$PAYC

Hadlock Terrell Shane sold $670K of PAYC

Hadlock Terrell Shane (President/Chief Client Officer) sold 2,818 shares of Paycom Software, Inc. (PAYC) at an average of $237.82 ($237.00–$240.07, $0.67M total) across 3 trades over 2026-08-27 to 2026-08-28.

Original reporting
SEC EDGAR · Hadlock Terrell Shane
Published Aug 31, 2026, 8:10 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 31, 2026, 8:27 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$PAYC
Neutral
medium confidence
Mentioned
$PAYC
Relevance
5/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PAYCNeutralLow
01

Why it matters

The disclosed sale is the first public report of this transaction, providing new data for investors.

02

Market read

Provides fresh insider activity data; likely limited market impact due to modest size.

03

What to watch

Potential tax planning or liquidity needs unrelated to company performance.

Relevance 5/10Novelty 5/10Timing: post‑market filing on Aug 31

Background

SEC Form 4 filings disclose insider transactions; this filing reports a recent sale by a senior executive.

Company-level read

Ticker impact

$PAYCNeutralMedium confidence
Context

President/Chief Client Officer sold 2,818 shares for $670K, reducing his stake to 69,911 shares.

Expected impact

Minor downward pressure, likely negligible price movement.

Evidence & confidence

Sale amount is under $1M and represents a small percentage of holdings; market may not react strongly.

Market effects

Minimal impact on HR/tech services sector.

No regional effect.

Limited to Paycom investors.

Counterpoint

Insider may be diversifying; sale does not imply negative outlook.

Key entities

  • Hadlock Terrell Shane

    President/Chief Client Officer of Paycom Software, Inc.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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