STOCK TITAN

Paymentus (NYSE: PAY) withholds 21,338 CFO shares for taxes on RSUs

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Paymentus Holdings, Inc. (PAY) reported that its SVP and CFO, Sanjay Kalra, had 21,338 shares of Class A Common Stock withheld by the company on 2026-08-15 to cover tax withholding obligations arising from the vesting of restricted stock units under the 2021 Equity Incentive Plan. After this tax-withholding disposition, Kalra directly holds 484,259 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Kalra Sanjay
Role SVP and CFO
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1 21,338 $0.00 $0.00
Holdings After Transaction: Class A Common Stock — 484,259 shares (Direct)
Footnotes (1)
  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.
Shares withheld for taxes 21,338 shares Shares of Class A Common Stock withheld on 2026-08-15 for tax withholding obligations
Shares held after transaction 484,259 shares Direct holdings of Class A Common Stock following the 2026-08-15 transaction
Transaction code Code F Payment of tax liability by delivering or withholding securities
ExercisePriceOrTaxLiabilityShares 21,338 shares Total shares reported under code F for payment of tax liability
10b5-1 plan status false Document-level Rule 10b5-1 checkbox for this Form 4
restricted stock units financial
"in connection with the vesting of restricted stock units under the issuer's 2021"
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"
withholding of shares financial
"reports the withholding of shares by the issuer to cover tax withholding"
tax withholding obligations financial
"by the issuer to cover tax withholding obligations in connection with the vesting"

FAQ

What transaction did Paymentus (PAY) report for CFO Sanjay Kalra on this Form 4?

Paymentus reported that CFO Sanjay Kalra had 21,338 shares of Class A Common Stock withheld on 2026-08-15 to cover tax withholding obligations related to vesting restricted stock units.

Did Sanjay Kalra of Paymentus (PAY) sell shares in the open market?

No. The 21,338 shares reported were withheld by the issuer to satisfy tax withholding obligations from vesting restricted stock units, not an open-market sale by Kalra.

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

After the tax-withholding disposition, CFO Sanjay Kalra directly holds 484,259 shares of Paymentus Class A Common Stock, as reported in the Form 4 following the 2026-08-15 transaction.

What was the purpose of the share withholding reported by Paymentus (PAY)?

The company states the withheld 21,338 shares covered tax withholding obligations in connection with the vesting of restricted stock units under Paymentus’s 2021 Equity Incentive Plan.

Was the Paymentus (PAY) Form 4 transaction under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnote describes the transaction as issuer share withholding for taxes on RSU vesting, not a trading-plan sale.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
15601 DALLAS PARKWAY
SUITE 600

(Street)
ADDISON TEXAS 75001

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/15/2026F(1)21,338D$0484,259D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Meredith P. Burbank, Attorney-in-Fact08/18/2026
** Signature of Reporting PersonDate
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)