Foster Robert D. 4

What Happened

• Robert D. Foster, Chief Financial Officer of Paycom Software, had 969 shares of Paycom common stock withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. The withholding was recorded at $131.59 per share for a total value of about $127,511. No shares were sold in this transaction.

Key Details

• Transaction date: February 5, 2026; Form 4 filed February 9, 2026 (Accession: 0001193125-26-042259).
• Withheld: 969 shares at $131.59/share = ~$127,511 (transaction code F = tax withholding).
• Vesting event: 3,196 RSUs vested; 969 shares were withheld for taxes, leaving 2,227 net shares delivered to Foster (3,196 - 969).
• Holdings reported: filing notes 6,393 unvested RSUs and 3,750 unvested restricted shares (footnote F2).
• Footnote: F1 clarifies the withholding was to satisfy tax obligations on the RSU vesting; no open-market sale occurred.

Context

• Tax-withholding (code F) is a routine administrative action when equity awards vest and does not indicate an open-market sale or active disposition by the insider.
• This is not a purchase signal; it simply reflects withholding to cover taxes on vested equity.