Form 4: Paycor HCM, Inc. Officer Alice L. Geene Sells Shares Under 10b5-1 Trading Plan

Alice L. Geene, an officer of Paycor HCM, Inc., sold 1,577 shares of common stock at $12.85 per share on July 8, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On July 8, 2024, Alice L. Geene, an officer of Paycor HCM, Inc. (PYCR), sold 1,577 shares of the company's common stock.
• The shares were sold at a price of $12.85 per share.
• The transaction was executed under a Rule 10b5-1 trading plan adopted on August 23, 2023.
• Following the transaction, Alice L. Geene directly owns 103,918 shares of Paycor HCM, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an officer. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by company officers are a normal part of corporate governance. The use of a 10b5-1 plan indicates that the sales were pre-planned and not based on insider information.

Stakeholder Impact

• The sale of shares by an officer could have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates