Paymentus CEO covers taxes with 27,054 withheld shares

Paymentus Holdings, Inc. director and CEO Dushyant Sharma reported a tax-related share disposition tied to equity compensation.

Rhea-AI Filing Summary

Paymentus Holdings, Inc. director and CEO Dushyant Sharma reported a tax-related share disposition tied to equity compensation. The company withheld 27,054 shares of Class A Common Stock to cover tax obligations arising from the vesting of restricted stock units under its 2021 Equity Incentive Plan. After this withholding, Sharma holds 1,471,411 Class A shares directly and 1 additional share indirectly through Ashigrace LLC, over which he has sole voting and dispositive power. This filing reflects routine tax withholding rather than an open-market trade.

Insider Trade Summary

Exercise Price or Tax Liability: 27,054 shares

Exercise Price or Tax Liability 2 txns

Insider Sharma Dushyant

Role Chairman, President and CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	27,054	$0.00	$0.00
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 1,471,411 shares (Direct); Class A Common Stock — 1 shares (Indirect, See Explanation of Responses)

Footnotes (2)

1. 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.
2. 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: 1,471,411 shares Indirect holdings via Ashigrace LLC: 1 share

3 metrics

Shares withheld for taxes 27,054 shares Tax withholding on RSU vesting under 2021 Equity Incentive Plan

Direct holdings after transaction 1,471,411 shares Class A Common Stock held directly by CEO after withholding

Indirect holdings via Ashigrace LLC 1 share Class A Common Stock held indirectly with sole voting and dispositive power

Key Terms

restricted stock units, 2021 Equity Incentive Plan, tax withholding obligations, dispositive power

4 terms

restricted stock units financial

"tax withholding obligations in connection with the vesting of restricted stock units under the issuer's 2021 Equity Incentive Plan"

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"

tax withholding obligations financial

"withholding of shares by the issuer to cover tax withholding obligations in connection with the vesting"

dispositive power financial

"has sole voting and dispositive power with respect to the securities held by Ashigrace LLC"

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 Paymentus (PAY) report for CEO Dushyant Sharma?

Paymentus reported that CEO Dushyant Sharma had 27,054 Class A shares withheld to cover tax obligations from restricted stock unit vesting. This was a tax-withholding disposition by the issuer, not an open-market purchase or sale by Sharma.

How many Paymentus (PAY) shares does CEO Dushyant Sharma hold after this Form 4?

After the reported tax withholding, Dushyant Sharma holds 1,471,411 Class A Common shares directly. He also holds 1 additional share indirectly through Ashigrace LLC, where he has sole voting and dispositive power over those securities.

What is the purpose of the 27,054 Paymentus (PAY) shares withheld in this filing?

The 27,054 Paymentus shares were withheld by the company to satisfy tax withholding obligations arising from the vesting of restricted stock units. This mechanism settles taxes due on equity compensation without the executive executing open-market stock sales.

How is Ashigrace LLC related to Dushyant Sharma’s Paymentus (PAY) holdings?

Ashigrace LLC holds 1 Paymentus Class A share indirectly for Dushyant Sharma. He is the sole manager of Ashigrace LLC and has sole voting and dispositive power over the securities held by that entity, according to the Form 4 footnotes.

Does this Paymentus (PAY) Form 4 indicate an open-market sale by the CEO?

No, the Form 4 shows a tax-withholding disposition coded “F,” where the issuer withheld 27,054 shares to cover tax liabilities on vested restricted stock units. It does not report any open-market purchases or sales by the CEO.

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

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Accepted by SEC EDGAR 05/18/2026 - 04:28 PM 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^*

Sharma Dushyant

(Last) (First) (Middle)

11605 N. COMMUNITY HOUSE ROAD

SUITE 300

(Street)

CHARLOTTE NORTH CAROLINA 28277

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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	05/15/2026		F(1)		27,054	D	$0	1,471,411	D
Class A Common Stock								1	I	See Explanation of Responses(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

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.

2. 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.

	/s/ Meredith P. Burbank, Attorney-in-Fact	05/18/2026
	** 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)