WATTS J C JR 4

What Happened

• J. C. Watts Jr., a director of Paycom Software, Inc. (PAYC), was granted 1,890 shares of restricted stock on May 4, 2026. The award was recorded at $0.00 per share (an equity grant under the company’s 2023 Long‑Term Incentive Plan) and is reported as an "A" (award/grant) transaction. This is an equity compensation grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: May 4, 2026; Filing date: May 6, 2026 (appears timely; filed two days after the grant).
• Shares granted: 1,890 restricted shares; reported price: $0.00 (standard for restricted stock grants).
• Footnotes: F1 — shares granted under the Paycom 2023 Long‑Term Incentive Plan. F2 — filing notes "includes 2,989 unvested shares of restricted stock."
• Shares owned following transaction: the Form 4 does not list a separate total in the summary provided here; the filing’s footnote references 2,989 unvested restricted shares.
• Transaction type: Award/grant (A) — not a sale or open‑market purchase.

Context

• Restricted stock grants typically vest over time and may be forfeited if vesting conditions aren’t met; they are compensation rather than an immediate buy/sell market signal. Such awards increase an insider’s equity stake on a vesting schedule but do not represent realized cash proceeds at grant.