secwatch.observer — SEC 8-K summary
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Issuer:     Paymentus Holdings, Inc. (PAY)
CIK:        0001841156
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0000950170-25-041520
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Paymentus sets 2025 exec bonus plan with 3% salary increase; 2024 payout at 120% of target
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- 2025 base salaries increased 3%: CEO $371,315, CFO $530,450, CCO $445,578, GC $362,033.
- 2025 bonus target percentages: CEO 192.9%, CFO & CCO 100%, GC 61.5%; five equally weighted performance metrics.
- 2024 bonus payout at 120% of target: Sharma $834,485, Kalra $618,000, Portocalis $324,450, Gerber $259,398.
- CCO Portocalis also received $108,150 discretionary bonus for 2024 bookings success; total bonus $432,600.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841156/000095017025041520/0000950170-25-041520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841156/000095017025041520/pay-20250313.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-041520

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