key Terms

pro rata distribution, Rule 16a-9(a), Class B Common Stock, convertible

4 terms

pro rata distribution financial

"Shares received in a pro rata distribution from funds affiliated with Accel-KKR"

A pro rata distribution is when a company or organization shares out money, assets, or benefits evenly among all eligible people based on their size or share. For example, if a company makes a profit and distributes it to shareholders, each person gets a portion proportional to how many shares they own. It ensures everyone gets their fair part based on their ownership or stake.

Rule 16a-9(a) regulatory

"The acquisition of such shares was exempt pursuant to Rule 16a-9(a)"

Class B Common Stock financial

"Class B Common Stock is convertible at any time, at the holder's election"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

convertible financial

"Class B Common Stock is convertible at any time, at the holder's election"

A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did PAY director Jason Klein report on 2026-08-17?

Klein reported indirect acquisitions tied to an equity restructuring. Entities affiliated with him received 328,915 Class B and 950 Class A Paymentus (PAY) shares in a pro rata distribution from funds affiliated with Accel‑KKR, described as exempt under Rule 16a-9(a).

How many Paymentus (PAY) Class B shares does Jason Klein indirectly own after this Form 4?

After the reported transactions, Klein indirectly owns 2,499,918 shares of Class B Common Stock. These shares are held through a revocable trust associated with him, reflecting holdings following a pro rata distribution from funds affiliated with Accel‑KKR under Rule 16a-9(a).

What Class A Common Stock holdings were reported for Jason Klein in PAY?

The filing shows an indirect holding of 950 shares of Class A Common Stock for Klein after the restructuring transaction. These Class A shares were received in the same pro rata distribution and are held through The Jason and Farah Klein Revocable Trust associated with him.

How are the new Paymentus (PAY) shares held for Jason Klein?

The newly reported shares are held indirectly through The Jason and Farah Klein Revocable Trust dated 1/27/2011. The Form 4 notes the nature of ownership as indirect and points to this trust as the holding entity for both Class A and Class B shares.

What is the relationship between PAY Class B and Class A shares in this Form 4?

The filing states that Class B Common Stock is convertible at any time, at the holder’s election, into an equal number of Class A shares. Conversion can also occur automatically in connection with certain transfers and other events, and the Class B shares have no expiration date.

Why was the Paymentus (PAY) share acquisition by Jason Klein’s affiliated entities exempt?

The acquisition is described as exempt under Rule 16a-9(a) of the Exchange Act. The shares were received in a pro rata distribution from funds affiliated with Accel‑KKR, which the footnote identifies as qualifying for this specific exemption from certain reporting or short-swing profit rules.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/19/2026 - 08:34 PM EDT Accepted by SEC EDGAR 08/19/2026 - 08:34 PM EDT Learn about SEC filing dates

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^*

Klein Jason

(Last) (First) (Middle)

C/O ACCEL-KKR

2180 SAND HILL ROAD, SUITE 300

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Paymentus Holdings, Inc. [ PAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/17/2026		J(1)	V	950	A	$0(1)	950	I	See footnote(2)

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
Class B Common Stock	(3)	08/17/2026		J(1)	V	328,915		(3)	(3)	Class A Common Stock	328,915	$0(1)	2,499,918	I	See footnote(2)

Explanation of Responses:

1. Shares received in a pro rata distribution from funds affiliated with Accel-KKR. The acquisition of such shares was exempt pursuant to Rule 16a-9(a) under the Securities Exchange Act of 1934, as amended.

2. Shares held by The Jason and Farah Klein Revocable Trust dtd 1/27/2011.

3. Class B Common Stock is convertible at any time, at the holder's election and automatically in connection with certain transfers and upon certain other events, into an equal number of shares of Class A Common Stock and has no expiration date.

	/s/ Jason Klein	08/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)