{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-012123","form_type":"8-K","ticker":"PAY","cik":"0001841156","company_name":"Paymentus Holdings, Inc.","filed_at":"2022-06-24T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.758841+00:00","generated_at":"2026-06-24T23:23:39.122138+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Paymentus adopts VC plan with $206M Contribution Profit target; grants 95,238 RSUs each to CFO and CCO","bullets":["Board approved VC Plan with Contribution Profit (50%), Adjusted EBITDA Margin (30%), individual performance (20%) components.","Target payout for CEO Dushyant Sharma $675K; CFO Matt Parson $240K; CCO Jerry Portocalis $250K.","Payout thresholds: Contribution Profit $206M target (100%), Adj. EBITDA Margin 15% target (100%).","Granted 95,238 time-based RSUs each to CFO Parson and CCO Portocalis; vesting 1/4 at 1 year, then quarterly.","RSU awards under 2021 Equity Incentive Plan; CEO Sharma did not receive an RSU grant."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-012123","json":"https://secwatch.observer/filing/0000950170-22-012123.json","markdown":"https://secwatch.observer/filing/0000950170-22-012123.md","text":"https://secwatch.observer/filing/0000950170-22-012123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1841156/000095017022012123/0000950170-22-012123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1841156/000095017022012123/pay-20220623.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T23:23:39.122138+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}