Paycom (NYSE: PAYC) director awarded 1,890 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PETERS FREDERICK C II reported acquisition or exercise transactions in this Form 4 filing.
Paycom Software, Inc. director Frederick C. Peters II received a grant of 1,890 shares of common stock as restricted stock under the Paycom Software, Inc. 2023 Long-Term Incentive Plan. After this award, he directly holds 17,772 shares of common stock, including 2,989 unvested restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PETERS FREDERICK C II
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,890 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,772 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
Post-transaction holdings: 17,772 shares
Unvested restricted shares: 2,989 shares
+1 more
4 metrics
Restricted stock grant
1,890 shares
Common Stock awarded on 2026-05-04 under 2023 Long-Term Incentive Plan
Post-transaction holdings
17,772 shares
Total Paycom common shares directly held after the grant
Unvested restricted shares
2,989 shares
Unvested restricted stock included within total direct holdings
Grant price per share
$0.0000 per share
Reported transaction price for the restricted stock award
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
What insider transaction did Paycom (PAYC) report for Frederick C. Peters II?
Paycom reported that director Frederick C. Peters II received 1,890 shares of common stock as a restricted stock grant. The award was made under the Paycom Software, Inc. 2023 Long-Term Incentive Plan and reflects stock-based compensation rather than an open-market share purchase.
Was the Paycom (PAYC) insider transaction a purchase or a grant?
The transaction was a grant of shares, not an open-market purchase. The Form 4 shows code “A” for acquisition, described as a grant or award, and footnotes confirm the 1,890 shares are restricted stock issued under the Paycom Software, Inc. 2023 Long-Term Incentive Plan.
What does the restricted stock grant mean for Paycom (PAYC) director compensation?
The filing indicates part of the director’s compensation is paid in restricted stock. The 1,890-share award under the 2023 Long-Term Incentive Plan, along with 2,989 unvested restricted shares, ties a portion of Frederick C. Peters II’s pay directly to Paycom’s common stock performance.