---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-111680"
form_type: "8-K"
ticker: "PAYC"
cik: "0001590955"
company_name: "Paycom Software, Inc."
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T18:55:30.620083+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Paycom amends bylaws to remove certain stockholder proposal disclosure requirements

## Summary
- Board amended bylaws on April 21, 2023, removing requirements related to director nominations at other public companies.
- Stockholder notices no longer need to disclose plans to nominate directors at other public companies within next 12 months or prior 36 months.
- The amendment reduces information requirements for stockholder proposals in director elections.

## SEC filing metadata
- accession: 0001193125-23-111680
- form_type: 8-K
- ticker: PAYC
- cik: 0001590955
- company_name: Paycom Software, Inc.
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590955/000119312523111680/0001193125-23-111680-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590955/000119312523111680/d468241d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-111680
- JSON: https://secwatch.observer/filing/0001193125-23-111680.json
- Plain text: https://secwatch.observer/filing/0001193125-23-111680.txt

## Key facts
- Governance Changes
  Paycom Software, Inc.: Removed requirements for stockholder notices to include plans or proposals to nominate directors at other public companies within 12 months and any such nominations within previous 36 months (effective 2023-04-21).
  - Change: bylaw amendment
  - Effective: 2023-04-21
  source text: On April 21, 2023, the Board of Directors (the “ Board ”) of Paycom Software, Inc. (the “ Company ”) amended and restated the Company’s existing amended and restated bylaws (as so amended and restated, the “ Amended and Restated Bylaws ”) to remove the requirements that, in connection with the nomination of any nominee to stand for election to the Board, a proposing stockholder’s timely notice to the Secretary of the Company set forth or include as to the proposing stockholder (i) any plans or proposals on the part of such proposing stockholder or any related person of such proposing stockholder to nominate directors at any other public company within the following 12 months and (ii) any proposals or nominations submitted on behalf of such proposing stockholder or any related person of such proposing stockholder seeking to nominate directors at any other public company within the previous 36 months, whether or not such proposal or nomination was publicly disclosed.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000119312523111680/0001193125-23-111680-index.htm

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