Form 4: Paymentus Holdings CFO Sanjay Kalra Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Sanjay Kalra, SVP and CFO of Paymentus Holdings, disposed of 13,991 shares of Class A Common Stock on March 10, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 10, 2025, Sanjay Kalra, the SVP and CFO of Paymentus Holdings, Inc., disposed of 13,991 shares of Class A Common Stock.
- The transaction was executed to cover tax withholding obligations associated with the vesting of restricted stock units under the company's 2021 Equity Incentive Plan.
- The shares were disposed of at a price of $26.36 per share.
- Following the transaction, Kalra directly owns 452,044 shares of Paymentus Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't necessarily indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of executive compensation and are closely watched by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of the transaction where Sanjay Kalra disposed of shares to cover tax obligations. |
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