Form 4: Paylocity CFO Ryan Glenn Reports Stock Disposal
SEC Form 4 Filing
Ryan Glenn, CFO of Paylocity Holding Corp, reported the disposal of 585 shares of common stock on March 11, 2025.
Summary
- On March 11, 2025, Ryan Glenn, the Chief Financial Officer of Paylocity Holding Corp, disposed of 585 shares of common stock.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
- Following the transaction, Glenn directly owns 44,442 shares of Paylocity common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock transaction by an officer. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The disposal of shares by a key executive could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of stock disposal transaction |
| 03/13/2025 | Date of Form 4 filing |
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