Portocalis Gerasimos (Jerry) 4

What Happened

• Jerry (Gerasimos) Portocalis, Chief Commercial Officer of Paymentus Holdings, had 2,989 shares "disposed" on Feb 15, 2026 as a tax-withholding action related to the vesting of restricted stock units (RSUs). The Form 4 reports the transaction price as $0.00 and a total reported value of $0 — this reflects shares withheld by the issuer to satisfy tax obligations rather than an open-market sale.

Key Details

• Transaction date: 2026-02-15; Form 4 filed: 2026-02-17 (timely filing).
• Reported transaction type/code: F — withholding of shares to cover tax liability on vested RSUs under the 2021 Equity Incentive Plan (Footnote F1).
• Shares disposed/withheld: 2,989; reported price: $0.00; reported cash value: $0 (internal withholding, not a cash sale).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote F2 notes some shares are held of record by the Faliron Family Limited Partnership Ltd.; the reporting person has sole voting and investment power with respect to the general partner.

Context

• This was a tax-withholding event tied to RSU vesting, a routine administrative action distinct from an open-market sale or purchase. Withheld shares do not necessarily indicate insider sentiment about the stock—they simply satisfy payroll/tax obligations when equity vests. The $0.00 price in the filing reflects the issuer withholding shares rather than a market transaction.