Form 4: Paycor HCM Director Jonathan Corr Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Director Jonathan Corr sold 1,508 shares of Paycor HCM, Inc. common stock at an average price of $13.187 per share under a pre-arranged 10b5-1 trading plan.
Summary
- On July 8, 2024, Jonathan Corr, a director of Paycor HCM, Inc., sold 1,508 shares of common stock.
- The sale was executed at a weighted average price of $13.187 per share, with individual transactions ranging from $13.183 to $13.195.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on August 21, 2023.
- Following the transaction, Corr directly owns 16,972 shares of Paycor HCM, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It is common for corporate insiders to use 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.
Key Dates
| Date | Description |
|---|---|
| 2023-08-21 | Date of adoption of Rule 10b5-1 trading plan. |
| 2024-07-08 | Date of transaction (sale of shares). |
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