Paymentus Holdings Inc SEC Filings

Thomas C. Barnds, a director affiliated with Accel-KKR, reported a series of in-kind pro rata distributions of Class B common stock on 09/03/2025 to related partnership entities and partners without consideration. The Form 4 shows multiple distributions (transaction code J) converting Class B shares into Class A shares for recordkeeping, with specific transfers of 3,602,968, 180,352, 151,676, 5,084, and 59,920 shares reported to various Accel-KKR entities. Post-transaction indirect beneficial ownership totals are reported for each affiliated vehicle, including totals such as 28,601,221, 1,544,110, and 1,204,039, and aggregate holdings noted across the reporting persons and a trust.

Accel-KKR-related entities reported an internal in-kind distribution of Paymentus Holdings shares on 09/03/2025. The filing shows multiple Accel-KKR funds and vehicles converting or reclassifying Class B into Class A shares via a J code transaction described as an in-kind pro rata distribution to partners. As a result, Accel-KKR-affiliated holders report large beneficial ownership positions, including 28,601,221 Class A shares attributed to one reporting group and additional six- and seven-figure holdings across related entities. The filings clarify voting and investment power resides with Accel-KKR GP/management entities and note that Mr. Palumbo and Mr. Barnds separately reported their interests.

Robert Palumbo, a director and 10% owner of Paymentus Holdings, Inc. (PAY), reported changes in beneficial ownership on a Form 4 covering transactions dated 09/03/2025. The filing shows multiple in-kind pro rata distributions (Transaction Code J) converting or reallocating Class B Common Stock into Class A shares among affiliated Accel-KKR entities and partners. Key reported movements include 3,602,968 Class B shares converted to Class A for Accel-KKR Capital Partners CV III, LP; smaller distributions to other Accel-KKR funds totaling ≈4.74 million Class A shares held indirectly by related entities; and consolidated indirect and direct holdings reported across several Accel-KKR vehicles. The Form discloses that Class B shares are convertible into Class A on a one-for-one basis and that the distributions were in-kind and without consideration.

Adam Malinowski, a director of Paymentus Holdings, Inc. (PAY), received 13,295 shares of Class B Common Stock on 09/03/2025 as a pro rata distribution from funds affiliated with Accel-KKR. The Form 4 reports the acquisition was exempt under Rule 16a-9(a) and is coded with transaction code J. Class B shares are convertible at the holder's election (and automatically in certain events) into an equal number of Class A Common Stock and carry no expiration date. Following the reported transaction, the filing shows Mr. Malinowski beneficially owns 161,677 shares (direct). The Form 4 was signed by an attorney-in-fact on 09/05/2025.

Jason Klein, a director of Paymentus Holdings, Inc. (PAY), received 146,468 shares of Class B common stock on 09/03/2025 as a pro rata distribution from funds affiliated with Accel-KKR. Class B shares are convertible into an equal number of Class A shares and have no expiration date, and the acquisition was reported as exempt under Rule 16a-9(a). Following the transaction, Mr. Klein beneficially owns 1,733,147 shares of Class A common stock indirectly through The Jason and Farah Klein Revocable Trust.

Paymentus Holdings, Inc. (PAY) Form 4 shows insider stock distributions and related beneficial ownership disclosures by Robert Palumbo and affiliated Accel-KKR entities. On 08/26/2025 the filing reports in-kind, pro rata distributions of Class B Common Stock that are convertible into Class A Common Stock. The schedule lists specific share movements: 3,602,968 Class B shares (reported as Class A equivalent) related to Accel-KKR Capital Partners CV III, LP; smaller distributions to other Accel-KKR funds (180,352; 151,676; 5,084; 59,920 shares) and aggregate indirect holdings noted across affiliated entities. Footnotes explain the conversion feature of Class B shares, the in-kind, no-consideration nature of the distributions, and the reporting structure showing voting and investment power held through a series of Accel-KKR entities. The form is signed by Robert Palumbo (with Thomas C. Barnds as attorney-in-fact) on 08/28/2025.

Thomas C. Barnds, a director affiliated with Accel-KKR, reported changes in beneficial ownership of Paymentus Holdings, Inc. (PAY) on Form 4 dated 08/26/2025 and signed 08/28/2025. The filing shows in-kind pro rata distributions of Class B common stock among multiple Accel-KKR-related entities, resulting in reported holdings converted or reported as Class A common stock equivalents. Specific reported movements include 3,602,968 Class B shares (reported as 3,602,968 Class A equivalent shares) for Accel-KKR Capital Partners CV III, LP and smaller distributions to other Accel-KKR entities (for example, 180,352, 151,676, 59,920, 5,084). The filing discloses that Class B shares are convertible into Class A on a one-for-one basis and that the distributions were in-kind, pro rata, without consideration. The report lists total indirect and direct holdings across related entities and notes certain shares held by the Barnds Living Trust.

Paymentus Holdings (PAY) Form 4: Director Adam Malinowski reported receipt of 13,312 shares of Class B Common Stock on 08/26/2025 in a pro rata distribution from funds affiliated with Accel-KKR. Class B shares are convertible into an equal number of Class A shares and have no expiration. Following the reported transaction, Malinowski directly beneficially owned 148,382 shares of Class A Common Stock. The acquisition was reported as exempt under Rule 16a-9(a). The filing was signed by an attorney-in-fact on 08/28/2025.

Jason Klein, a director of Paymentus Holdings, Inc. (PAY), reported an acquisition of Class B Common Stock on 08/26/2025. He received 146,675 shares of Class B Common Stock in a pro rata distribution from funds affiliated with Accel-KKR; these shares were acquired at $0 and were exempt from Section 16 reporting under Rule 16a-9(a). Class B shares convert one-for-one into Class A Common Stock and have no expiration. Following the transaction, Mr. Klein beneficially owns 1,586,679 shares indirectly through the Jason and Farah Klein Revocable Trust dated 1/27/2011. The Form 4 was signed and dated 08/28/2025.