secwatch.observer — SEC 8-K summary
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Issuer:     Paycom Software, Inc. (PAYC)
CIK:        0001590955
Form:       8-K/A
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001193125-26-058412
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590955/000119312526058412/0001193125-26-058412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590955/000119312526058412/payc-20260218.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-058412

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