Accel-KKR Growth Capital Partners II, LP 4

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.