Accel-KKR Growth Capital Partners II, LP 4
4 · Paymentus Holdings, Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Paymentus (PAY) Accel‑KKR Holdings GP Transfers 155,574 Shares
What Happened Accel‑KKR Holdings GP, LLC (a 10% owner / institutional holder) reported an other disposition on 2026-05-27: 155,574 shares of Paymentus Holdings, Inc. (PAY) were transferred/disposed at $0.00 (total proceeds $0). The filing describes this as an in‑kind pro rata distribution to partners rather than an open‑market sale for cash.
Key Details
- Transaction date and price: 2026-05-27, 155,574 shares @ $0.00 (in‑kind distribution).
- Report filed: 2026-05-29 (appears filed two days after the transaction).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes:
- F1: Shares were distributed in‑kind by AKKR Fund II Management Company, LP to its partners without consideration; those shares had been transferred to the Management Company on 2025-08-20 for no consideration.
- F2–F4: Describe the Accel‑KKR ownership/control structure and note the reporting persons disclaim beneficial ownership except for pecuniary interest.
- F5: Confirms the reported shares were received in the distribution described in F1.
Context This was an institutional in‑kind distribution (a transfer of shares to fund partners), not a cash sale or purchase, so it doesn't directly signal buying/selling sentiment by an individual executive. For retail investors, purchases are often more informative about insider conviction; distributions or transfers by funds are typically administrative and related to fund structure or partner allocations rather than market views.
Insider Transaction Report
- Other
Class A Common Stock
[F1]2026-05-27−155,574→ 0 total(indirect: See footnote.)
- 2,245,886(indirect: Accel-KKR Capital Partners CV III, LP)
Class A Common Stock
[F2][F3][F4] - 94,546(indirect: Accel-KKR Growth Capital Partners III, LP)
Class A Common Stock
[F2][F3][F4] - 3,168(indirect: Accel-KKR Growth Capital Partners II Strategic Fund, LP)
Class A Common Stock
[F2][F3][F4] - 37,350(indirect: Accel-KKR Growth Capital Partners II, LP)
Class A Common Stock
[F2][F3][F4] - 7,312(indirect: AKKR SC GPI HoldCo LP)
Class A Common Stock
[F5][F2][F3][F4]
Footnotes (5)
- [F1]In-kind pro rata distribution by AKKR Fund II Management Company, LP, to its partners, without consideration. Such shares were previously reported as directly held by Accel-KKR Capital Partners CV III, LP and were transferred to AKKR Fund II Management Company, LP on August 20, 2025 for no consideration.
- [F2]Accel-KKR Holdings GP, LLC , or Topco GP (for which decision making is controlled by Mr. Palumbo and Mr. Barnds), has voting and investment power over the shares of Common Stock of the Issuer owned by (i) Accel-KKR Capital Partners CV III, LP, or CV III; (ii) Accel-KKR Growth Capital Partners III, LP, or GC III; (iii) Accel-KKR Growth Capital Partners II Strategic Fund, LP, or GC II Strategic; (iv) Accel-KKR Growth Capital Partners II, LP, or GC II; (v) (v) Accel-KKR Members Fund, LLC, or Members Fund; (vi) AKKR Strategic Capital LP, or SC; and (vii) AKKR SC GPI HoldCo LP, or SC GPI.
- [F3](Continued from footnote 3) AKKR Fund III Management Company CV, LP, or CV III GP, is the sole general partner of CV III. AKKR Growth Capital Management Company III, LP, or GC III GP, is the sole general partner of GC III. AKKR Growth Capital Management Company II, LP, or GC II GP, is the sole general partner of GC II Strategic and GC II. AKKR Strategic Capital GP, or SC GP, is the sole general partner of SC. AKKR Management Company, LLC, or UGP, is the sole managing member of Members Fund and the sole general partner of CV III GP, GC III GP, GC II GP, SC GP and SC GPI. Topco GP, is the sole managing member of UGP. AKKR Fund II Management Company, LP, or the Management Company, is the sole management company of each of the Accel-KKR Funds, and UGP is the general partner of the Management Company. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of such Reporting Person's pecuniary interest therein.
- [F4](Continued from footnote 3) Mr. Palumbo and Mr. Barnds have separately filed Form 4s reporting their interests.
- [F5]Represents shares received in the distribution described in footnote 1.