Form 4: Paymentus Holdings Director William Ingram Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Director William Ingram sold 11,409 shares of Paymentus Holdings, Inc. to cover tax withholding obligations related to vesting restricted stock units.
Summary
- William Ingram, a director of Paymentus Holdings, Inc., sold 11,409 shares of Class A Common Stock on May 12, 2025.
- The sale was executed to cover tax withholding obligations associated with the vesting and settlement of restricted stock units under the company's 2021 Equity Incentive Plan.
- The shares were sold at a weighted average price of $38.0091, with individual transactions ranging from $37.94 to $38.17.
- Following the transaction, Ingram directly owns 73,963 shares of Paymentus Holdings, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and directors.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of stock sale transaction |
| 05/13/2025 | Date of signature on the Form 4 filing |
Keywords
Paymentus Holdings, PAY, William Ingram, Form 4, Director, Stock Sale, Tax Obligations, Restricted Stock Units, Equity Incentive Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.