Paycom Software, Inc. Amendment No. 1 to a Schedule 13G/A reports that Harris Associates L.P. (and affiliated Harris entities) is disclosed as the beneficial owner of 3,257,774 shares of common stock, representing 6.8% of the class as shown on the cover page.
The filing states Harris may be deemed beneficial owner by reason of advisory relationships and that it has been granted power to vote shares in appropriate circumstances on behalf of advised clients. The cover lists Oakmark Select Fund among accounts on whose behalf holdings exceed 5 percent. The form is signed by Joseph J. Allessie on 05/15/2026.
Positive
None.
Negative
None.
Insights
Investment adviser disclosure shows institutional stake and voting authority.
The filing lists Harris Associates L.P. with 3,257,774 shares and 6.8% ownership as of the cover page date 03/31/2026. It attributes beneficial ownership to advisory relationships and explicit voting authority granted to Harris for client accounts.
Implications depend on how Harris exercises voting power for advised clients; any material governance actions would be reflected in future filings or proxy disclosures.
Disclosure clarifies stake size and the adviser-client relationship behind the position.
The Schedule 13G/A amendment clarifies that Harris may direct votes by providing advice or exercising voting power for advised clients, and it names Oakmark Select Fund among accounts referenced in Item 6. The filing is signed on 05/15/2026.
Shareholders should note this is a regulatory ownership disclosure; cash‑flow treatment and sale intentions are not stated in the provided excerpt.
Key Figures
Beneficial ownership:3,257,774 sharesPercent of class:6.8%Cover page date:03/31/2026+1 more
4 metrics
Beneficial ownership3,257,774 sharesItem 9 on cover page
Percent of class6.8%Item 11 on cover page
Cover page date03/31/2026reporting date shown on cover
Signature date05/15/2026signed by General Counsel and Secretary
Key Terms
Schedule 13G/A, beneficially owned, sole dispositive power, advisory relationships
4 terms
Schedule 13G/Aregulatory
"Amendment No. 1 Paycom Software, Inc. Common stock"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially ownedfinancial
"Amount beneficially owned: By reason of advisory and other relationships"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerfinancial
"Sole Dispositive Power 3,257,774.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
advisory relationshipsother
"By reason of advisory and other relationships with the person who owns the Shares"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Paycom Software, Inc.
(Name of Issuer)
Common stock, $0.01 par value
(Title of Class of Securities)
70432V102
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
70432V102
1
Names of Reporting Persons
HARRIS ASSOCIATES L P
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,257,744.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
3,257,774.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,257,774.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.8 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
70432V102
1
Names of Reporting Persons
Harris Associates, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,257,744.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
3,257,774.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,257,774.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.8 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Paycom Software, Inc.
(b)
Address of issuer's principal executive offices:
7501 W. Memorial Road, Oklahoma City, OK, 73142.
Item 2.
(a)
Name of person filing:
Harris Associates L.P. ("Harris")
Harris Associates, Inc. ("General Partner")
**Harris Associates, Inc., for itself and as General Partner
(b)
Address or principal business office or, if none, residence:
111 South Wacker Drive Suite 4600, Chicago, IL 60606
(c)
Citizenship:
See Item 4 on the cover page(s) hereto.
(d)
Title of class of securities:
Common stock, $0.01 par value
(e)
CUSIP No.:
70432V102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
By reason of advisory and other relationships with the person who owns the Shares, Harris may be deemed to be the beneficial owner of the shares specified in Item 9 on the cover page(s) hereto. Harris has been granted the power to vote Shares in circumstances it determines to be appropriate in connection with assisting its advised clients to whom it renders financial advice in the ordinary course of business, by either providing information or advice to the persons having such power, or by exercising the power to vote.
(b)
Percent of class:
See Item 11 on the cover page(s) hereto.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Item 5 on the cover page(s) hereto.
(ii) Shared power to vote or to direct the vote:
See Item 6 on the cover page(s) hereto.
(iii) Sole power to dispose or to direct the disposition of:
See Item 7 on the cover page(s) hereto.
(iv) Shared power to dispose or to direct the disposition of:
See Item 8 on the cover page(s) hereto.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Oakmark Select Fund
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Harris Associates reports beneficial ownership of 3,257,774 shares, equal to 6.8% of Paycom's common stock, as shown on the cover page. This figure appears in Item 9 and Item 11 of the Schedule 13G/A amendment.
Does the filing show Harris Associates can vote the shares in PAYC?
Yes. The filing states Harris has been granted the power to vote shares when appropriate by advising clients or exercising voting power. The statement appears in Item 4 of the Schedule 13G/A amendment.
Which client account over 5% is named in the filing?
The Schedule 13G/A lists Oakmark Select Fund under Item 6 as a person on whose behalf Harris holds more than 5% of the class. The cover page and Item 6 reference beneficiary accounts.
When was the Schedule 13G/A amendment signed?
The amendment is signed by Joseph J. Allessie, General Counsel and Secretary, with signature date shown as 05/15/2026. The cover page also references 03/31/2026 as a reporting date.
Does the filing indicate Harris plans to buy or sell PAYC shares?
No. The Schedule 13G/A amendment discloses beneficial ownership and voting arrangements; it does not state any intention to purchase or sell shares or describe transactions in the provided excerpt.
