---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-089524"
form_type: "8-K"
ticker: "PAYC"
cik: "0001590955"
company_name: "Paycom Software, Inc."
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T06:59:41.980005+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Paycom VP of Operations Justin Long resigns; severance includes $395,756 cash and accelerated vesting of 1,505 RSUs

## Summary
- Justin Long resigned as VP of Operations effective March 28, 2023.
- Cash severance of $395,756.16 (one year base salary plus 12 months COBRA).
- Accelerated vesting of 1,505 time-based restricted shares; remaining 225 unvested shares forfeited.
- Severance Agreement includes release of claims, non-solicitation, non-disparagement, and cooperation obligations.
- Long's departure is effective immediately; no replacement named in the filing.

## SEC filing metadata
- accession: 0001193125-23-089524
- form_type: 8-K
- ticker: PAYC
- cik: 0001590955
- company_name: Paycom Software, Inc.
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590955/000119312523089524/0001193125-23-089524-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590955/000119312523089524/d489316d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-089524
- JSON: https://secwatch.observer/filing/0001193125-23-089524.json
- Plain text: https://secwatch.observer/filing/0001193125-23-089524.txt

## Key facts
- Executive change
  Justin Long resigned as Vice President of Operations at Paycom Software, Inc..
  - Action: resigned
  - Role: Vice President of Operations
  source text: On March 28, 2023, Justin Long resigned from the position of Vice President of Operations of Paycom Software, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000119312523089524/0001193125-23-089524-index.htm

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