Form 4: Director Acquires Restricted Stock at Paycom

Director Frederick C. Peters II acquired 1,890 shares of restricted stock under the company's incentive plan.

Summary

• Frederick C. Peters II, a Director at Paycom Software, Inc., acquired 1,890 shares of restricted stock on May 4, 2026.
• These shares were granted under the Paycom Software, Inc. 2023 Long-Term Incentive Plan.
• The acquisition was made at a price of $0.
• Following this transaction, Mr. Peters beneficially owns 17,772 shares of common stock.
• This total includes 2,989 unvested shares of restricted stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine stock grant to a director under an existing incentive plan, with no immediate financial impact or significant strategic shift indicated.

Positives

• Director acquisition of restricted stock indicates continued commitment and alignment with company performance.
• Granting of restricted stock under an incentive plan suggests a strategy to retain and motivate key leadership.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that the granting of restricted stock to directors is a common practice in the software industry to align executive interests with long-term shareholder value and to aid in talent retention.

Stakeholder Impact

• Shareholders: The acquisition of restricted stock by a director can be viewed positively as it signals continued commitment to the company's long-term success.

Key Dates

Keywords

Form 4, SEC Filing, Restricted Stock, Incentive Plan, Director, Paycom Software, PAYC, Beneficial Ownership, Equity