Paycom Software, Inc.·4

May 6, 4:30 PM ET

BINZ JOSEPH LEO 4

Research Summary

AI-generated summary

Updated

Paycom (PAYC) Director Joseph Binz Receives Restricted Stock Award

What Happened
Joseph L. Binz, a director of Paycom Software, was granted 1,890 shares of restricted stock on May 4, 2026. The Form 4 reports the acquisition at $0.00 per share (award/grant), reflecting a compensation award rather than an open-market purchase. The grant is reported under Paycom’s 2023 Long-Term Incentive Plan.

Key Details

  • Transaction date: 2026-05-04; Form 4 filed 2026-05-06 (filed within the typical 2-business-day window).
  • Transaction type/code: Award/Grant (A). Price reported: $0.00 per share. Total shares granted: 1,890.
  • Footnote F1: The shares are restricted stock granted under the Paycom Software, Inc. 2023 Long-Term Incentive Plan.
  • Footnote F2: The filing notes “Includes 2,989 unvested shares of restricted stock.”
  • Shares owned after transaction: Not explicitly stated in the provided transaction line; filing includes the unvested-share note above.
  • No indication of a 10b5-1 plan, cashless exercise, sale, or tax-withholding in the reported transaction.

Context
Restricted stock awards are a common form of executive/director compensation and typically vest over time or upon meeting service/performance conditions. Because this is an award (not a purchase or sale), it should be viewed as compensation rather than a direct market signal of the insider’s buy/sell intent.