Paymentus (NYSE: PAY) director receives 33K shares in $0 stock distribution
Rhea-AI Filing Summary
Paymentus Holdings, Inc. (PAY) director Gregory Hyde Williams reported receiving 33,145 shares of Class A Common Stock on August 17, 2026 in an "other" acquisition transaction. The shares were received in a pro rata distribution from funds affiliated with Accel-KKR, and the acquisition was reported as exempt under Rule 16a-9(a) under the Securities Exchange Act of 1934. Following this distribution, Williams directly holds 165,826 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 33,145 shares
Net Buy
1 txn
Insider
Williams Gregory Hyde
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1 | 33,145 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 165,826 shares (Direct)
Footnotes (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.
Key Figures
Shares acquired: 33,145 shares
Shares owned after transaction: 165,826 shares
Reported transaction price per share: $0.00
+1 more
4 metrics
Shares acquired
33,145 shares
Class A Common Stock received in a pro rata distribution on 2026-08-17
Shares owned after transaction
165,826 shares
Direct holdings of Class A Common Stock following the distribution
Reported transaction price per share
$0.00
Per-share value shown for the 33,145 distributed shares
Restructuring-related shares
33,145 shares
Shares attributed to a restructuring-type event (code J) in transaction summary
Key Terms
pro rata distribution, Rule 16a-9(a), Securities Exchange Act of 1934
3 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)"
Securities Exchange Act of 1934 regulatory
"under the Securities Exchange Act of 1934, as amended"
FAQ
What insider transaction did PAY director Gregory Hyde Williams report?
Gregory Hyde Williams reported receiving 33,145 shares of Paymentus Class A Common Stock on August 17, 2026. The shares were obtained through a pro rata distribution from funds affiliated with Accel-KKR and not through an open-market purchase or sale.
What does the transaction code J mean in Gregory Hyde Williams’ Paymentus (PAY) Form 4?
Transaction code J indicates an "other" type of acquisition or disposition. In this case, Williams received 33,145 shares in a pro rata distribution from Accel-KKR affiliated funds, not through a standard buy or sell trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.