Peck Randall 4

What Happened
Peck Randall, Chief Operating Officer of Paycom Software, had 336 shares of Paycom common stock withheld by the issuer on May 10, 2026 to satisfy tax withholding obligations tied to vested awards. The withholding was reported at $138.44 per share for a notional value of $46,516. The filing classifies the transaction under code F (payment of exercise price or tax liability); the issuer withheld the shares rather than Randall selling shares in the open market.

Key Details

• Transaction date: 2026-05-10; reported on Form 4 filed 2026-05-12 (timely, within typical 2-business-day window).
• Price per share: $138.44; total value of withheld shares: $46,516.
• Reported disposition: 336 shares withheld (code F). The filing notes "No shares were issued or sold in this transaction."
• Footnote F1: Withheld shares relate to tax obligations from vesting of restricted stock grants dated Apr 30, 2023 (42 shares), Dec 28, 2023 (625 shares), and Feb 23, 2024 (97 shares).
• Footnote F2: Reporting person holds additional unvested awards: 17,318 restricted stock units and 25,677 unvested restricted shares.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context
Share withholding to cover taxes on vesting is a common, administrative action and differs from an open-market sale; it reduces the number of shares issued to the insider but does not necessarily indicate a change in sentiment. For retail investors, purchases or open-market sales tend to be more informative about insider conviction than routine tax-withholding transactions.