Paymentus Holdings Inc SEC Filings

Paymentus Holdings insider sale tied to RSU vesting — This Form 4 shows Sanjay Kalra, SVP and CFO of Paymentus Holdings, reported a disposition of 19,494 shares of Class A common stock on 08/15/2025. The filing explains these shares were withheld by the issuer to cover tax withholding obligations related to the vesting of restricted stock units under the company’s 2021 Equity Incentive Plan. Following the withholding, Mr. Kalra is reported to beneficially own 460,038 shares. The form is signed by an attorney-in-fact on 08/18/2025.

Andrew A. Gerber, General Counsel and Secretary of Paymentus Holdings, Inc. (PAY), reported that on 08/15/2025 3,576 shares of Class A common stock were withheld by the issuer to satisfy tax withholding obligations tied to the vesting of restricted stock units under the company's 2021 Equity Incentive Plan. The withholding was recorded at an effective price of $0 because shares were retained rather than sold. After the withholding, Mr. Gerber beneficially owns 102,824 shares. The Form 4 was signed on 08/18/2025.

Accel-KKR reporting persons disclose majority economic and voting positions in Paymentus Holdings, Inc. (PAY). The Accel-KKR group reports beneficial ownership of 51,918,932 Class A Shares, representing 50.37% of the Class A shares calculated on the stated denominator. Two individuals, Robert Palumbo and Thomas C. Barnds, are identified with aggregate reported holdings of 56,086,175 Class A Shares or 54.42% when their interests are aggregated as reported. The filing explains that some Class A shares are issuable upon conversion of Class B shares and that UGP holds a voting proxy over 1,235,860 Class A-equivalent shares held by KKR-AKI Investors L.L.C. The filing also discloses a Stockholders Agreement with other investors (the Sharma parties) that, if treated as a group, would total 82,958,062 Class A Shares or 66.00%, but the Reporting Persons expressly disclaim membership in that group. The statements describe the ownership structure, conversion mechanics, voting arrangements and the entities through which Accel-KKR control is exercised.

Driehaus Capital Management LLC reported beneficial ownership of 2,542,516 shares of Paymentus Holdings, Inc. (PAY), representing 7.23% of the outstanding common stock. The filing states these shares are held in numerous client accounts on a fully discretionary basis and that Driehaus has shared voting and dispositive power over the 2,542,516 shares, with no sole voting or dispositive power. The amendment notes the stake rose to 7.23% as of June 30, 2025, up from 5.87% as of March 31, 2025, crossing the 5% disclosure threshold that requires public reporting of the position.

Dushyant Sharma reports beneficial ownership of 22,704,644 shares of Paymentus (PAY), representing 33.4% of the Class A common stock on a fully-diluted basis as calculated in the filing. The aggregate includes 68,750 Class A shares underlying restricted stock units expected to vest within 60 days, 1 Class A share held by Ashigrace LLC, 17,549,795 Class B shares held by Ashigrace and 3,304,870 stock options held by Ashigrace exercisable within 60 days.

The filing discloses additional shared voting and dispositive power from the Ruma Sharma Trust (1,152,560 Class B shares) and four Sharma Family Trusts (each holding 157,167 Class B shares). The reported percentage is based on 45,348,953 Class A shares outstanding as of July 31, 2025, plus 19,331,023 shares issuable on conversion of Class B shares and 3,304,870 issuable upon exercise of options. The filing also notes a Stockholders Agreement involving AKKR Funds and KKR-AKI and states that, if treated as a group under Rule 13d-3, the Investor Parties would beneficially own 82,958,062 shares (66.0%), though Mr. Sharma disclaims membership in that group and disclaims beneficial ownership of shares held by the Sharma Family Trusts.

Capital World Investors reports beneficial ownership of 2,089,214 shares of Paymentus Holdings, Inc. common stock, representing 5.9% of the 35,178,073 shares believed outstanding. The filing states that Capital World Investors is a division of Capital Research and Management Company together with specified investment management subsidiaries and affiliates that collectively provide services under the name "Capital World Investors."

CWI reports sole voting and sole dispositive power over the 2,089,214 shares and certifies the holdings are held in the ordinary course of business and not for the purpose of changing or influencing control. The filing identifies SMALLCAP World Fund, Inc. in connection with ownership on behalf of another person.

Capital International Investors is reported as the beneficial owner of 6,108,266 shares of Paymentus Holdings, representing 17.4% of the 35,178,073 shares believed outstanding. The filing states CII (a division of Capital Research and Management Company and related investment management entities) holds sole voting and sole dispositive power over those shares, and classifies its role as an investment adviser (IA). The filing names SMALLCAP World Fund, Inc. in the context of ownership on behalf of another person and affirms the securities are held in the ordinary course of business and not to influence control of the issuer.