Paycom (NYSE: PAYC) director fixes 600-share reporting error
Rhea-AI Filing Summary
Paycom Software, Inc. (symbol PAYC) reports an amended initial beneficial ownership statement for director Craig E. Boelte. The amendment corrects the number of Common Stock shares reported as directly held, which now totals 175,600 shares as of the reported entry.
A footnote explains that the original Form 3 inadvertently omitted 600 shares, and that these shares were also omitted from Boelte’s Form 4 filings dated July 10, 2026 and August 11, 2026. The amendment does not report any new purchase, sale, or other transaction, only the corrected holdings figure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boelte Craig E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 175,600 shares (Direct)
Footnotes (1)
- F1. This Form 3 is being amended to report the correct number of shares held in Column 2. The reporting person's original Form 3 inadvertently omitted 600 shares. Such shares were also omitted from the Form 4s filed by the reporting person on July 10, 2026 and August 11, 2026.
Key Figures
Common Stock directly held after amendment: 175,600 shares
Omitted shares now included: 600 shares
Related Form 4 dates: July 10, 2026 and August 11, 2026
3 metrics
Common Stock directly held after amendment
175,600 shares
Total shares of Paycom Software, Inc. common stock reported in Column 2 following the corrected Form 3/A entry
Omitted shares now included
600 shares
Number of shares the original Form 3 inadvertently omitted from the reporting person’s holdings
Related Form 4 dates
July 10, 2026 and August 11, 2026
Dates of Form 4s that also omitted the same 600 shares, as described in the footnote
Key Terms
Form 3, Form 4s, reporting person
3 terms
Form 3 regulatory
"This Form 3 is being amended to report the correct number of shares"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Form 4s regulatory
"Such shares were also omitted from the Form 4s filed by the reporting person"
Form 4s are regulatory filings that report changes in ownership of a company’s stock by insiders — such as executives, directors, or large shareholders — and must be filed shortly after they buy or sell shares. For investors, these filings are like a public receipt showing what people closest to the company are doing with their own money, offering a quick signal of insider confidence or concern that can inform trading decisions.
reporting person regulatory
"The reporting person's original Form 3 inadvertently omitted 600 shares"
FAQ
What does Paycom Software, Inc. (PAYC) disclose in this Form 3/A amendment?
The amendment discloses that director Craig E. Boelte directly holds 175,600 shares of Paycom Software, Inc. common stock. It corrects the share count previously reported on his original Form 3, which had inadvertently omitted certain shares.
What error is Paycom Software, Inc. (PAYC) correcting with this Form 3/A?
The amendment corrects an error where the reporting person’s original Form 3 inadvertently omitted 600 shares from the reported holdings. Those 600 shares were also omitted from subsequent Form 4s filed by the reporting person.
Does this PAYC Form 3/A report any new insider transactions?
No. The Form 3/A does not report any new purchases or sales. It updates the reported holdings of common stock to reflect the correct total share count, including the previously omitted 600 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
