0001590955false00015909552024-02-052024-02-05

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): February 5, 2024

 

Paycom Software, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction
of incorporation)

001-36393

(Commission
File Number)

80-0957485

(IRS Employer
Identification No.)

 

7501 W. Memorial Road, Oklahoma City, Oklahoma

(Address of principal executive offices)

73142

(Zip Code)

 

Registrant’s telephone number, including area code: (405) 722-6900

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange on which registered

Common Stock, $0.01 par value

 

PAYC

 

New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§ 240.12b–2 of this chapter).

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 8.01 Other Events

 

On February 5, 2024, Paycom Software, Inc. (the “Company”) issued a press release announcing that the Board of Directors of the Company declared a regular quarterly cash dividend of $0.375 per share of Company common stock. The dividend will be paid on March 18, 2024, to stockholders of record as of the close of business on March 4, 2024.

 

A copy of the Company’s press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

 

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit
No.

Description of Exhibit

 

 

 

99.1

Press release, dated February 5, 2024, issued by Paycom Software, Inc.

 

 

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

PAYCOM SOFTWARE, INC.

 

 

 

 

 

 

Date: February 5, 2024

By:

/s/ Craig E. Boelte

 

Name:

Craig E. Boelte

 

Title:

Chief Financial Officer

 

 

Exhibit 99.1

Paycom Announces Quarterly Cash Dividend

OKLAHOMA CITY – February 5, 2024 – (BUSINESS WIRE) – Paycom Software, Inc. (“Paycom”) (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced today that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on March 18, 2024, to all stockholders of record as of the close of business on March 4, 2024.

About Paycom

For 25 years, Paycom Software, Inc. (NYSE:PAYC) has simplified businesses and the lives of their employees through easy-to-use HR and payroll technology to empower transparency through direct access to their data. And thanks to its industry-first solution, Beti®, employees now do their own payroll and are guided to find and fix costly errors before payroll submission. From onboarding and benefits enrollment to talent management and more, Paycom’s software streamlines processes, drives efficiencies and gives employees power over their own HR information, all in a single app. Recognized nationally for its technology and workplace culture, Paycom can now serve businesses of all sizes in the U.S. and internationally.

 

Investor Relations Contact:
James Samford
investors@paycom.com

 

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Feb. 05, 2024
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Entity Central Index Key 0001590955
Document Type 8-K
Document Period End Date Feb. 05, 2024
Entity Registrant Name Paycom Software, Inc.
Entity Incorporation State Country Code DE
Entity File Number 001-36393
Entity Tax Identification Number 80-0957485
Entity Address, Address Line One 7501 W. Memorial Road
Entity Address, City or Town Oklahoma City
Entity Address, State or Province OK
Entity Address, Postal Zip Code 73142
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Security 12b Title Common Stock, $0.01 par value
Trading Symbol PAYC
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