Form 4: Paylocity Executive Chairman Gifts Shares to Charity
Insider Transaction Report
Paylocity Holding Corp's Executive Chairman, Steven R. Beauchamp, reported a planned donative gift of 15,800 shares of common stock to a charitable foundation.
Summary
- Steven R. Beauchamp, Executive Chairman and Director of Paylocity Holding Corp (PCTY), filed a Form 4.
- The filing reports a donative gift of 15,800 shares of Common Stock, par value $0.001, on December 11, 2025.
- The shares were gifted from the Reporting Person to the IRIE Foundation, a private charitable foundation controlled by Mr. Beauchamp.
- The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
- Following this transaction, Mr. Beauchamp directly beneficially owns 1,298,511 shares of Common Stock.
- Indirect beneficial ownership includes 15,800 shares by IRIE Foundation, 235,000 shares by IRIE Family Trust, 220,000 shares by SRB 2025 GRAT, 100,000 shares by Steven Beauchamp 2025 GRAT, and 69,138 shares by Gotham Triple Advantage Strategy LP.
Sentiment
Score: 5
Explanation: This is a neutral, factual disclosure of an insider's planned charitable stock gift, with no direct positive or negative implications for the company's operational or financial performance.
Future Outlook
The filing indicates a planned future transaction on December 11, 2025, under a Rule 10b5-1(c) plan, but does not provide broader future outlook or guidance for the company.
Industry Context
This filing is a standard insider transaction disclosure and does not provide information directly related to broader industry trends or competitive landscape for Paylocity Holding Corp.
Related Party Transactions
- The donative gift of 15,800 shares was made from Steven R. Beauchamp to the IRIE Foundation, a private charitable foundation controlled by Mr. Beauchamp.
Stakeholder Impact
- Shareholders: Minimal direct impact from a single charitable gift by an executive, as it represents a small fraction of total outstanding shares and is a planned transaction.
Key Dates
| Date | Description |
|---|---|
| 12/11/2025 | Date of the reported donative gift transaction of 15,800 shares of Common Stock. |
| 12/15/2025 | Date the Form 4 was signed by Kris Kang, attorney-in-fact to Steven R. Beauchamp. |
Keywords
Paylocity, PCTY, Steven Beauchamp, Form 4, Insider Transaction, Stock Gift, Charitable Donation, 10b5-1 Plan
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