Form 4: Paycom Software CFO Craig E. Boelte Reports Gift of 1,000 Shares
SEC Form 4 Filing
Paycom Software's CFO, Craig E. Boelte, reported a gift of 1,000 common stock shares on May 20, 2024.
Summary
- On May 20, 2024, Craig E. Boelte, the Chief Financial Officer of Paycom Software, Inc. (PAYC), reported a transaction involving the company's common stock.
- Boelte gifted 1,000 shares of Paycom common stock.
- The shares were gifted at a price of $0.00.
- Following the transaction, Boelte directly owns 306,731 shares of Paycom common stock, which includes 9,445 unvested restricted stock units and 33,000 unvested shares of restricted stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing reporting a gift of shares, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a personal transaction of an executive.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of the gift transaction of Paycom common stock. |
| 05/22/2024 | Date the Form 4 was signed. |
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