Form 4: Paylocity Holding Corp Director Jeffrey T. Diehl Reports Stock Sales

Director Jeffrey T. Diehl reports the sale of Paylocity Holding Corp shares held indirectly through various Adams Street funds on November 5, 2024.

Summary

• On November 5, 2024, Jeffrey T. Diehl, a director of Paylocity Holding Corp, reported the sale of common stock.
• The sales were executed indirectly through various Adams Street Direct Funds and Adams Street Co-Investment Fund II, L.P.
• The prices ranged from $195.42 to $197.12 per share.
• A total of 27,160 shares were sold directly by Jeffrey T. Diehl.
• Diehl also disclaims beneficial ownership of shares held by the Adams Street funds, except to the extent of any pecuniary interest.
• The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in footnotes 1, 3 and 4 of this Form 4.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock sales. The sales themselves don't necessarily indicate a positive or negative outlook.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The stock sale by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons behind the sale.

Key Dates