Form 4: Accel-KKR's Thomas Barnds Reports Changes in Beneficial Ownership of Paymentus Holdings

Thomas Barnds, affiliated with Accel-KKR, reports changes in beneficial ownership of Paymentus Holdings, Inc. stock due to an in-kind pro rata distribution.

Summary

• Thomas Barnds, a director of Paymentus Holdings, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• The changes are primarily due to an in-kind pro rata distribution from Accel-KKR to its partners.
• Barnds indirectly owns shares through various Accel-KKR entities, including Accel-KKR Capital Partners CV III, LP, Accel-KKR Members Fund, LLC, and others.
• As of May 15, 2025, Barnds directly owns 43 shares of Class B Common Stock which are convertible to Class A Common Stock.
• He also indirectly owns millions of shares through various entities, with Accel-KKR Holdings GP, LLC having voting and investment power over these shares.
• The filing also includes shares received in distributions that were previously reported as indirectly owned.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common in the financial industry and provides transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of Paymentus Holdings, Inc.

Key Dates

Keywords

Form 4, beneficial ownership, Paymentus Holdings, Accel-KKR, Thomas Barnds, stock distribution, Class A Common Stock, Class B Common Stock