Portocalis Gerasimos (Jerry) 4

4 · Paymentus Holdings, Inc. · Filed Mar 11, 2026

AI-generated summary of this filing

Updated Mar 12, 2026

Paymentus (PAY) CCO Jerry Portocalis Receives RSU Award

What Happened

Jerry Portocalis, Chief Commercial Officer of Paymentus Holdings (PAY), received a grant of 139,644 restricted stock units (RSUs) on March 9, 2026. The RSUs were awarded at $0.00 (transaction code A), meaning no cash was paid by the insider for the award; the reported acquisition value is $0. This is a grant of equity compensation rather than an open-market purchase or sale.

Key Details

Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely filing).
Quantity and price: 139,644 RSUs granted at $0.00 (award, code A).
Plan: Awards granted pursuant to Paymentus’ 2021 Equity Incentive Plan.
Vesting (footnote F1): One-fifth vests on March 9, 2027; thereafter 1/20 vests quarterly on each Quarterly Vesting Date beginning August 15, 2027 (Quarterly Vesting Dates: Feb 15, May 15, Aug 15, Nov 15). Each RSU converts to one share upon vesting, subject to continued service.
Ownership note (footnote F2): The filing references shares held of record by the Faliron Family Limited Partnership Ltd., for which the reporting person has sole voting and investment power via the general partner.
Shares owned after the grant: Not specified in the provided filing details.

Context

RSU grants are compensation awards that vest over time; they do not require an immediate cash outlay and do not signal a purchase or sale on the open market. This grant increases potential future equity holdings subject to vesting and service conditions, but does not reflect an immediate change in publicly tradable shares.

Form 4

Period: 2026-03-09

Chief Commercial Officer

Transactions

Holdings

Footnotes (2)

[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.
[F2]Represents shares held of record by the Faliron Family Limited Partnership Ltd. a limited partnership of which a single-member limited liability company is the sole general partner. The reporting person has sole voting and investment power with respect to the general partner.

Signature

/s/ Andrew A. Gerber, Attorney-in-Fact|2026-03-11

1 file