Form 4: Paycor HCM Director Jeremy Rishel Acquires and Disposes of Common Stock

Director Jeremy Rishel of Paycor HCM, Inc. reports acquisition and disposal of common stock and Restricted Stock Units (RSUs) on October 1, 2024.

Summary

• On October 1, 2024, Jeremy Rishel, a director of Paycor HCM, Inc., acquired 11,981 shares of common stock.
• The acquisition was related to Restricted Stock Units (RSUs).
• Rishel also disposed of 11,981 shares of common stock on the same day.
• Following these transactions, Rishel beneficially owns 24,941 shares of Paycor HCM, Inc.
• The RSUs will fully vest on October 1, 2025, and each RSU represents the right to receive one share of common stock, contingent upon continued service.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Future Outlook

The RSUs will fully vest on October 1, 2025, contingent upon the reporting person's continued service.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and principal stockholders) of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's stake in the company.

Key Dates