{"url_path":"/sec/payc/8-k/2026-07-09/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-09","source_url":"https://www.sec.gov/Archives/edgar/data/1590955/0001193125-26-299695-index.html","accession_number":"0001193125-26-299695","cik":"0001590955","ticker":"PAYC","issuer_name":"Paycom Software, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1590955/0001193125-26-299695-index.html","primary_entity_key":"0001590955","primary_entity_name":"Paycom Software, Inc."},"word_count":477,"has_tables":true,"body_markdown":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nOn July 8, 2026, the Board of Directors (the “Board”) of Paycom Software, Inc. (the “Company”) increased the size of the Board from six directors to eight directors and appointed (i) Craig E. Boelte to the Board to serve as a Class I director and (ii) William Kerber to the Board to serve as a Class III director. Mr. Kerber was also appointed to serve on the audit committee of the Board concurrently with his appointment to the Board.\n\nSince his retirement in February 2025, Mr. Boelte, 62, has devoted his time to overseeing and managing his family office and its investment portfolio, as well as serving as a member of the board of directors for Kirkpatrick Bank. He previously served as the Company’s (i) Chief Financial Officer from February 2006 to February 2025, (ii) Treasurer from May 2017 to February 2025 and (iii) Secretary from May 2017 to February 2024. Before joining the Company, Mr. Boelte founded and ran his own accounting firm for 11 years. Prior to that, Mr. Boelte spent nine years at Deloitte & Touche. Mr. Boelte has nearly 40 years of experience in the workforce management and HR industry. Mr. Boelte is a member of the Oklahoma Society of CPAs and the American Institute of CPAs. Mr. Boelte received his bachelor’s degree in business administration and his master’s degree in accounting from Oklahoma State University.\n\nMr. Kerber, 50, is the Chief Executive Officer of Human Mode, LLC, a robotics company focused on advancing humanoid and collaborative robotic systems that can assist humans in unpredictable environments. Prior to founding Human Mode, Mr. Kerber served as the Company’s Chief Information Officer from July 2007 to October 2017. He joined the Company in 1999 as one of its original employees and served as a software developer and network architect. Mr. Kerber has over 25 years of software development and network design experience. Mr. Kerber received his bachelor’s degree in computer science from the University of Oklahoma. He previously served on the University of Oklahoma School of Computer Science’s board of advisors, is an OU Felgar Society distinguished graduate recipient and sponsored the William Kerber Software Studio.\n\nEach of Mr. Boelte and Mr. Kerber will receive the Company’s standard compensation for non-employee directors, which is described in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 2, 2026. There are no arrangements or understandings between Mr. Boelte or Mr. Kerber and any other person pursuant to which Mr. Boelte or Mr. Kerber was named a director of the Company. Neither Mr. Boelte nor Mr. Kerber has any direct or indirect material interest in any transaction or proposed transaction required to be reported under Item 404(a) of Regulation S-K."}