Schedule 13G/A: Harris Associates Reports 2,081,854 PAYC Shares (3.6%)

Rhea-AI Filing Summary

Harris Associates L.P. and Harris Associates, Inc. report beneficial ownership of Paycom Software, Inc. common stock totaling 2,081,854 shares, representing 3.6% of the class as disclosed on this Schedule 13G/A. The filing indicates Harris holds sole voting power over 2,077,883 shares and sole dispositive power over 2,081,854 shares. The statement clarifies these shares are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The filing lists issuer and filer addresses and identifies the report as an amendment to Schedule 13G relating to Paycom common stock

Positive

• Transparent disclosure of beneficial ownership totaling 2,081,854 shares (3.6%)
• Clear statement that the shares are held in the ordinary course of business and not to influence control

Negative

• None.

Insights

Financial Analyst

TL;DR: Passive disclosure of a 3.6% stake; notable for transparency but not a control position.

Harris Associates reports beneficial ownership of 2,081,854 shares, representing 3.6% of Paycom's common stock. Voting and dispositive power are reported as sole, indicating direct advisory control over client holdings. Because the stake is below 5%, this filing is consistent with passive investor disclosure under Schedule 13G rather than an active activist or control filing.

Corporate Governance Expert

TL;DR: Ownership disclosure is routine and signals no intent to change control.

The certification states the securities are held in the ordinary course of business and not for influencing control, aligning with Schedule 13G treatment. The filing documents sole voting and dispositive powers but explicitly disclaims control or coordinated group activity. This is a standard governance disclosure that provides investors clarity about potential influence over corporate decisions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Paycom Software, Inc.

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

70432V102

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. 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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,077,883.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,081,854.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,081,854.00

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)

3.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 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 2,077,883.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,081,854.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,081,854.00

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)

3.6 %

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.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
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 L P

Signature:	Joseph J. Allessie
Name/Title:	Joseph J. Allessie, General Counsel and Secretary
Date:	08/14/2025

Harris Associates, Inc.

Signature:	Joseph J. Allessie
Name/Title:	Joseph J. Allessie, General Counsel and Secretary
Date:	08/14/2025

FAQ

What stake in PAYC does Harris Associates report?

Harris Associates reports beneficial ownership of 2,081,854 shares, representing 3.6% of Paycom common stock.

Does this filing indicate Harris Associates seeks control of Paycom (PAYC)?

No. The filing certifies the shares are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

What voting and dispositive powers does Harris report for PAYC shares?

The filing reports sole voting power over 2,077,883 shares and sole dispositive power over 2,081,854 shares.

What date is associated with the event requiring this Schedule 13G filing?

The filing lists the date of the event which requires filing as 06/30/2025.

Who signed the Schedule 13G/A for Harris Associates?

The filing is signed by Joseph J. Allessie, General Counsel and Secretary, for Harris Associates L.P. and Harris Associates, Inc., dated 08/14/2025.