Form 4: Paylocity Holding Corp: CEO Toby J. Williams Reports Stock Transaction
SEC Form 4 Filing
CEO Toby J. Williams of Paylocity Holding Corp reports the disposition of 1,588 shares of common stock to cover tax obligations.
Summary
- On August 16, 2024, Toby J. Williams, the President and CEO of Paylocity Holding Corp, disposed of 1,588 shares of common stock.
- The transaction was executed at a price of $155.95 per share.
- Following the transaction, Williams directly owns 145,551 shares of Paylocity Holding Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a stock transaction by an executive, which is a routine occurrence.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive sentiment and potential alignment with company performance.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of stock transaction |
| 08/20/2024 | Date of signature on the report |
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