Richison Chad R. 4
4 · Paycom Software, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Paycom (PAYC) 10% Owner Chad R. Richison Gifts 25,000 Shares
What Happened
- Chad R. Richison, a reported 10% owner of Paycom Software, Inc. (PAYC), reported two gift transactions on June 15, 2026. The Form 4 shows a gift disposition of 12,500 shares and a gift acquisition of 12,500 shares, each reported at $0.00 per share (total value $0). These entries indicate transfers by gift rather than a market purchase or sale.
Key Details
- Transaction date(s): June 15, 2026
- Transactions: Gift (G) — 12,500 shares disposed @ $0.00; Gift (G) — 12,500 shares acquired @ $0.00
- Reported value: $0 (no cash consideration)
- Shares owned after transaction: Not specified in the provided filing summary
- Relevant footnote(s): F1 indicates shares may be held by the Charis Michelle Richison Trust (spouse trust); the reporting person may be deemed to beneficially own shares held in related trusts. Other footnotes list multiple family trusts for which the reporting person is settlor/trustee.
- Filing timeliness: Form filed 2026-06-16 for transactions on 2026-06-15 (appears to be timely; no late-filing flag shown)
Context
- Gifts transfer legal ownership but do not represent a market buy or sell and therefore are not a clear signal of the insider’s market view. For large/10% owners, such transfers are often for estate planning or family trust arrangements; the filing’s footnotes show multiple trusts related to the reporting person. Because the reported price is $0, no purchase price or proceeds were involved.
Insider Transaction Report
Form 4
Richison Chad R.
DirectorCEO and Chairman10% Owner
Transactions
- Gift
Common Stock
[F1]2026-06-15−12,500→ 0 total(indirect: By Trust) - Gift
Common Stock
[F2]2026-06-15+12,500→ 2,774,921 total
Holdings
- 1,199(indirect: By Trust)
Common Stock
[F3] - 1,199(indirect: By Trust)
Common Stock
[F4] - 1,199(indirect: By Trust)
Common Stock
[F5] - 1,199(indirect: By Trust)
Common Stock
[F6] - 1,199(indirect: By Trust)
Common Stock
[F7] - 1,199(indirect: By Trust)
Common Stock
[F8] - 440(indirect: By Trust)
Common Stock
[F9] - 440(indirect: By Trust)
Common Stock
[F10] - 56(indirect: By Trust)
Common Stock
[F11] - 3,217,249(indirect: By Ernest Group, Inc.)
Common Stock
[F12]
Footnotes (12)
- [F1]Represents shares of common stock owned by the Charis Michelle Richison Trust (the "Spouse Trust"). The Spouse Trust is a revocable trust for the benefit of the reporting person's spouse. The reporting person may be deemed to beneficially own the shares of common stock owned by the Spouse Trust.
- [F10]Represents shares of common stock owned by the Ian D. Richison 2012 Irrevocable Trust (the "IDR Trust"). The reporting person is the settlor and sole trustee for the IDR Trust, which is for the benefit of the reporting person's child. The reporting person may be deemed to beneficially own the shares of common stock owned by the IDR Trust.
- [F11]Represents shares of common stock owned by the Abrie R. Richison 2012 Irrevocable Trust (the "ARR Trust"). The reporting person is the settlor and sole trustee for the ARR Trust, which is for the benefit of the reporting person's child. The reporting person may be deemed to beneficially own the shares of common stock owned by the ARR Trust.
- [F12]Represents shares of common stock owned by Ernest Group, Inc. ("Ernest Group"). The reporting person is the sole director of Ernest Group, and Ernest Group is wholly owned by the reporting person and certain trusts for the reporting person's children, for which the reporting person serves as trustee. The reporting person may be deemed to beneficially own the shares of common stock owned by Ernest Group.
- [F2]Includes 100,593 unvested restricted stock units.
- [F3]Represents shares of common stock owned by the Faye Penelope Richison 2023 Irrevocable Trust (the "FPR Trust"). The reporting person is the settlor and sole trustee for the FPR Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the FPR Trust.
- [F4]Represents shares of common stock owned by the Rome West Pedersen 2023 Irrevocable Trust (the "RWP Trust"). The reporting person is the settlor and sole trustee for the RWP Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the RWP Trust.
- [F5]Represents shares of common stock owned by the Lane West Richison 2022 Irrevocable Trust (the "LWR Trust"). The reporting person is the settlor and sole trustee for the LWR Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the LWR Trust.
- [F6]Represents shares of common stock owned by the Kase Gabriel Richison 2022 Irrevocable Trust (the "KGR Trust"). The reporting person is the settlor and sole trustee for the KGR Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the KGR Trust.
- [F7]Represents shares of common stock owned by the Sage Elizabeth Richison 2022 Irrevocable Trust (the "SER Trust"). The reporting person is the settlor and sole trustee for the SER Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the SER Trust.
- [F8]Represents shares of common stock owned by the Charles Banks Pedersen 2022 Irrevocable Trust (the "CBP Trust"). The reporting person is the settlor and sole trustee for the CBP Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the CBP Trust.
- [F9]Represents shares of common stock owned by the Ava L. Richison 2012 Irrevocable Trust (the "ALR Trust"). The reporting person is the settlor and sole trustee for the ALR Trust, which is for the benefit of the reporting person's child. The reporting person may be deemed to beneficially own the shares of common stock owned by the ALR Trust.
Signature
/s/ Matthew Paque, attorney-in-fact|2026-06-16