Kalra Sanjay 4

What Happened

• Sanjay Kalra, SVP and CFO of Paymentus Holdings (PAY), had 19,816 shares withheld by the company on Feb 15, 2026 to satisfy tax withholding obligations related to vested restricted stock units (RSUs). The Form 4 reports the shares as disposed with a reported price of $0.00 (standard for issuer share-withholding transactions).

Key Details

• Transaction date: 2026-02-15; Form 4 filed: 2026-02-17 (appears timely).
• Transaction code: F (payment of exercise price or tax liability via share withholding).
• Shares withheld/disposed: 19,816; report shows $0.00 per share (issuer withholding), total reported value $0.
• Shares owned after the transaction: not specified in the summary data provided.
• Footnote: F1 — issuer withheld shares to cover tax withholding on RSU vesting.
• Filing timeliness: filing was made two days after the transaction date (generally within the required reporting window).

Context

• This was an issuer share-withholding to cover taxes on vested RSUs (a routine administrative disposition), not an open-market sale. Such tax-withholding dispositions are common and do not necessarily indicate insider sentiment about the company's stock.