Form 4: Paycom Executive Jason D. Clark Reports Stock Transaction

Chief Administrative Officer Jason D. Clark reports a transaction involving Paycom Software, Inc. shares related to tax withholding obligations.

Summary

• On February 5, 2025, Jason D. Clark, Chief Administrative Officer of Paycom Software, Inc., reported a transaction involving the withholding of 2,783 shares of common stock by the Issuer to satisfy tax obligations.
• The withholding was related to the vesting of 7,000 shares of restricted stock granted on December 4, 2023, and 904 restricted stock units granted on March 1, 2024.
• The price per share was $206.14.
• Following the transaction, Clark beneficially owns 40,584 shares, which includes 1,810 unvested restricted stock units and 26,000 unvested shares of restricted stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate a positive or negative outlook for the company.

Industry Context

This is a standard Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency to the market regarding insider activity.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard tax withholding event.

Key Dates

Keywords

Form 4, Paycom Software Inc., PAYC, Jason D. Clark, Chief Administrative Officer, Stock Transaction, Beneficial Ownership, Restricted Stock, Tax Withholding