Form 4: Paylocity Holding Corp: Executive Toby J. Williams Reports Stock Transaction

Toby J. Williams, President and Co-CEO of Paylocity Holding Corp, reports the disposition of 945 shares of common stock on March 11, 2024.

Summary

• On March 11, 2024, Toby J. Williams, the President and Co-CEO of Paylocity Holding Corp, disposed of 945 shares of common stock.
• The transaction was reported on a Form 4 filing with the SEC.
• Following the transaction, Williams directly owns 111,439 shares of Paylocity Holding Corp.
• The price per share was $163.74.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock transaction by an executive, which is neutral in sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The transaction may have a minor impact on shareholder sentiment, depending on how investors interpret the executive's stock disposal.

Key Dates