Paycom (NYSE: PAYC) Chief Sales Officer York reports indirect stock ownership on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Paycom Software, Inc. insider Jeffrey D. York, Chief Sales Officer, filed an initial Form 3 reporting indirect beneficial ownership of Paycom common stock. The filing shows 200,734 shares of common stock held through the York Revocable Trust, which benefits him, his spouse, and children.
It also reports 34,031 shares held indirectly through JCY Holdings, LP, whose structure ultimately traces back to the York Revocable Trust, and 3,565 shares held indirectly through his mother-in-law. This Form 3 records existing holdings rather than new share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
York Jeffrey D.
Role
Chief Sales Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 200,734 shares (Indirect, By York Revocable Trust)
Footnotes (1)
- The York Revocable Trust is a revocable trust for the benefit of the reporting person, his spouse, and his children. The reporting person is the trustor and, with his spouse, a co-trustee of the York Revocable Trust. Accordingly, the reporting person reports beneficial ownership of all of the shares of common stock held by the York Revocable Trust. The general partner of JCY Holdings, LP ("JCY Holdings") is JCY General, LLC ("JCY General") and the limited partner of JCY Holdings is the York Revocable Trust. The York Revocable Trust is the sole member of JCY General.
FAQ
What does the latest Form 3 for PAYC insider Jeffrey D. York show?
The Form 3 reports initial beneficial ownership of Paycom common stock by Chief Sales Officer Jeffrey D. York through several indirect holdings, including the York Revocable Trust, JCY Holdings, LP, and his mother-in-law, without indicating any new purchases or sales.
What is JCY Holdings, LP in the PAYC Form 3 for Jeffrey D. York?
JCY Holdings, LP holds 34,031 Paycom common shares indirectly for Jeffrey D. York. Its general partner is JCY General, LLC, and its limited partner is the York Revocable Trust, which is also the sole member of JCY General, according to the filing footnotes.
What is the role of Jeffrey D. York at Paycom Software, Inc. (PAYC)?
In this filing, Jeffrey D. York is identified as an officer of Paycom Software, Inc., specifically serving as the company’s Chief Sales Officer. The Form 3 records his initial beneficial ownership position as an officer subject to Section 16 reporting rules.
Are there any derivative PAYC securities reported for Jeffrey D. York?
The Form 3 indicates no derivative securities for Jeffrey D. York in Table II. Only non-derivative common stock positions are listed, all held indirectly through related entities and family relationships as described in the explanatory footnotes.