Paymentus Holdings (PAY) CEO awarded 480,000 RSUs of Class A stock

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Paymentus Holdings, Inc. Chairman, President and CEO Dushyant Sharma reported an equity award of Class A common stock. On April 7, 2026, he received 480,000 restricted stock units (RSUs) under the company’s 2021 Equity Incentive Plan at no purchase price.

Each RSU converts into one share of Class A common stock when it vests, subject to his continued service. One fifth of the RSUs will vest on April 7, 2027, with an additional one twentieth vesting on each Quarterly Vesting Date starting August 15, 2027, on February 15, May 15, August 15 and November 15.

Following this award, Sharma holds 1,498,465 shares of Class A common stock directly and 1 share indirectly through Ashigrace LLC, where he has sole voting and dispositive power.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Sharma Dushyant

Role Chairman, President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	480,000	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 1,498,465 shares (Direct); Class A Common Stock — 1 shares (Indirect, See Explanation of Responses)

Footnotes (1)

Represents an equal number of restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan. Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests, subject to continued service of the reporting person through the applicable vesting date. One fifth of the RSUs will vest on April 7, 2027, and one twentieth of the RSUs will vest on a quarterly basis thereafter on each Quarterly Vesting Date beginning on August 15, 2027. Quarterly Vesting Dates with respect to any calendar year means February 15, May 15, August 15 and November 15. Represents securities held directly by Ashigrace LLC. Dushyant Sharma is the sole manager of Ashigrace LLC and has sole voting and dipositive power with respect to the securities held by Ashigrace LLC.

Key Figures

RSUs granted: 480,000 RSUs Grant price: $0.0000 per share Direct holdings after grant: 1,498,465 shares +3 more

6 metrics

RSUs granted 480,000 RSUs Equity award on April 7, 2026 under 2021 Equity Incentive Plan

Grant price $0.0000 per share Price per share for RSU grant on April 7, 2026

Direct holdings after grant 1,498,465 shares Class A common stock directly owned following reported transactions

Indirect holdings after grant 1 share Class A common stock indirectly owned through Ashigrace LLC

Initial vesting date April 7, 2027 One fifth of RSUs vest on this date, subject to continued service

Quarterly vesting start August 15, 2027 One twentieth of RSUs vest on each Quarterly Vesting Date starting then

Key Terms

restricted stock units, RSUs, 2021 Equity Incentive Plan, Quarterly Vesting Dates, +1 more

5 terms

restricted stock units financial

"Represents an equal number of restricted stock units ("RSUs") granted pursuant"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"Each RSU represents the right to receive a share of the Issuer's Class A"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

2021 Equity Incentive Plan financial

"RSUs granted pursuant to the Issuer's 2021 Equity Incentive Plan."

Quarterly Vesting Dates financial

"Quarterly Vesting Dates with respect to any calendar year means February 15,"

voting and dipositive power financial

"has sole voting and dipositive power with respect to the securities held"

Form 4 Insider Transactions: What Each Field Means →

04/08/2026 - 04:32 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sharma Dushyant

(Last)

(First)

(Middle)

11605 N. COMMUNITY HOUSE ROAD

SUITE 300

(Street)

CHARLOTTE

NORTH CAROLINA

28277

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Paymentus Holdings, Inc. [ PAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/07/2026		A⁽¹⁾		480,000	A	$0	1,498,465	D
Class A Common Stock								1	I	See Explanation of Responses⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents an equal number of restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan. Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests, subject to continued service of the reporting person through the applicable vesting date. One fifth of the RSUs will vest on April 7, 2027, and one twentieth of the RSUs will vest on a quarterly basis thereafter on each Quarterly Vesting Date beginning on August 15, 2027. Quarterly Vesting Dates with respect to any calendar year means February 15, May 15, August 15 and November 15.

2. Represents securities held directly by Ashigrace LLC. Dushyant Sharma is the sole manager of Ashigrace LLC and has sole voting and dipositive power with respect to the securities held by Ashigrace LLC.

	/s/ Meredith P. Burbank, Attorney-in-Fact	04/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Paymentus (PAY) report for Dushyant Sharma?

Paymentus reported that Chairman, President and CEO Dushyant Sharma received 480,000 restricted stock units of Class A common stock as an equity award. The RSUs were granted under the 2021 Equity Incentive Plan at no purchase price, subject to future vesting conditions.

How many Paymentus (PAY) RSUs were granted to Dushyant Sharma and on what date?

Dushyant Sharma was granted 480,000 restricted stock units of Paymentus Class A common stock on April 7, 2026. These RSUs represent a right to receive shares in the future, subject to vesting and continued service with the company through specified vesting dates.

What is the vesting schedule for Dushyant Sharma’s Paymentus (PAY) RSUs?

One fifth of Sharma’s RSUs will vest on April 7, 2027, if he continues serving the company. After that, one twentieth of the RSUs will vest on each Quarterly Vesting Date beginning August 15, 2027, with Quarterly Vesting Dates defined as February 15, May 15, August 15 and November 15.

How many Paymentus (PAY) shares does Dushyant Sharma own after this Form 4?

After the reported award, Sharma directly owns 1,498,465 shares of Paymentus Class A common stock. He also has indirect ownership of 1 share held by Ashigrace LLC, an entity he manages with sole voting and dispositive power over the securities it holds.

Are Dushyant Sharma’s new Paymentus (PAY) RSUs an open-market purchase?

No, the 480,000 Paymentus RSUs reported for Dushyant Sharma are a grant or award, not an open-market purchase. The transaction code reflects a grant, and the Form 4 shows a price per share of $0.0000, indicating no cash was paid to acquire the units.