Richison Chad R. 4

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.