Wasatch Advisors (PAY) discloses 8.65M-share, 13.7% stake in Paymentus
Rhea-AI Filing Summary
Wasatch Advisors filed an amended Schedule 13G reporting its beneficial ownership in Paymentus Holdings Inc. common stock. Wasatch Advisors reports beneficial ownership of 8,653,092 shares, representing 13.7% of the outstanding common stock. It has sole voting power over 5,803,302 shares and sole dispositive power over all 8,653,092 shares, with no shared voting or dispositive power. The reporting person is organized in Delaware, and the filing is signed by CEO Mike Yeates.
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Key Figures
Beneficially owned shares: 8,653,092 shares
Percent of class: 13.7%
Sole voting power: 5,803,302 shares
+3 more
6 metrics
Beneficially owned shares
8,653,092 shares
Common stock beneficially owned by Wasatch Advisors
Percent of class
13.7%
Percentage of Paymentus common stock class owned by Wasatch Advisors
Sole voting power
5,803,302 shares
Shares over which Wasatch Advisors has sole power to vote
Shared voting power
0 shares
Shares over which Wasatch Advisors has shared power to vote
Sole dispositive power
8,653,092 shares
Shares over which Wasatch Advisors has sole power to dispose
Shared dispositive power
0 shares
Shares over which Wasatch Advisors has shared power to dispose
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 8,653,092"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 5,803,302.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 8,653,092.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of class financial
"Percent of class: 13.7 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Schedule 13G regulatory
"Amended Schedule 13G reporting its beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Paymentus Holdings Inc (PAY) does Wasatch Advisors report owning?
Wasatch Advisors reports beneficial ownership of 13.7% of Paymentus Holdings Inc common stock. This corresponds to 8,653,092 shares as disclosed in the Schedule 13G/A amendment.
Who signed the Schedule 13G/A for Paymentus (PAY) on behalf of Wasatch Advisors?
The amended Schedule 13G for Paymentus was signed by Mike Yeates, identified as CEO of Wasatch Advisors. The signature section confirms his name, title, and execution date of the ownership report.