Form 4: Paycor HCM CEO Raul Villar Jr. Reports Stock Transactions
SEC Form 4 Filing
CEO Raul Villar Jr. reports disposition of shares to cover tax obligations and indirect ownership through a family trust.
Summary
- On April 23, 2024, Raul Villar Jr., CEO of Paycor HCM, Inc., reported a transaction involving common stock.
- 5,524 shares were disposed of at a price of $17.54 to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Villar also reported indirect beneficial ownership of 25,000 shares through the Villar Joint Family Trust.
- Following the reported transactions, Villar directly owns 522,640 shares of Paycor HCM, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates transactions related to tax obligations upon vesting of restricted stock units, which is a common occurrence.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it's primarily related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/23/2024 | Date of stock transaction (disposal of shares for tax obligations) |
| 04/25/2024 | Date of signature for the report |
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