Form 4: Paycor HCM CFO Adam Ante Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Chief Financial Officer Adam Ante of Paycor HCM, Inc. reports the disposal of 2,536 common stock shares to cover tax obligations.
Summary
- On April 23, 2024, Adam Ante, the Chief Financial Officer of Paycor HCM, Inc. (PYCR), reported a transaction involving the disposal of 2,536 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations upon the vesting of restricted stock units.
- The transaction was executed at a price of $17.54 per share.
- Following the transaction, Ante directly owns 252,847 shares of Paycor HCM, Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant impact on the company's fundamentals.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations, which is a common occurrence when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 04/23/2024 | Date of stock disposal transaction. |
| 04/25/2024 | Date of signature on the Form 4 filing. |
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