Form 4: Paycor HCM, Inc. Executive Charles Steven Mueller Reports Stock Disposal
SEC Form 4 Filing
Chief Revenue Officer of Paycor HCM, Inc., Charles Steven Mueller, disposed of 1,792 shares of common stock to cover tax obligations.
Summary
- On July 23, 2024, Charles Steven Mueller, Chief Revenue Officer of Paycor HCM, Inc. (PYCR), disposed of 1,792 shares of common stock.
- The transaction was executed at a price of $12.96 per share.
- Following the transaction, Mueller directly owns 274,623 shares of Paycor HCM, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock disposal by an executive, likely for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares. It is common for executives to sell shares to cover tax obligations related to stock awards or option exercises.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 07/23/2024 | Date of stock disposal transaction |
| 07/25/2024 | Date of signature on the report |
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