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AI brief of an SEC Form 8-K · Paymentus Holdings, Inc. (PAY)

Paymentus Holdings: Adam Malinowski resigns from board; Gregory Williams appointed

Neutral Impact 2 of 5 leadership Written later

Paymentus Holdings director Adam Malinowski resigned effective July 23, 2026, and the board elected Gregory Williams the same day to fill the vacancy. Williams is a Managing Director at Accel-KKR, the private equity firm that nominated Malinowski, and was appointed under that firm's nomination rights in the company's stockholders agreement. The filing reports no financial figures and says Williams is not expected to receive cash retainer fees or equity awards.

Key points

  • Adam Malinowski notified the board on July 22, 2026 of his resignation as director, effective July 23, 2026; the filing says it was not due to any disagreement with the company.
  • Gregory Williams was elected on July 23, 2026 as a Class II director with a term expiring at the 2029 Annual Meeting of Stockholders; the board determined he meets NYSE independence requirements.
  • Williams has been a Managing Director at Accel-KKR since July 2009 and is not expected to be appointed to any board committee.
  • The appointment follows nomination rights under the Stockholders Agreement dated May 24, 2021, which is filed as an exhibit to the February 24, 2026 Form 10-K.

The filing

CompanyPaymentus Holdings, Inc. (PAY)
Form8-K, current report
Filed with the SECJul 23, 2026, 4:57 PM ET
Accession number0001193125-26-314258

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:45 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.