secwatch.observer — SEC 8-K summary
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Issuer:     Paymentus Holdings, Inc. (PAY)
CIK:        0001841156
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001193125-26-106283
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paymentus sets 2026 exec bonuses, grants RSUs to CFO, CCO, GC
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- Board adopted 2026 Executive Incentive Compensation Program with base salary increases of 3% for all named executive officers.
- CEO Dushyant Sharma: 2026 base salary $382,454, target bonus 192.9% of base.
- CFO Sanjay Kalra and CCO Jerry Portocalis each granted 139,644 time-based RSUs; GC Andrew Gerber granted 23,274 RSUs.
- RSU vesting: 1/5 on one-year anniversary, then 1/20 quarterly thereafter.
- Performance metrics for 2026 bonuses: Revenue, non-GAAP contribution profit, Adjusted EBITDA, Adjusted EBITDA less capitalized software, and individual performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841156/000119312526106283/0001193125-26-106283-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841156/000119312526106283/pay-20260309.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-106283

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