Wasatch Advisors Discloses 4.69M Paymentus Shares (10.4%)

Rhea-AI Filing Summary

Wasatch Advisors LP filed a Schedule 13G disclosing beneficial ownership of 4,694,109 shares of Paymentus Holdings Inc (COM CL A, CUSIP 70439P108), representing 10.4% of the class. Wasatch reports sole voting power over 3,368,638 shares and sole dispositive power over the full 4,694,109 shares. The filing states the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The statement is signed by Mike Yeates, CEO of Wasatch, dated 10/07/2025.

Positive

• Significant institutional backing: Wasatch holds 10.4% (4,694,109 shares) which signals material investor interest
• Clear voting/dispositive authority: Sole voting power on 3,368,638 shares and sole dispositive power on 4,694,109 shares

Negative

• Concentration risk: A single institutional holder owns over 10% of the class, which could amplify share-price moves if sold
• Passive classification only: The Schedule 13G indicates the stake is passive; no governance engagement is disclosed which limits visible strategic alignment

Insights

Institutional Ownership Analyst

Wasatch holds a material passive stake of 10.4% in Paymentus.

Holding just over 10% of a voting class typically makes an investor one of the larger shareholders but not a controlling holder; Wasatch discloses sole voting power for 3,368,638 shares and sole dispositive power for 4,694,109 shares, which confirms direct control over trading decisions for its position.

This filing classifies the position as passive under Schedule 13G and the filer certifies the stake is held in the ordinary course of business and not to influence control. Monitor any future amendments or Schedule 13D filings, which would indicate active intent to influence governance; absent that, this is a significant, yet passive, institutional holding as of 09/30/2025.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Paymentus Holdings Inc

(Name of Issuer)

COM CL A

(Title of Class of Securities)

70439P108

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 70439P108

1

Names of Reporting Persons

Wasatch Advisors LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,368,638.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,694,109.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,694,109.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.4 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Paymentus Holdings Inc
(b)	Address of issuer's principal executive offices: 11605 N. COMMUNITY HOUSE ROAD, SUITE 300, CHARLOTTE, NC, 28277
Item 2.
(a)	Name of person filing: Wasatch Advisors LP
(b)	Address or principal business office or, if none, residence: 505 Wakara Way, 3rd Floor, Salt Lake City, 84108, United States
(c)	Citizenship: DELAWARE
(d)	Title of class of securities: COM CL A
(e)	CUSIP No.: 70439P108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4,694,109
(b)	Percent of class: 10.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 3,368,638
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4,694,109
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Wasatch Advisors LP

Signature:	Mike Yeates
Name/Title:	CEO
Date:	10/07/2025

FAQ

Who filed the Schedule 13G for Paymentus (PAY)?

Wasatch Advisors LP filed the Schedule 13G and certified the filing; signature by Mike Yeates, CEO is dated 10/07/2025.

How many Paymentus (PAY) shares does Wasatch own and what percent is that?

Wasatch reports ownership of 4,694,109 shares, representing 10.4% of the class.

Does Wasatch have voting control over its Paymentus (PAY) stake?

Yes. Wasatch reports sole voting power for 3,368,638 shares and sole dispositive power for 4,694,109 shares.

Is Wasatch’s holding active or passive for Paymentus (PAY)?

The filing is a Schedule 13G, which classifies the position as passive and states it was not acquired to influence control.

What date does the ownership statement cover for Paymentus (PAY)?

The event date requiring the filing is listed as 09/30/2025.