Form 4: Paymentus Director Jason Klein Reports Share Acquisition

Paymentus Holdings, Inc. Director Jason Klein reported the acquisition of 145,596 Class B Common Stock shares via a pro rata distribution.

Summary

• Jason Klein, a Director of Paymentus Holdings, Inc. (PAY), reported a change in beneficial ownership.
• Klein acquired 145,596 shares of Class B Common Stock on December 10, 2025.
• The shares were received in a pro rata distribution from funds affiliated with Accel-KKR.
• This acquisition was exempt under Rule 16a-9(a) of the Securities Exchange Act of 1934.
• Class B Common Stock is convertible at any time into an equal number of Class A Common Stock shares and has no expiration date.
• Following this transaction, Klein beneficially owns 2,171,003 derivative securities (Class B Common Stock convertible to Class A Common Stock).
• The shares are indirectly held by The Jason and Farah Klein Revocable Trust dtd 1/27/2011.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director's increased beneficial ownership, even through a distribution, can be interpreted as a sign of continued confidence in the company. However, it's not a direct market purchase, which would typically carry a stronger positive signal.

Positives

• An increase in beneficial ownership by a director, even through a distribution, can signal continued alignment with the company's long-term interests.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine disclosure of an insider transaction, specifically a change in beneficial ownership for a director. It does not provide broader industry context or competitive analysis.

Related Party Transactions

• Shares were received in a pro rata distribution from funds affiliated with Accel-KKR, an entity with which the reporting person, Jason Klein, is associated (C/O ACCEL-KKR).

Stakeholder Impact

• Shareholders may view the director's increased beneficial ownership as a positive signal of management's alignment with shareholder interests, potentially fostering confidence.

Key Dates

Keywords

Paymentus Holdings, PAY, Jason Klein, Form 4, Insider Transaction, Beneficial Ownership, Class B Common Stock, Accel-KKR, Director