Paycom (PAYC) CFO receives 17,957-share restricted stock unit grant
Rhea-AI Filing Summary
Paycom Software, Inc. reported that Chief Financial Officer Robert D. Foster acquired 17,957 shares of common stock on February 18, 2026 through a grant of restricted stock units under the Paycom Software, Inc. 2023 Long-Term Incentive Plan, at a stated price of $0.00 per share, reflecting equity compensation rather than an open-market purchase. Following this grant, his directly held position increased to 37,809 shares, which the footnotes state includes 24,350 unvested restricted stock units and 3,750 unvested shares of restricted stock. The filing also reports an additional 26 shares of common stock held indirectly by his spouse.
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Insights
CFO receives equity grant as part of long-term incentive compensation.
The filing shows Paycom Software, Inc. Chief Financial Officer Robert D. Foster receiving a grant of 17,957 restricted stock units on
After the grant, his directly reported holdings total 37,809 shares, including 24,350 unvested restricted stock units and 3,750 unvested restricted shares. These unvested awards typically vest over time or upon meeting conditions, aligning executive interests with shareholders, though specific vesting terms are not detailed in the excerpt.
The filing also notes 26 shares held indirectly by his spouse, classified as indirect ownership. Overall, this appears to be routine executive equity compensation rather than an open-market buy or sell, so the immediate impact for investors is limited and mainly informational.