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PAYC · Current Report (Form 8-K) · Filed March 12, 2026

Paycom Software Inc — Current Report (Form 8-K)

Form
8-K
Filed
March 12, 2026
Period
Mar 12, 2026
Ticker
PAYC
Accession
0001193125-26-104462
Boardroom Alpha · Filing insights

Paycom expands its revolving credit facility to $1.46B via an Increasing Lender Supplement. Current borrowings are approximately $675 million.

About Paycom Software Inc
Market cap
$6.9B
1Y TSR
−44.2%
3Y TSR
−23.3%
Board grade
C+
Sector
Technology
CEO
Chad R Richison
Last annual meeting: May 4, 2026 · View full Paycom Software Inc profile →
8-K

 

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): March 12, 2026

Paycom Software, Inc.

(Exact name of registrant as specified in its charter)

img67018283_0.jpg

 

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 1.01 Entry into a Material Definitive Agreement.

On March 12, 2026, Paycom Payroll, LLC (the “Borrower”), a wholly owned subsidiary of Paycom Software, Inc. (the “Company”), entered into an Increasing Lender Supplement (the “Increasing Lender Supplement”) with JPMorgan Chase Bank, N.A. (the “Administrative Agent”) and certain other lenders, whereby the aggregate commitments under the Credit Agreement (as defined below) were increased by $461.6 million, such that the Credit Agreement now provides for a senior secured revolving credit facility (the “Revolving Facility”) of $1.46 billion. Except as described in the preceding sentence, the material terms of the Credit Agreement dated as of July 29, 2022, by and among the Company, the Borrower, certain other subsidiaries of the Company, the Administrative Agent, and the other lenders party thereto (as amended from time to time, the “Credit Agreement”) remain unchanged. The material terms of the Credit Agreement are described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission on February 19, 2026. As of March 12, 2026, the Company has borrowed approximately $675.0 million under the Revolving Facility.

The foregoing description of the terms of the Increasing Lender Supplement is not complete and is qualified in its entirety by reference to the full text of the Increasing Lender Supplement, a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

 

Description of Exhibit

 

 

 

10.1

 

Increasing Lender Supplement, dated March 12, 2026, by and among Paycom Payroll, LLC, JPMorgan Chase Bank, N.A. and the lenders party thereto.

 

 

 

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:

March 12, 2026

By:

/s/ Robert D. Foster

 

 

 

Robert D. Foster

 

 

 

Chief Financial Officer

 

 


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Reference

Frequently asked questions

When did Paycom Software Inc file this 8-K?
Paycom Software Inc (PAYC) filed this Current Report (Form 8-K) with the SEC on March 12, 2026. The accession number assigned by EDGAR is 0001193125-26-104462.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
Paycom expands its revolving credit facility to $1.46B via an Increasing Lender Supplement. Current borrowings are approximately $675 million. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Paycom Software Inc's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Paycom Software Inc has filed under CIK 1590955, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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