Form 4: Paymentus Holdings Executive Gerber Reports Tax-Related Share Withholding
SEC Form 4 Filing
Andrew A. Gerber, General Counsel and Secretary of Paymentus Holdings, Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 15, 2025, Andrew A. Gerber, General Counsel and Secretary of Paymentus Holdings, Inc., had 2,893 shares of Class A Common Stock withheld by the issuer to cover tax obligations.
- This withholding occurred in connection with the vesting of restricted stock units under the company's 2021 Equity Incentive Plan.
- Following the transaction, Gerber directly owns 106,400 shares of Paymentus Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of tax withholding related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax-related withholding.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Share withholding for tax obligations. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Paymentus Holdings, PAY, Andrew Gerber, Share Withholding, Tax Obligations, Restricted Stock Units, Equity Incentive Plan, Beneficial Ownership, General Counsel, Secretary
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