INGRAM WILLIAM 4
Research Summary
AI-generated summary
Paymentus (PAY) Director William Ingram Receives RSU Award
What Happened William Ingram, a director of Paymentus Holdings, Inc. (PAY), received a grant of 8,280 restricted stock units (RSUs) on 2026-06-08. The grant is reported as an award/acquisition (code A) at $0.00 per share (typical for RSU grants). The RSUs convert to one share of Class A common stock each upon vesting; the filing shows no cash purchase or sale in this transaction.
Key Details
- Transaction date: 2026-06-08; Form 4 filed: 2026-06-09 (appears timely).
- Security: 8,280 restricted stock units (RSUs) reported at $0.00 per unit.
- Vesting: RSUs vest on the one-year anniversary of the grant (2027-06-08), subject to continued service (per filing footnote).
- Shares owned after transaction: not specified in the provided summary of the filing.
- Transaction code: A = award/grant. No 10b5-1 plan, tax withholding, or cashless exercise noted in this filing.
Context RSU grants are a standard form of director compensation and represent a future right to receive shares if vesting conditions are met; they are neither a purchase nor a sale at grant. For retail investors, awards like this are routine and do not by themselves indicate a buy or sell signal.