Form 4: Paycom Software CFO Craig E. Boelte Reports Stock Transaction

Paycom Software's Chief Financial Officer, Craig E. Boelte, reported a disposition of 1,150 shares of common stock on December 2, 2024.

Summary

• Craig E. Boelte, the Chief Financial Officer of Paycom Software, Inc., filed a Form 4 indicating a transaction involving the company's stock.
• On December 2, 2024, Mr. Boelte disposed of 1,150 shares of Paycom common stock.
• The disposition was a gift, and the price per share was $0.00.
• Following the transaction, Mr. Boelte directly owns 292,699 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 and does not contain any information that would significantly impact sentiment. It is a neutral event.

Industry Context

Form 4 filings are a routine part of regulatory compliance for company insiders and are closely watched by investors for insights into management's view of the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, as mandated by the Securities and Exchange Commission (SEC).
• Similar filings are made by executives and directors at companies like Workday (WDAY), ADP (ADP), and Oracle (ORCL), which are Paycom's competitors in the human capital management software space.
• The volume of shares disposed of is relatively small compared to the total shares owned by the CFO, which is a common pattern in these types of filings.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine filing by a company insider.

Key Dates

Keywords

Paycom Software, Form 4, insider trading, stock transaction, Craig E. Boelte, CFO, equity securities, beneficial ownership