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

Reuters
Jul 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.

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