Paycom Software, Inc.·4

Jul 10, 4:10 PM ET

KERBER WILLIAM XAVIER III 4

Research Summary

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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.