Form 4: Paycor HCM, Inc. Executive Haines Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Sarah Kathryn Haines, Chief Accounting Officer of Paycor HCM, Inc., disposed of 298 shares of common stock on April 1, 2024, to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On April 1, 2024, Sarah Kathryn Haines, Chief Accounting Officer of Paycor HCM, Inc. (PYCR), disposed of 298 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were sold at a price of $18.86 per share.
- Following the transaction, Haines directly owns 33,064 shares of Paycor HCM, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used to disclose transactions by company insiders. This transaction is a common occurrence where shares are sold to cover tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Sarah Kathryn Haines disposed of 298 shares of common stock to cover tax obligations. |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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