Paycom (NYSE: PAYC) COO uses 336 shares for equity tax withholding
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 336 | $138.44 | $47K |
Footnotes (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.