---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-042257"
form_type: "8-K"
ticker: "PAYC"
cik: "0001590955"
company_name: "Paycom Software, Inc."
filed_at: "2024-04-05T23:59:59+00:00"
generated_at: "2026-06-04T01:48:51.740216+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Paycom promotes Amy Walker to EVP of Sales; former CSO Holly Faurot moves to consulting role

## Summary
- Amy Walker appointed EVP of Sales, effective April 1, 2024; salary $517,000, 4,000 target PSUs, $600,000 cash bonus.
- Holly Faurot transitions to non-employee consultant for 12 months at $42,557/month; unvested equity awards canceled.
- Faurot's canceled awards: 30,370 restricted stock, 5,902 RSUs, 10,782 PSUs; 3,000 time-based shares accelerated.
- Walker, a ~14-year Paycom veteran, previously led outside sales since Nov 2023; will also oversee emerging markets and client relations.
- Consulting agreement includes non-solicitation for 24 months post-termination and confidentiality provisions.

## SEC filing metadata
- accession: 0000950170-24-042257
- form_type: 8-K
- ticker: PAYC
- cik: 0001590955
- company_name: Paycom Software, Inc.
- filed_at: 2024-04-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590955/000095017024042257/0000950170-24-042257-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590955/000095017024042257/payc-20240401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-042257
- JSON: https://secwatch.observer/filing/0000950170-24-042257.json
- Plain text: https://secwatch.observer/filing/0000950170-24-042257.txt

## Key facts
- Executive change
  Amy Walker was appointed as Executive Vice President of Sales at Paycom Software, Inc..
  - Action: appointed
  - Role: Executive Vice President of Sales
  source text: On April 1, 2024, the Board of Directors of Paycom Software, Inc. (the “ Company ”) appointed Amy Walker to serve as Executive Vice President of Sales.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000095017024042257/0000950170-24-042257-index.htm
- Executive change
  Holly Faurot changed role as Chief Sales Officer at Paycom Software, Inc..
  - Action: transitioned
  - Role: Chief Sales Officer
  source text: Holly Faurot, the Company’s former Chief Sales Officer, will transition to a non-employee consulting role.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000095017024042257/0000950170-24-042257-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.