---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-058412"
form_type: "8-K/A"
ticker: "PAYC"
cik: "0001590955"
company_name: "Paycom Software, Inc."
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:44:46.423202+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Paycom appoints Shane Hadlock as President effective Feb 18, 2026; bylaws amended

## Summary
- Shane Hadlock promoted to President and Chief Client Officer, serving as sole principal operating officer effective Feb 18, 2026.
- Salary increased to $700,000; Hadlock has 14 years at Paycom, previously overseeing client service and IT.
- COO Randy Peck will report to Hadlock; Chad Richison remains CEO and Chairman.
- Bylaws amended to allow CEO to assign President's duties and redefine 'Principal Competitor' with Board discretion.

## SEC filing metadata
- accession: 0001193125-26-058412
- form_type: 8-K/A
- 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: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590955/000119312526058412/0001193125-26-058412-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590955/000119312526058412/payc-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-058412
- JSON: https://secwatch.observer/filing/0001193125-26-058412.json
- Plain text: https://secwatch.observer/filing/0001193125-26-058412.txt

## Source-grounded claims
- claim_id: 06605092c075d294401c2ea75a4f0a0585fb38c8
  claim: Paycom Software, Inc.: Amended and restated bylaws to update description of President's role (duties assignable by Board or CEO) and redefine 'Principal Competitor' (effective 2026-02-18).
  evidence_excerpt: On February 18, 2026, the Board approved amended and restated bylaws of the Company (as so amended and restated, the “ Amended and Restated Bylaws ”). 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. The Amended and Restated Bylaws also include an updated definition of “Principal Competitor,” as such term is used in the advance notice provisions. Previously, the definition of “Principal Competitor” referenced competitors of the Company identified in certain filings with the Securities and Exchange Commission made by the Company. Pursuant to the Amended and Restated Bylaws, “Principal Competitor” means any entity that the Board determines, in good faith, provides products or se
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000119312526058412/0001193125-26-058412-index.htm

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