Paycom Software (NYSE: PAYC) director gets 1,890-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TURNEY SHAREN J reported acquisition or exercise transactions in this Form 4 filing.
Paycom Software, Inc. director Sharen J. Turney received a grant of 1,890 shares of restricted common stock on May 4, 2026 under the company’s 2023 Long-Term Incentive Plan. This is a stock-based compensation award, not an open-market purchase.
After the grant, Turney directly holds 5,992 shares of Paycom common stock, which includes 2,989 unvested restricted shares that will typically vest over time, aligning her interests with other shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TURNEY SHAREN J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,890 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,992 shares (Direct, null)
Footnotes (1)
- Represents shares of restricted stock granted to the reporting person under the Paycom Software, Inc. 2023 Long-Term Incentive Plan. Includes 2,989 unvested shares of restricted stock.
Key Figures
Restricted stock grant: 1,890 shares
Holdings after transaction: 5,992 shares
Unvested restricted shares: 2,989 shares
+1 more
4 metrics
Restricted stock grant
1,890 shares
Awarded to director Sharen J. Turney on May 4, 2026
Holdings after transaction
5,992 shares
Total Paycom common stock directly held after grant
Unvested restricted shares
2,989 shares
Portion of Turney’s holdings that remain unvested
Grant price per share
$0.0000 per share
Indicates compensation award, not open-market purchase
Key Terms
restricted stock, 2023 Long-Term Incentive Plan, unvested shares, Form 4
4 terms
restricted stock financial
"Represents shares of restricted stock granted to the reporting person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2023 Long-Term Incentive Plan financial
"granted to the reporting person under the Paycom Software, Inc. 2023 Long-Term Incentive Plan"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
Was the Paycom (PAYC) Form 4 transaction a stock purchase or sale?
The Form 4 transaction was not a stock purchase or sale. It was a grant of 1,890 restricted shares at no cash cost to Sharen J. Turney, classified as a grant or award acquisition rather than an open-market buy or sell transaction in Paycom common stock.