Chad Richison goes on Paycom stock purge…

Now that he’s no longer the highest-paid CEO in America, Paycom's sole CEO Chad Richison must be hard up for cash!

Thanks to a tip via the Ogle Mole Network, we’ve learned that Chad has gone on a mini-purge of his Paycom stock stash, liquidating approximately $30,000,000 of his shares since May.

During that period, Paycom’s stock has sunk over 10% from $180 to $160 a share or so. That’s a big drop from its 52-week high of $299.