Paycom (NYSE: PAYC) CFO nets 9,589 vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paycom Software, Inc. Chief Financial Officer Robert D. Foster reported equity compensation activity involving the company’s common stock. On February 10, 2026, he acquired 9,589 shares at $0 upon vesting of performance-based restricted stock units under Paycom’s 2023 Long-Term Incentive Plan.
To cover tax withholding on this vesting, 3,515 shares were withheld by Paycom at $124.94 per share, with the filing clarifying that no shares were sold in this transaction. After these entries, Foster directly beneficially owns 19,852 shares and indirectly 26 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Foster Robert D.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,589 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,515 | $124.94 | $439K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 23,367 shares (Direct);
Common Stock — 26 shares (Indirect, By Spouse)
Footnotes (1)
- Represents shares of common stock of Paycom Software, Inc. (the "Issuer") acquired by the reporting person upon the vesting of performance-based restricted stock units granted to the reporting person on February 21, 2025, under the Paycom Software, Inc. 2023 Long-Term Incentive Plan. Includes 6,393 unvested restricted stock units and 3,750 unvested shares of restricted stock. Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the performance-based restricted stock units described in footnote (1) above. No shares were sold in this transaction.
FAQ
What insider transaction did Paycom (PAYC) CFO Robert D. Foster report?
Robert D. Foster reported vesting of performance-based equity awards and related tax withholding. He acquired 9,589 Paycom common shares at $0 from restricted stock units, while 3,515 shares were withheld by the company at $124.94 solely to satisfy tax obligations, with no open-market sale.
What type of equity awards vested for the Paycom (PAYC) CFO?
The vesting involved performance-based restricted stock units granted on February 21, 2025. These awards were issued under the Paycom Software, Inc. 2023 Long-Term Incentive Plan and converted into 9,589 shares of common stock upon meeting vesting conditions.
What does transaction code F mean in the Paycom (PAYC) CFO’s Form 4?
Transaction code F indicates shares used to pay tax or exercise costs. In this filing, 3,515 Paycom shares were withheld by the issuer solely to satisfy tax withholding on vested units, and the footnote clarifies no shares were actually sold.