Form 4: Paycom Director Sharen J. Turney Reports Stock Grant and Holdings

Sentiment:

SEC Form 4 Filing


Director Sharen J. Turney reports acquisition of Paycom Software, Inc. restricted stock and holdings as of May 5, 2025.

Summary

  • On May 5, 2025, Sharen J. Turney, a director of Paycom Software, Inc., reported a transaction involving the company's common stock.
  • Turney acquired 1,099 shares of restricted stock under the Paycom Software, Inc. 2023 Long-Term Incentive Plan.
  • Following the transaction, Turney beneficially owns 4,102 shares of Paycom common stock, which includes 2,315 unvested shares of restricted stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the sentiment is neutral.

Positives

  • The acquisition of restricted stock aligns the director's interests with the long-term performance of the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

  • The disclosure provides transparency to shareholders regarding the equity holdings of a company director.

Key Dates

DateDescription
05/05/2025Date of transaction: acquisition of restricted stock.
05/06/2025Date of signature on the Form 4 filing.

Keywords

Paycom, Director, Stock, Restricted Stock, Beneficial Ownership, Form 4, Turney, Incentive Plan

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