Form 4: Paymentus Director Arun Oberoi Sells Shares to Cover Tax Obligations

Director Arun Oberoi sold 4,415 shares of Paymentus Holdings, Inc. to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On May 15, 2025, Arun Oberoi, a director of Paymentus Holdings, Inc., sold 4,415 shares of Class A Common Stock.
• The shares were sold at a weighted average price of $38.0637.
• The sale was executed to cover tax withholding obligations related to the vesting and settlement of restricted stock units under the issuer's 2021 Equity Incentive Plan.
• Following the transaction, Oberoi directly owns 28,907 shares of Paymentus Holdings, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) by a company director. It doesn't inherently indicate positive or negative sentiment regarding the company's performance or future prospects.

Industry Context

Sales of shares by company insiders are a common occurrence, often related to compensation or portfolio diversification. It's important to consider the context of the sale, such as the reason for the sale and the amount of stock still held by the insider.

Key Dates

Keywords

Form 4, Paymentus Holdings, Arun Oberoi, Stock Sale, Director, Tax Obligations, Restricted Stock Units, PAY