KERBER WILLIAM XAVIER III 4
4 · Paycom Software, Inc. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
Paycom (PAYC) Director William Kerber Receives Restricted Stock Award
What Happened
- William Xavier Kerber III, a director of Paycom Software, received a grant of 1,353 shares of restricted stock on 2026-07-08. The shares were issued at $0.00 (award/grant), and the filing reports these as unvested restricted stock under the company’s 2023 Long-Term Incentive Plan. This is a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-07-08 — Award/Grant (code A)
- Shares granted: 1,353 restricted shares; Price: $0.00; Reported total value: $0
- Shares owned after transaction: Not specified in this Form 4 filing
- Footnotes: F1 = grant under Paycom’s 2023 Long-Term Incentive Plan; F2 = the 1,353 shares are unvested restricted stock
- Filing timeliness: Form 4 was filed 2026-07-10 for a 2026-07-08 transaction (appears to be filed within the normal two-business-day window)
Context
- Restricted stock awards are compensation and typically vest over time or upon meeting performance/service conditions; they do not represent an immediate cash purchase and may be forfeited if vesting conditions aren’t met. Such grants are routine executive/director compensation and should be viewed as remuneration rather than a direct market buy signal.
Insider Transaction Report
Form 4
KERBER WILLIAM XAVIER III
Director
Transactions
- Award
Common Stock
[F1][F2]2026-07-08+1,353→ 6,341 total
Footnotes (2)
- [F1]Represents shares of restricted stock granted to the reporting person under the Paycom Software, Inc. 2023 Long-Term Incentive Plan.
- [F2]Includes 1,353 unvested shares of restricted stock.
Signature
/s/ William Xavier Kerber III|2026-07-10