Paymentus Holdings Inc. Awards CEO Dushyant Sharma 1.1 Million RSUs in New Equity Compensation Plan

Reuters
2025/07/03
Paymentus Holdings Inc. Awards CEO Dushyant Sharma 1.1 Million RSUs in New Equity Compensation Plan

On July 2, 2025, Paymentus Holdings Inc. announced a new compensation plan for its President and CEO, Dushyant Sharma. The Board of Directors approved the grant of 1,100,000 time-based restricted stock units (RSUs) to Mr. Sharma under the company's 2021 Equity Incentive Plan. This decision, made in consultation with the Compensation Committee's independent consultant, Compensia, aims to align Sharma's equity compensation with industry peers. The RSUs will vest over four years, with quarterly vesting starting on August 15, 2025, contingent on Mr. Sharma's continued service with the company. The agreement includes provisions for immediate vesting under specific circumstances, such as Mr. Sharma's death, disability, or certain employment terminations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paymentus Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-092988), on July 02, 2025, and is solely responsible for the information contained therein.

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