Gerber Andrew A. 4
4 · Paymentus Holdings, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Paymentus (PAY) GC Andrew Gerber Receives RSU Award
What Happened
- Andrew A. Gerber, General Counsel and Secretary of Paymentus Holdings, received an award of 23,274 restricted stock units (RSUs) on March 9, 2026. The grant was reported on a Form 4 filed March 11, 2026. The award was recorded at $0.00 per share at grant (code A — grant/award/acquisition).
Key Details
- Transaction date: March 9, 2026; Form 4 filed: March 11, 2026 (timely filing).
- Grant size and price: 23,274 RSUs granted at $0.00 (no immediate cash value recorded at grant).
- Plan: Award made under the Issuer’s 2021 Equity Incentive Plan.
- Vesting: One-fifth of the RSUs vest on March 9, 2027; thereafter, one-twentieth vests quarterly on each Quarterly Vesting Date (Feb 15, May 15, Aug 15, Nov 15), beginning August 15, 2027 (see footnote F1).
- Shares owned after transaction: not specified in the provided filing summary.
- No 10b5-1 plan, tax-withholding, or immediate sale noted in the provided details.
Context
- RSUs are a form of compensation that convert into actual shares only when they vest; this grant does not represent an immediate open-market purchase or sale. Such grants are common executive compensation and do not by themselves indicate a buy or sell decision by the insider. When RSUs vest and are converted to shares, any subsequent sale would be reported separately.
Insider Transaction Report
Form 4
Gerber Andrew A.
General Counsel and Secretary
Transactions
- Award
Class A Common Stock
[F1]2026-03-09+23,274→ 118,619 total
Footnotes (1)
- [F1]Represents an equal number of restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan. Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests, subject to continued service of the reporting person through the applicable vesting date. One fifth of the RSUs will vest on March 9, 2027, and one twentieth of the RSUs will vest on a quarterly basis thereafter on each Quarterly Vesting Date beginning on August 15, 2027. Quarterly Vesting Dates with respect to any calendar year means February 15, May 15, August 15 and November 15.
Signature
/s/ Andrew A. Gerber|2026-03-11