Feb 18, 2026 — Paycom Board approved amended & restated bylaws: the President’s duties may now be assigned…
Filed with the SEC on · Summarized by InvestorsBot
Feb 18, 2026 — Paycom Board approved amended & restated bylaws: the President’s duties may now be assigned by the Board OR the CEO, and the President is subject to direction of the Board OR CEO. Governance tilt toward CEO. $PAYC 🏛️ #CorporateGovernance #Paycom
Bylaws redefine “Principal Competitor”: removed SEC‑filings reference — now any entity the Board in good faith deems to compete with or offer alternatives to Paycom’s products/services. Broadens Board discretion over advance‑notice/nomination rules. $PAYC 🔍 #Proxy #Investing
Full Amended & Restated Bylaws filed as Exhibit 3.1 to the 8‑K (Feb 18, 2026). Investors: watch for impacts on board nomination mechanics and control dynamics stemming from CEO authority and a broader competitor test. $PAYC ✍️ #SECfiling #Paycom