secwatch.observer — SEC 8-K summary
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Issuer:     Paymentus Holdings, Inc. (PAY)
CIK:        0001841156
Form:       8-K
Filed at:   2022-03-31T23:59:59+00:00
Accession:  0000950170-22-005113
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Paymentus appoints Jody Davids to board and audit committee; Jason Klein removed from audit committee
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- Board expanded from 6 to 7 directors; Jody R. Davids appointed, effective April 18, 2022.
- Davids brings cybersecurity expertise; she will serve on the Audit Committee.
- Jason Klein removed from Audit Committee due to non-compliance with heightened independence rules under Rule 10A-3.
- After changes, Audit Committee consists solely of independent directors, fully compliant with NYSE and SEC rules.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841156/000095017022005113/0000950170-22-005113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841156/000095017022005113/pay-20220329.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-005113

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer