Form 4: Paylocity Holding Corp: Chief Technology Officer Rachit Lohani Reports Stock Sale
SEC Filing
Rachit Lohani, Chief Technology Officer of Paylocity Holding Corp, reported the sale of 771 shares of common stock on August 15, 2024.
Summary
- On August 15, 2024, Rachit Lohani, the Chief Technology Officer of Paylocity Holding Corp, sold 771 shares of the company's common stock.
- The sale price was $151.43 per share.
- Following the transaction, Lohani directly owns 43,477 shares of Paylocity Holding Corp.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: This is a neutral report of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to periodically sell shares of their company's stock.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their perception of the insider's motives.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock sale transaction |
| 08/19/2024 | Date of signature on the report |
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