Form 4: Paylocity Director Kenneth Robinson Sells Shares
SEC Form 4
Director Kenneth Robinson sold 510 shares of Paylocity Holding Corp on May 16, 2025, at an average price of $200.85.
Summary
- On May 16, 2025, Kenneth Robinson, a director of Paylocity Holding Corp, sold 510 shares of common stock.
- The sale was executed at a weighted average price of $200.85 per share.
- The price range for the shares sold was between $200.72 and $200.87.
- Following the transaction, Robinson directly owns 4,077 shares of Paylocity Holding Corp.
Sentiment
Score: 5
Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of stock sale transaction |
| 05/20/2025 | Date of signature on the Form 4 filing |
Keywords
Paylocity Holding Corp, Kenneth Robinson, stock sale, director, PCTY, Form 4
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