Form 4: Paylocity Director Ronald V. Waters Sells 888 Shares

Director Ronald V. Waters sold 888 shares of Paylocity Holding Corp. at an average price of $212.62 on November 11, 2024.

Summary

• Ronald V. Waters, a director at Paylocity Holding Corp., sold 888 shares of common stock on November 11, 2024.
• The sale was executed at a weighted average price of $212.62 per share.
• The prices for the shares sold ranged from $212.45 to $212.70.
• Following the transaction, Mr. Waters directly owns 8,172 shares of Paylocity stock.

Sentiment

Score: 5

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

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The sale by Ronald V. Waters is similar to other insider transactions reported by directors and officers of public companies.
• The volume of shares sold is relatively small compared to the total outstanding shares of Paylocity, suggesting it is not a major market event.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price given the relatively small volume.

Key Dates

Keywords

Paylocity, PCTY, insider trading, stock sale, director, Ronald V. Waters