{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-026693","form_type":"8-K","ticker":"PAYC","cik":"0001590955","company_name":"Paycom Software, Inc.","filed_at":"2024-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.730816+00:00","generated_at":"2026-06-06T07:03:03.665764+00:00","sec_items":["5.02","5.03","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Paycom names Chris Thomas Co-CEO alongside founder Chad Richison; bylaws amended","bullets":["Christopher Thomas, former COO, appointed Co-CEO effective Feb 7, 2024; Richison becomes Co-CEO, President and Chairman.","Thomas receives $800k base salary, 17,209 time-based RSUs, 15,000 PSUs, and 4,104 immediate shares.","Richison forfeits 2020 CEO Performance Award (1.61M shares) due to title change; base salary also $800k.","Bylaws amended to allow two persons to hold same officer position simultaneously."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-026693","json":"https://secwatch.observer/filing/0001193125-24-026693.json","markdown":"https://secwatch.observer/filing/0001193125-24-026693.md","text":"https://secwatch.observer/filing/0001193125-24-026693.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590955/000119312524026693/0001193125-24-026693-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590955/000119312524026693/d710403d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:03:03.665764+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"70520a5c34","claim":"Christopher G. Thomas was appointed as Co-Chief Executive Officer at Paycom Software, Inc..","evidence_excerpt":"appointed Christopher G. Thomas as Co-Chief Executive Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590955/000119312524026693/0001193125-24-026693-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Co-Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"d88a5f59c9","claim":"Chad Richison was appointed as Co-Chief Executive Officer, President and Chairman of the Board at Paycom Software, Inc..","evidence_excerpt":"Effective February 7, 2024, Mr. Richison’s new title is Co-Chief Executive Officer, President and Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590955/000119312524026693/0001193125-24-026693-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Co-Chief Executive Officer, President and Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"8088d3e30c8e000564906ca61226af2e68cc45c9","claim":"Paycom Software, Inc.: Amended and Restated Bylaws to allow two persons to serve simultaneously in the same officer position (effective 2024-02-07).","evidence_excerpt":"The Amended and Restated Bylaws, which are effective February 7, 2024, provide that the Board may, by resolution, appoint two persons to the same office, such that an officer position may be filled by two individuals serving simultaneously.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590955/000119312524026693/0001193125-24-026693-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2024-02-07"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}