Form 4: Paycom COO Randall Peck's Equity Vesting & Tax Withholding

Paycom Software's Chief Operating Officer, Randall Peck, reported the vesting of performance-based restricted stock units and subsequent tax withholding.

Summary

• Randall Peck, Paycom's Chief Operating Officer, acquired 8,390 shares of common stock on February 10, 2026, upon the vesting of performance-based restricted stock units.
• These restricted stock units (RSUs) were granted on February 21, 2025, under the Paycom Software, Inc. 2023 Long-Term Incentive Plan.
• Concurrently, 3,680 shares were disposed of at a price of $124.94 to satisfy tax withholding obligations related to the RSU vesting, with no shares sold in this transaction.
• Following these transactions, Randall Peck beneficially owns 48,215 shares of common stock, which includes 26,441 unvested restricted stock and 7,342 unvested restricted stock units.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting the successful vesting of performance-based equity for a key executive, which aligns management incentives with company performance, despite the routine tax-related share disposal.

Positives

• Randall Peck acquired 8,390 shares of common stock through the vesting of performance-based restricted stock units, indicating achievement of performance targets.
• The vesting demonstrates continued alignment of management's interests with shareholder value through equity compensation.

Negatives

• 3,680 shares were disposed of to cover tax withholding obligations, reducing the immediate net share gain from the vesting event.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly the vesting of equity awards, are common occurrences in publicly traded companies as part of executive compensation plans designed to incentivize long-term performance and align management interests with shareholders. This specific filing reflects a routine compensation event for a key executive.

Stakeholder Impact

• Shareholders: The vesting of performance-based equity for a Chief Operating Officer suggests that performance targets were met, which is generally positive for shareholders as it indicates operational success and continued alignment of executive incentives.
• Employees: Reflects the company's ongoing use of equity compensation plans to reward and retain key personnel.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction involving the vesting of restricted stock units and subsequent tax withholding. It does not provide new information about the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. It merely confirms an common compensation event for a key executive.

Keywords

Paycom Software, PAYC, Randall Peck, Chief Operating Officer, COO, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Equity Compensation, Tax Withholding, Insider Ownership