secwatch.observer — SEC 8-K summary
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Issuer:     Paycom Software, Inc. (PAYC)
CIK:        0001590955
Form:       8-K
Filed at:   2025-08-18T23:59:59+00:00
Accession:  0000950170-25-109719
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paycom CIO Brad Smith to resign Oct 31; Hadlock and Gannon promoted to CTO and CAO
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- Brad Smith resigns as CIO effective Oct 31, 2025; transitions to Senior Technical Strategist at Paycom Payroll.
- Shane Hadlock appointed Chief Client Officer and Chief Technology Officer, sharing principal operating officer role with Randy Peck.
- Rachael Gannon promoted to Chief Automation Officer, leading product strategy.
- Hadlock receives $550K base salary plus $500K cash bonus for 2025; Gannon receives $525K base plus $200K bonus.
- 7,000 shares and 5,393 RSUs vest for Smith upon release; 26,901 unvested time-based awards cancelled.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590955/000095017025109719/0000950170-25-109719-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590955/000095017025109719/payc-20250813.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-109719

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer