Paymentus Holdings Inc SEC Filings

Robert Palumbo, a director and reported 10% owner of Paymentus Holdings, Inc. (PAY), filed a Form 4 disclosing transactions dated 09/10/2025. The filing reports in-kind pro rata distributions (Transaction Code J) converting or distributing Class B Common Stock into Class A Common Stock across multiple Accel-KKR-related entities. Notable reported amounts include 3,602,968, 180,352, 151,676, 5,084, and 59,920 shares of Class B converted/reported as Class A. Several entity-level beneficial ownership totals are shown, including 24,998,253 shares of Class A for one entity and other totals such as 5,061,257, 761,685, and 5,961,991 for related entities. Footnotes explain these were in-kind distributions to partners without consideration and describe complex ownership and voting arrangements among Accel-KKR entities and management companies. The Form 4 is signed by Robert Palumbo and Thomas C. Barnds as attorney-in-fact.

Thomas C. Barnds, a director associated with Accel-KKR, reported distributions and conversions of Class B into Class A common stock of Paymentus Holdings, Inc. (PAY). The filing shows multiple in-kind pro rata distributions converting Class B shares to Class A, resulting in indirect holdings reported as 24,998,253 shares for one reporting entity and additional indirect holdings of 1,363,758, 1,052,363, 35,268, and 415,745 for affiliated entities. Explanatory footnotes describe the ownership and control structure among Accel-KKR entities and note that Class B shares are convertible into an equal number of Class A shares without expiration.

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.