secwatch.observer — SEC 8-K summary
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Issuer:     Paycom Software, Inc. (PAYC)
CIK:        0001590955
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001193125-26-058247
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590955/000119312526058247/0001193125-26-058247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590955/000119312526058247/payc-20260218.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-058247

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer