Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Paycom Software, Inc.: Updated description of the President's role: duties may be assigned by Board or CEO, and performance subject to direction of Board or CEO, instead of Board alone (effective 2026-02-18).
- Change
- bylaw amendment
- Effective
- 2026-02-18
Exact text from the filing
The Amended and Restated Bylaws reflect an updated description of the role of the President, such that the President’s duties may be assigned by the Board or the Chief Executive Officer, rather than the Board alone, and the President’s performance of his duties is subject to the direction of the Board or the Chief Executive Officer, rather than the Board alone.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Paycom Software, Inc.: Updated definition of 'Principal Competitor' in advance notice provisions: now means any entity that the Board determines, in good faith, provides competing products or services (effective 2026-02-18).
- Change
- bylaw amendment
- Effective
- 2026-02-18
Exact text from the filing
Pursuant to the Amended and Restated Bylaws, “Principal Competitor” means any entity that the Board determines, in good faith, provides products or services that compete with or are alternatives to the principal products produced or services provided by the Company or its affiliates.
View on SEC.gov