Sanjay Kalra - May 15, 2025 Form 4 Insider Report for Paymentus Holdings, Inc. (PAY)

Signature
/s/ Andrew A. Gerber, Attorney-in-Fact
Stock symbol
PAY
Transactions as of
May 15, 2025
Transactions value $
-$1,000,463
Form type
4
Date filed
5/19/2025, 04:09 PM
Previous filing
Mar 17, 2025
Next filing
Aug 18, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kalra Sanjay SVP and CFO 11605 N. COMMUNITY HOUSE RD., SUITE 300, CHARLOTTE /s/ Andrew A. Gerber, Attorney-in-Fact 2025-05-19 0001504670

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAY Class A Common Stock Tax liability $0 -16K -3.07% $0.00 505K May 15, 2025 Direct F1
transaction PAY Class A Common Stock Sale -$1M -25K -4.96% $40.02 480K May 16, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Consists of shares withheld by the issuer to cover tax withholding obligations in connection with the vesting of restricted stock units under the issuer's 2021 Equity Incentive Plan.
F2 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on December 6, 2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.12, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.