[144] Paycom Software, Inc. SEC Filing

Rhea-AI Filing Summary

Paycom Software, Inc. (PAYC) reported a Rule 144 notice for the proposed sale of 1,500 shares of its common stock through J.P. Morgan Securities LLC on 09/12/2025. The filing states the shares were acquired on 05/01/2023 as compensation from the issuer, with payment completed on the same date. The filing lists an aggregate market value of $339,555 based on 1,500 shares and notes 57,876,797 shares outstanding. No securities were reported sold by the person in the prior three months. The filer affirms no undisclosed material adverse information.

Positive

• Filer complied with Rule 144 disclosure requirements by providing broker, acquisition, and sale details
• No prior sales by the seller in the past three months, simplifying aggregation considerations
• Attestation included that the seller is not aware of undisclosed material adverse information

Negative

• Insider sale of 1,500 shares valued at $339,555 may be viewed negatively by some investors despite being small
• Limited context in the filing: no information on the filer's identity, role, or rationale beyond 'compensation'

Insights

Securities Analyst

TL;DR: This is a routine insider sale notice under Rule 144 for 1,500 shares; it appears procedural rather than material.

The Form 144 shows an intended open-market sale of 1,500 shares valued at $339,555 through J.P. Morgan Securities LLC with an approximate sale date of 09/12/2025. The shares were received as compensation on 05/01/2023 and no other sales in the prior three months were reported. Given the issuer's stated outstanding share count of 57,876,797, the size of this transaction represents a small fraction of the float and is likely immaterial to company capitalization. The filing confirms the standard attestation about undisclosed material information.

Corporate Governance Expert

TL;DR: Filing meets Rule 144 disclosure expectations and includes the required attestation; no governance red flags are evident from the notice alone.

The document provides the broker details (J.P. Morgan Securities LLC), acquisition date (05/01/2023), and the nature of acquisition (compensation), fulfilling Rule 144 disclosure elements. The absence of sales in the prior three months simplifies aggregation analysis. The filer's signed representation that no material nonpublic information exists is standard. No additional governance issues or deviations are apparent from the provided information.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 390 Madison Avenue - 6th Floor New York NY 10017	1500	339555	57876797	09/12/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/01/2023	Compensation	Issuer			1500	05/01/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Paycom's (PAYC) Form 144 disclose?

The Form 144 discloses a proposed sale of 1,500 common shares acquired as compensation on 05/01/2023, to be sold via J.P. Morgan Securities LLC on 09/12/2025, with an aggregate market value of $339,555.

How many Paycom shares are outstanding according to the filing?

The filing lists 57,876,797 shares outstanding.

Were any Paycom shares sold by this person in the past three months?

No; the filing states 'Nothing to Report' for securities sold during the past three months.

What was the acquisition method for the shares being sold?

The shares were acquired as compensation from the issuer on 05/01/2023, with payment completed the same day.

Which broker is handling the proposed sale?

J.P. Morgan Securities LLC, 390 Madison Avenue, New York, NY, is listed as the broker.