Paycom Software, Inc. (PAYC) Form SCHEDULE 13D/A — Sep 3, 2026
Ernest Group, Inc., the investment vehicle of Paycom Software founder and CEO Chad Richison, entered into a Rule 10b5-1 sales plan with J.P. Morgan Securities LLC on September 1, 2026, authorizing sales of up to 1,090,000 Paycom shares. The disclosure comes via Amendment No. 21 to the group's Schedule 13D.
Key figures
- Shares Outstanding
- 45071619
- Plan Window
- Begins on the later of December 1, 2026 or the third trading day after Q3 2026 10-Q disclosure; ends June 1, 2027
- Amendment Number
- 21
- Richison Shares Owned
- 5899707
- Richison Percent Owned
- 13.1%
- Shares Under10b5 1 Plan
- 1090000
- Ernest Group Shares Owned
- 3217249
- Shares Outstanding Basis
- 45,071,619 shares including 786,338 restricted stock as of July 28, 2026, per Q2 2026 10-Q filed August 6, 2026
- Ernest Group Percent Owned
- 7.1%
- Plan Shares Percent Of Outstanding
- ~2.4%
AI analysis
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