Form 4: Paymentus CEO Reports Routine RSU Tax Withholding

Paymentus Holdings, Inc. CEO Dushyant Sharma reported a routine disposition of 27,054 Class A Common Stock shares for tax withholding related to restricted stock unit vesting.

Summary

• Dushyant Sharma, Chairman, President, and CEO of Paymentus Holdings, Inc. (PAY), reported a transaction on November 15, 2025.
• The transaction involved the disposition of 27,054 shares of Class A Common Stock.
• These shares were withheld by the issuer to cover tax obligations associated with the vesting of restricted stock units (RSUs) under the company's 2021 Equity Incentive Plan.
• The shares were disposed of at a price of $0, indicating a non-cash transaction for tax purposes.
• Following this transaction, Dushyant Sharma directly beneficially owns 1,045,892 shares of Class A Common Stock.
• Sharma also holds indirect beneficial ownership through Ashigrace LLC, where he is the sole manager with sole voting and dispositive power.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding related to RSU vesting, which is a neutral event with no direct positive or negative implications for the company's operational or financial performance.

Future Outlook

NA

Industry Context

This is an individual insider transaction related to executive compensation and does not directly reflect broader industry trends or competitive dynamics.

Related Party Transactions

• The transaction involves the disposition of shares by a key executive (Dushyant Sharma) to the issuer (Paymentus Holdings, Inc.) for tax withholding, which is a standard related-party dealing in the context of executive compensation and equity plans.

Stakeholder Impact

• Shareholders: Minimal impact as it is a routine tax-related transaction and does not reflect a sale for personal gain or a change in the executive's overall commitment to the company.
• Employees, Customers, Suppliers, Creditors: No direct impact.

Key Dates

Recommendation

This Form 4 reports a routine tax withholding event related to RSU vesting for a key executive. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Investors should consider this a neutral event.

Keywords

Paymentus Holdings, PAY, Dushyant Sharma, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Tax Withholding, Equity Incentive Plan, Corporate Governance