[8-K] Paycom Software, Inc. Reports Material Event

Rhea-AI Filing Summary

Paycom Software, Inc. reported that director Archana Vemulapalli has resigned from its Board of Directors and all related committees, effective March 31, 2026. The company stated that her resignation is to pursue other professional opportunities and is not related to any disagreement over operations, policies or practices.

Following her departure, the size of Paycom’s Board will be reduced from seven to six directors, indicating the company does not plan to immediately fill the vacant seat.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): March 23, 2026

Paycom Software, Inc.

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation)	001-36393 (Commission File Number)	80-0957485 (IRS Employer Identification No.)
7501 W. Memorial Road, Oklahoma City, Oklahoma (Address of principal executive offices)		73142 (Zip Code)

Registrant’s telephone number, including area code: (405) 722-6900

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.01 par value		PAYC		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§240.12b–2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 23, 2026, Archana Vemulapalli notified the Board of Directors (the “Board”) of Paycom Software, Inc. (the “Company”) of her resignation from the Board and all committees thereof, effective March 31, 2026. Effective as of Ms. Vemulapalli’s resignation, the size of the Board will be reduced from seven to six directors. Ms. Vemulapalli’s resignation was due to her decision to pursue other professional opportunities and not in connection with any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			PAYCOM SOFTWARE, INC.
Date:	March 26, 2026	By:	/s/ Robert D. Foster
			Robert D. Foster
			Chief Financial Officer

FAQ

What did Paycom Software, Inc. (PAYC) announce in this 8-K filing?

Paycom Software, Inc. announced the resignation of director Archana Vemulapalli from its Board and all committees, effective March 31, 2026. The company also stated that its Board size will decrease from seven to six directors after her departure.

Why did Archana Vemulapalli resign from the Paycom (PAYC) Board?

Archana Vemulapalli resigned from the Paycom Board to pursue other professional opportunities. The company specifically noted that her resignation was not due to any disagreement regarding Paycom’s operations, policies, or practices, signaling a non-adversarial departure.

When is Archana Vemulapalli’s resignation from Paycom’s Board effective?

Her resignation from Paycom’s Board is effective on March 31, 2026. She notified the Board on March 23, 2026, providing advance notice before her departure date so the company can adjust its Board composition and governance structure accordingly.

How will Paycom’s Board size change after this director resignation?

After Archana Vemulapalli’s resignation becomes effective, Paycom’s Board will be reduced from seven to six directors. This means the company is not immediately appointing a replacement and is choosing to operate with a slightly smaller Board following her departure.

Did Paycom (PAYC) report any disagreement with the departing director?

No. Paycom stated that Archana Vemulapalli’s resignation was not related to any disagreement with the company on matters involving its operations, policies, or practices. This language suggests the departure is viewed as a routine governance change.

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