STOCK TITAN

Paycom (NYSE: PAYC) COO uses 336 shares for equity tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Paycom Software, Inc.’s Chief Operating Officer Randall Peck reported a tax-related share disposition. On May 10, 2026, the company withheld 336 shares of common stock at $138.44 per share to satisfy tax withholding obligations tied to vesting restricted stock awards.

The filing notes that no shares were issued or sold in this transaction; it reflects only shares withheld by the issuer for taxes. After this event, Peck directly holds 57,855 shares of common stock, which the filing states includes 17,318 unvested restricted stock units and 25,677 unvested shares of restricted stock, indicating this was a routine compensation-related adjustment rather than an open-market trade.

Positive

  • None.

Negative

  • None.

Insights

Routine tax withholding on vesting equity; no open-market sale.

The transaction involves 336 shares withheld by Paycom Software, Inc. to cover tax obligations from vesting restricted stock, at a reference price of $138.44 per share. Footnotes clarify that no shares were issued or sold, so there was no market trade.

Following the withholding, COO Randall Peck holds 57,855 common shares, including 17,318 unvested RSUs and 25,677 unvested restricted shares. This points to a sizeable remaining equity position, suggesting the event is administrative and compensation-related rather than a change in investment stance.

Insider Peck Randall
Role Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock 336 $138.44 $47K
Holdings After Transaction: Common Stock — 57,855 shares (Direct, null)
Footnotes (1)
  1. Represents shares of common stock of Paycom Software, Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the following awards: (i) 42 shares of restricted stock granted to the reporting person on April 30, 2023; (ii) 625 shares of restricted stock granted to the reporting person on December 28, 2023; and (iii) 97 shares of restricted stock granted to the reporting person on February 23, 2024. No shares were issued or sold in this transaction. Includes 17,318 unvested restricted stock units and 25,677 unvested shares of restricted stock.
Shares withheld for taxes 336 shares Tax withholding disposition on May 10, 2026
Reference price per share $138.44 per share Value used for tax-withholding shares
Shares held after transaction 57,855 shares Direct Paycom common stock holdings post-transaction
Unvested RSUs 17,318 units Unvested restricted stock units included in holdings
Unvested restricted shares 25,677 shares Unvested restricted stock included in holdings
Component grants for vesting 42, 625, 97 shares Restricted stock grants from 2023–2024 that vested
restricted stock financial
"shares of restricted stock granted to the reporting person on April 30, 2023"
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.
restricted stock units financial
"Includes 17,318 unvested restricted stock units and 25,677 unvested shares of restricted stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting"
vesting financial
"in connection with the vesting of the following awards"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Peck Randall

(Last)(First)(Middle)
7501 W. MEMORIAL ROAD

(Street)
OKLAHOMA CITY OKLAHOMA 73142

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Paycom Software, Inc. [ PAYC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/10/2026F336(1)D$138.4457,855(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock of Paycom Software, Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the following awards: (i) 42 shares of restricted stock granted to the reporting person on April 30, 2023; (ii) 625 shares of restricted stock granted to the reporting person on December 28, 2023; and (iii) 97 shares of restricted stock granted to the reporting person on February 23, 2024. No shares were issued or sold in this transaction.
2. Includes 17,318 unvested restricted stock units and 25,677 unvested shares of restricted stock.
/s/ Randall Peck05/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Paycom (PAYC) COO Randall Peck report in this Form 4?

The COO reported that 336 Paycom common shares were withheld by the company at $138.44 per share to cover tax obligations from vesting restricted stock awards. The filing specifies no shares were issued or sold.

Was there an open-market sale of PAYC shares in this insider filing?

No open-market sale occurred. The filing states the 336 shares were withheld by Paycom solely to satisfy tax withholding obligations tied to vesting equity awards, and that no shares were issued or sold in this transaction.

How many PAYC shares does the COO hold after this tax withholding?

After the transaction, COO Randall Peck directly holds 57,855 shares of Paycom common stock. This total, according to the filing, includes 17,318 unvested restricted stock units and 25,677 unvested shares of restricted stock.

What equity awards triggered the PAYC tax withholding event?

The withholding relates to vesting of three grants: 42 restricted shares granted on April 30, 2023, 625 restricted shares granted on December 28, 2023, and 97 restricted shares granted on February 23, 2024, as detailed in the footnote.

Does this Paycom Form 4 indicate a change in the COO’s investment view?

The filing reflects a tax-withholding disposition only, not a discretionary sale. With 57,855 shares held afterward, including substantial unvested awards, it appears as a routine compensation-related adjustment rather than a directional bet on Paycom stock.