Hadlock Terrell Shane 4

What Happened

Terrell Hadlock, President and Chief Client Officer of Paycom Software, received a grant of 20,950 restricted stock units (RSUs) on February 18, 2026. The reported per‑share price is $0.00 for the award (code A — award/grant), so there was no cash outlay; reported value is $0. The filing also notes Hadlock holds 21,165 unvested shares of restricted stock in addition to the 20,950 RSUs.

Key Details

• Transaction date: 2026-02-18 (Form 4 filed 2026-02-20; appears timely)
• Transaction type: Award/Grant of restricted stock units (SEC code A)
• Shares granted: 20,950 RSUs at $0.00 (no cash paid)
• Shares/units reported after transaction: 20,950 unvested RSUs + 21,165 unvested restricted shares = 42,115 total unvested equity reported (per footnote)
• Footnotes: F1 — RSUs granted under the Paycom 2023 Long‑Term Incentive Plan; F2 — clarifies counts of unvested RSUs and restricted shares
• No indication of a 10b5‑1 plan, sale, tax withholding, or cashless exercise in this filing

Context

RSU grants are a form of equity compensation that generally vest over time or upon performance conditions; they do not represent immediately tradable shares until vested and settled. Awards are common corporate compensation and are not the same signal as an open‑market purchase or sale. This filing documents the grant and outstanding unvested awards but does not imply a buy or sell decision by the insider.