Paymentus Holdings Inc SEC Filings

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.

Accel-KKR and related funds reported an in-kind, pro rata distribution of Paymentus Holdings Class B common stock on 08/26/2025. The filing states Class B shares are convertible into an equal number of Class A shares and have no expiration. Multiple Accel-KKR entities reported receipt or ownership changes from that distribution, with reported beneficial ownership figures including 3,602,968 Class A-equivalent shares resulting in 32,204,189 shares beneficially owned by one reporting entity and additional holdings reported for other Accel-KKR vehicles (for example, 180,352, 151,676, 59,920 and smaller amounts). The filing clarifies voting and investment power is exercised through a network of Accel-KKR management entities and that partners received shares without consideration.

Adam Malinowski, a director of Paymentus Holdings, Inc. (PAY), received 13,278 shares of Class B Common Stock on 08/20/2025 via a pro rata distribution from funds affiliated with Accel-KKR. Class B shares are convertible into an equal number of Class A shares at any time and carry no expiration. The reported acquisition was exempt under Rule 16a-9(a). After the transaction, Mr. Malinowski beneficially owned 135,070 shares, reported on a Form 4 filed with a signature dated 08/22/2025.

Thomas C. Barnds, a director of Paymentus Holdings, Inc. (PAY), reported on Form 4 an in-kind, pro rata distribution of Class B common stock to certain Accel-KKR-related funds and entities on 08/20/2025. The filing shows multiple allocations: 3,602,968 Class B shares associated with Accel-KKR Capital Partners CV III, LP; additional smaller allocations to other Accel-KKR funds totaling millions of Class A-equivalent shares when converted. The filing discloses that Class B shares are convertible into an equal number of Class A shares and that the distributions were made without consideration.

Jason Klein, a director of Paymentus Holdings, Inc. (PAY), reported a change in beneficial ownership dated 08/20/2025. Mr. Klein received 145,863 shares of Class B common stock in a pro rata distribution from funds affiliated with Accel-KKR; the acquisition was exempt under Rule 16a-9(a). Class B shares are convertible into an equal number of Class A shares and have no expiration date. Following the reported transaction, 1,440,004 shares of Class A common stock are shown as indirectly beneficially owned through The Jason and Farah Klein Revocable Trust. The Form 4 was signed and dated 08/22/2025.

Robert Palumbo, reporting as a director and 10% owner through Accel-KKR-related entities, filed a Form 4 disclosing transactions in Paymentus Holdings, Inc. (PAY) on 08/20/2025. The filing shows in-kind pro rata distributions that resulted in conversion or reclassification of Class B Common Stock into Class A Common Stock across multiple Accel-KKR entities.

Key reported amounts include distributions/conversions of 3,602,968, 180,352, 151,676, 5,084, and 59,920 Class B shares into corresponding Class A shares for specific funds, and aggregate reported beneficial holdings shown as 4,097,641, 568,805 and a total of 4,616,154 shares in another line item. Footnotes state these were in-kind pro rata distributions and that the Class B shares are convertible into an equal number of Class A shares.

Accel-KKR affiliates reported an in-kind pro rata distribution of Paymentus Holdings Class B common stock on 08/20/2025. Multiple Accel-KKR entities reported transfers (Transaction Code J) converting or distributing Class B shares into Class A shares for partners without consideration. Reported amounts distributed include 3,602,968; 180,352; 151,676; 5,084; and 59,920 Class B shares, and post-transaction beneficial ownership figures are shown for each entity (for example, 35,807,157 Class A shares reported for one reporting entity). The filing clarifies the complex ownership and voting relationships among Accel-KKR entities and notes that Class B shares are convertible into an equal number of Class A shares.

Insider tax-withholding reduced the reporting person's stake in Paymentus Holdings. The Form 4 shows that Dushyant Sharma, who serves as Chairman, President and CEO and is reported as a 10% owner, disposed of 27,054 shares of Class A common stock on 08/15/2025 through a transaction coded F, which the filer explains was the issuer withholding shares to satisfy tax withholding on vested restricted stock units. After the withholding, Mr. Sharma (directly and indirectly via Ashigrace LLC) beneficially owns 1,072,946 shares. Ashigrace LLC is owned and solely managed by Mr. Sharma and holds shares indirectly for him.

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.