York Jeffrey D. 4
Research Summary
AI-generated summary
Paycom (PAYC) Chief Sales Officer Jeffrey York Receives RSU Award
What Happened
- Jeffrey D. York, Chief Sales Officer of Paycom Software, was granted 13,967 restricted stock units (RSUs) on 2026-02-18. The award is reported as an acquisition (code A) at $0.00 per share (standard for RSU grants); the Form 4 was filed on 2026-02-20. This is a compensation award (not a market purchase or sale).
Key Details
- Transaction date: 2026-02-18; Filing date: 2026-02-20 (timely — within the two-business-day Form 4 window).
- Shares granted: 13,967 RSUs; reported acquisition price: $0.00 (no cash paid at grant).
- Footnotes: Grant made under the Paycom Software, Inc. 2023 Long-Term Incentive Plan (F1). The filing indicates these 13,967 RSUs are unvested (F2). Beneficial ownership reported includes shares held by the York Revocable Trust and JCY Holdings, LP; the footnotes explain the trust and entity relationships (F3, F4).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
- RSUs are a non-cash compensation award that convert to shares upon vesting per the LTIP schedule; they do not represent an immediate market purchase or sale and typically reflect compensation/retention incentives.
- This filing reports an award (A). It does not indicate immediate sale, exercise, or tax-withholding disposition of shares.