Form 4: Paycor HCM, Inc. Executive Ryan Norman Bergstrom Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Ryan Norman Bergstrom, an officer at Paycor HCM, Inc., disposed of 4,651 shares of common stock on January 1, 2025, to cover tax obligations upon the vesting of Restricted Stock Units (RSUs).
Summary
- On January 1, 2025, Ryan Norman Bergstrom, an officer of Paycor HCM, Inc., disposed of 4,651 shares of common stock.
- The disposal was executed to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
- The price per share for the transaction was $18.57.
- Following the transaction, Bergstrom directly owns 355,525 shares of Paycor HCM, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of stock disposal to cover tax obligations. |
| 01/03/2025 | Date of signature for the report. |
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