Form 4: Paycom EVP of Sales, Amy Vickroy, Reports Stock Transaction
SEC Form 4
Amy Vickroy, EVP of Sales at Paycom Software, Inc., reports the withholding of 264 shares of common stock by the issuer to cover tax obligations related to vesting restricted stock awards.
Summary
- On May 10, 2024, Amy Vickroy, EVP of Sales at Paycom Software, Inc. (PAYC), had 264 shares of common stock withheld by Paycom to satisfy tax obligations.
- This transaction occurred at a price of $173.39 per share.
- Following the transaction, Vickroy directly owns 21,343 shares of Paycom common stock, which includes 9,416 unvested shares of restricted stock.
- She also indirectly owns 18 shares through her spouse.
Sentiment
Score: 5
Explanation: This is a neutral filing related to routine tax obligations. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies like Paycom. It provides transparency into the transactions of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| January 30, 2020 | Date of grant of 370 shares of restricted stock to the reporting person. |
| February 5, 2021 | Date of grant of 367 shares of restricted stock to the reporting person. |
| February 2, 2022 | Date of grant of 338 shares of restricted stock to the reporting person. |
| May 10, 2024 | Date of the reported transaction (stock withholding for tax obligations). |
| May 14, 2024 | Date of signature on the Form 4 filing. |
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