Paycom Software Q1 2025 Update: Stock, Repurchases
Ticker: PAYC · Form: 10-Q · Filed: May 8, 2025 · CIK: 1590955
| Field | Detail |
|---|---|
| Company | Paycom Software, Inc. (PAYC) |
| Form Type | 10-Q |
| Filed Date | May 8, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, stock-awards, shareholder-returns
TL;DR
**Paycom Q1 2025: Stock buyback plan active, watch for future filings.**
AI Summary
Paycom Software, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates, including information on stock awards and subsequent events. A significant subsequent event noted is the company's stock repurchase plan, with a maximum authorized repurchase date of July 31, 2024, and a related event on May 6, 2025.
Why It Matters
This filing provides insight into Paycom's financial health and strategic decisions regarding capital allocation, impacting investor confidence and stock valuation.
Risk Assessment
Risk Level: medium — The filing contains details about stock-based compensation and repurchase plans, which can introduce volatility and impact shareholder value.
Key Numbers
- 72 — Public Document Count (Indicates the volume of documents associated with this filing.)
- 1231 — Fiscal Year End (Defines the company's annual financial reporting cycle.)
Key Players & Entities
- Paycom Software, Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of reporting period
- 20250508 (date) — Filing date
- 7501 W. MEMORIAL ROAD, OKLAHOMA CITY, OK 73142 (address) — Company's business and mail address
- 2024-07-31 (date) — Maximum date for stock repurchase plan
- 2025-05-06 (date) — Date of a subsequent event
FAQ
What is the primary purpose of the 10-Q filing for Paycom Software, Inc.?
The 10-Q filing provides a comprehensive quarterly update on Paycom Software, Inc.'s financial performance and business operations for the period ending March 31, 2025.
What specific stock-related plans are mentioned in the filing?
The filing mentions 'RestrictedStockAwardsAndPSUAwards' for the period of January 1, 2024, to March 31, 2024, and 'TimeBasedRestrictedStockAwards' for non-executive employees under the 'TwoThoudandAndTwentyThreeLTIPMember'.
What is the significance of the date 2025-05-06 mentioned in the filing?
The date 2025-05-06 is associated with a 'SubsequentEventMember', indicating an important event that occurred after the reporting period but before the filing date.
What is the 'StockRepurchasePlan' and its associated date?
The 'StockRepurchasePlan' is mentioned with 'srt:MaximumMember' and a date of 2024-07-31, suggesting a plan for repurchasing company stock with a specified maximum timeframe.
What are some of the expense categories detailed in the filing for the first quarter of 2024?
The filing details expenses such as 'CostsToObtainContract', 'ResearchAndDevelopmentExpense', and 'EmployeeStock' expenses for the period of January 1, 2024, to March 31, 2024.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 8, 2025 regarding Paycom Software, Inc. (PAYC).