Form 4: Paycor HCM, Inc. Executive Charles Steven Mueller Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Filing


Chief Revenue Officer Charles Steven Mueller of Paycor HCM, Inc. reports disposing of 2,230 shares of common stock on April 1, 2024, to cover tax withholding obligations upon vesting of restricted stock units.

Summary

  • Charles Steven Mueller, Chief Revenue Officer of Paycor HCM, Inc., filed a Form 4 with the SEC on April 3, 2024.
  • The report details a transaction on April 1, 2024, where 2,230 shares of common stock were disposed of.
  • The disposal was to satisfy tax withholding obligations related to the vesting of restricted stock units.
  • The price per share for the transaction was $18.86.
  • Following the transaction, Mueller beneficially owns 279,247 shares of Paycor HCM, Inc. common stock directly.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to equity compensation.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders as it is a routine tax-related stock disposal.

Key Dates

DateDescription
04/01/2024Date of stock disposal transaction.
04/03/2024Date of Form 4 filing.

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