Paycom chief client officer sells 2,818 shares
Rhea-AI Filing Summary
Paycom Software, Inc. (PAYC) reported that President/Chief Client Officer Terrell Shane Hadlock sold common stock in three open-market or private transactions. On August 27, 2026, he sold 1,639 shares at $237.00 per share and 938 shares at $238.66 per share. On August 28, 2026, he sold 241 shares at $240.07 per share, for total reported sales of 2,818 shares. A footnote states that his holdings include 20,950 unvested restricted stock units and 12,936 unvested shares of restricted stock.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 2,818 shares
Net Sell
3 txns
Insider
Hadlock Terrell Shane
Role
President/Chief Client Officer
Sold
2,818 shs ($670K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 241 | $240.07 | $58K |
| Sale | Common Stock F1 | 1,639 | $237.00 | $388K |
| Sale | Common Stock F1 | 938 | $238.66 | $224K |
Holdings After Transaction:
Common Stock — 69,911 shares (Direct)
Footnotes (1)
- F1. Includes 20,950 unvested restricted stock units and 12,936 unvested shares of restricted stock.
Key Figures
Shares sold August 27, 2026 (lot 1): 1,639 shares
Sale price August 27, 2026 (lot 1): $237.00 per share
Shares sold August 27, 2026 (lot 2): 938 shares
+5 more
8 metrics
Shares sold August 27, 2026 (lot 1)
1,639 shares
Common stock sale at $237.00 per share
Sale price August 27, 2026 (lot 1)
$237.00 per share
Sale of 1,639 common shares
Shares sold August 27, 2026 (lot 2)
938 shares
Common stock sale at $238.66 per share
Sale price August 27, 2026 (lot 2)
$238.66 per share
Sale of 938 common shares
Shares sold August 28, 2026
241 shares
Common stock sale at $240.07 per share
Sale price August 28, 2026
$240.07 per share
Sale of 241 common shares
Unvested restricted stock units
20,950 units
Unvested RSUs included in the reporting person’s holdings
Unvested restricted shares
12,936 shares
Unvested restricted stock included in the reporting person’s holdings
Key Terms
restricted stock units, restricted stock, open market or private transaction
3 terms
restricted stock units financial
"Includes 20,950 unvested restricted stock units and 12,936 unvested"
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.
restricted stock financial
"and 12,936 unvested shares of restricted stock."
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.
open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction""
FAQ
What insider transaction did PAYC executive Terrell Shane Hadlock report on this Form 4?
He reported three sales of Paycom Software, Inc. common stock totaling 2,818 shares on August 27–28, 2026 in open-market or private transactions.
What unvested equity awards in PAYC does Terrell Shane Hadlock have according to this filing?
A footnote states his holdings include 20,950 unvested restricted stock units and 12,936 unvested shares of restricted stock of Paycom Software, Inc.
Was Terrell Shane Hadlock’s PAYC stock sale reported as under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the reported transactions were made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.