Peck Randall 4
Research Summary
AI-generated summary
Paycom (PAYC) COO Randall Peck Sells 3,697 Shares (Tax Withholding)
What Happened
Randall Peck, Chief Operating Officer of Paycom Software (PAYC), had 3,697 shares of Paycom common stock withheld by the company on Feb 5, 2026 to satisfy tax withholding obligations tied to vested awards. The transaction is reported at $131.59 per share for a total value of approximately $486,488. This was a share‑withholding to cover taxes (code F), not an open‑market sale.
Key Details
- Transaction date: 2026-02-05; filing date: 2026-02-09 (filed within the required 2-business-day window).
- Price reported: $131.59 per share; total value shown: $486,488.
- Nature of transaction: Code F — shares withheld by issuer to satisfy tax withholding on vesting (no shares sold on the market).
- Footnote F1: Withheld shares relate to vesting of (i) 6,375 restricted shares (granted May 30, 2024), (ii) 1,748 restricted stock units (granted May 30, 2024), and (iii) 2,796 restricted stock units (granted Feb 21, 2025).
- Footnote F2: Reporting includes 26,441 unvested restricted shares and 7,342 unvested restricted stock units.
Context
This was a routine cashless withholding to cover taxes triggered by vesting of restricted stock/RSUs, not an outright sale or purchase. Such withholding transactions are common and generally reflect tax obligations rather than an insider’s view on the stock.