Paycom Software, Inc. insider William Xavier Kerber III reported a change in beneficial ownership of Paycom common stock tied to a restricted stock award dated July 8, 2026. The Form 4 was signed by Kerber on July 10, 2026. The filing describes the securities as Paycom common stock and states that the reported shares “represent shares of restricted stock” granted to Kerber under the Paycom Software, Inc. 2023 Long-Term Incentive Plan. The disclosure indicates the transaction was an equity-compensation grant rather than an open-market purchase or sale. A filing note says Kerber’s reported holdings include 1,353 unvested shares of restricted stock. The provided filing text does not show the full transaction table, so it does not specify the exact transaction code, the number of shares newly granted on July 8, the reported transaction price, or Kerber’s total beneficial ownership after the transaction beyond the note regarding 1,353 unvested restricted shares. The action matters because restricted stock grants are a common form of executive or employee compensation. They increase an insider’s equity exposure to the company, but the shares typically remain subject to vesting conditions before they are fully owned without restriction. No explanatory note in the provided text indicates any sale, disposition, option exercise, or cash purchase associated with the reported change.