---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-058247"
form_type: "8-K"
ticker: "PAYC"
cik: "0001590955"
company_name: "Paycom Software, Inc."
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:44:36.601621+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Paycom appoints Shane Hadlock as President; bylaws amended for officer roles

## Summary
- Shane Hadlock named President and Chief Client Officer, effective Feb 18, 2026.
- Hadlock, 51, has nearly 14 years at Paycom; annual base salary raised to $700,000.
- COO Randy Peck will report to Hadlock; Chad Richison remains CEO and Chairman.
- Bylaws amended: CEO or Board may assign President's duties; 'Principal Competitor' definition updated.
- Press release issued Feb 19, 2026, announcing the promotion.

## SEC filing metadata
- accession: 0001193125-26-058247
- form_type: 8-K
- ticker: PAYC
- cik: 0001590955
- company_name: Paycom Software, Inc.
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590955/000119312526058247/0001193125-26-058247-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590955/000119312526058247/payc-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-058247
- JSON: https://secwatch.observer/filing/0001193125-26-058247.json
- Plain text: https://secwatch.observer/filing/0001193125-26-058247.txt

## Source-grounded claims
- claim_id: 61b9b38c03962b14bb87755222050a93a16f8b43
  claim: 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).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000119312526058247/0001193125-26-058247-index.htm
- claim_id: 6f243ae6de69dc0628fbcf9664f1ce377669ed27
  claim: 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).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000119312526058247/0001193125-26-058247-index.htm

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