Paymentus Holdings Inc
For the period ended Dec 31, 2024. Filed Mar 11, 2025.
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FY2024 · Filed Mar 11, 2025
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Item 9B. Other Information
ther Information
Except as set forth below, during the quarter ended December 31, 2024, none of the Company’s directors or officers adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as such terms are defined in Item 408(a) of Regulation S‑K.
On November 7, 2024, Sanjay Kalra, the Company’s Chief Financial Officer, terminated a trading arrangement he had previously adopted with respect to the sale of shares of the Company’s Class A common stock that was intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) (a "Rule 10b5-1 Trading Plan"). Mr. Kalra’s Rule 10b5-1 Trading Plan wasadopted on June 13, 2024, had a term effective through June 14, 2025 and provided for the sale of up to 50,000 shares of Class A common stock pursuant to the terms of the Rule 10b5-1 Trading Plan. As of the date of termination of the Rule 10b-5 Trading Plan, Mr. Kalra had sold no shares of Class A common stock under the terms of the Rule 10b5-1 Trading Plan.
On December 6, 2024, Mr. Kalra adopted a new Rule 10b5-1 Trading Plan for the sale of the Company’s Class A common stock. Mr. Kalra’s Rule 10b5-1 Trading Plan, which expires March 2, 2026, provides for the sale of up to 50,000 shares of Class A common stock pursuant to the terms of the Rule 10b5-1 Trading Plan.
On December 5, 2024, Andrew Gerber, the Company’s General Counsel, terminated a Rule 10b5-1 Trading Plan. Mr. Gerber’s Rule 10b5-1 Trading Plan wasadopted on September 4, 2024, had a term effective through February 27, 2026 and provided for the sale of up to 56,765 sharesof Class A common stock pursuant to the terms of the Rule 10b5-1 Trading
Plan. Asof the date of termination of the Rule 10b-5 Trading Plan, Mr. Gerber had sold 34,272 shares of Class A common stock under the terms of the Rule 10b5-1 Trading Plan.
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