Gerber Andrew A. 4
4 · Paymentus Holdings, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Paymentus (PAY) General Counsel Gerber Withholds 3,900 Shares for Taxes
What Happened
Andrew A. Gerber, General Counsel and Secretary of Paymentus Holdings, had 3,900 shares withheld by the issuer on February 15, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The transaction is reported as a disposition under code F: 3,900 shares at $0.00, aggregate value $0 — this was a share-for-tax-withholding, not an open-market sale.
Key Details
- Transaction date: 2026-02-15; Price reported: $0.00 per share (withheld for taxes)
- Shares withheld/disposed: 3,900
- Shares owned after transaction: not specified in the provided filing (see the Form 4 for total holdings)
- Footnote: Withholding reported per issuer's 2021 Equity Incentive Plan to cover tax obligations upon RSU vesting (F1)
- Filing date: 2026-02-17 (filed two days after the transaction) — appears to be timely
Context
This was a routine cashless withholding of vested RSUs to cover tax liabilities (common practice) rather than a sale to an outside party. Such withholdings reduce the insider's reported share count but do not generate sale proceeds and generally are not interpreted as a directional signal about the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-02-15−3,900→ 95,345 total
Footnotes (1)
- [F1]This Form 4 reports the withholding of shares 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.