Form 4: Paylocity Holding Corp: Insider Sells Shares
Statement of Changes in Beneficial Ownership
Toby J. Williams, President and CEO of Paylocity Holding Corp, reported a sale of 5,946 shares of common stock on May 15, 2026.
Summary
- Toby J. Williams, who holds the positions of Director, President, and CEO at Paylocity Holding Corp (PCTY), has reported a transaction involving the company's common stock.
- On May 15, 2026, Mr. Williams disposed of 5,946 shares of common stock.
- The transaction was executed at a price of $103.93 per share.
- Following this transaction, Mr. Williams beneficially owns 198,059 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine insider transaction without providing performance or strategic information.
Negatives
- Insider selling can sometimes be interpreted as a negative signal by the market, suggesting a lack of confidence in future stock performance, although this is a Form 4 filing which only reports transactions.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions and do not inherently reflect company performance or future outlook. Such filings are standard for publicly traded companies and are closely watched by investors for insights into insider confidence.
Stakeholder Impact
- Shareholders may monitor insider transactions for potential signals, though this filing alone does not provide sufficient information to alter investment strategy.
Key Dates
| Date | Description |
|---|---|
| 05/15/2026 | Transaction Date for the sale of common stock by Toby J. Williams. |
| 05/19/2026 | Date the Form 4 filing was signed by the reporting person's attorney-in-fact. |
Keywords
Paylocity Holding Corp, PCTY, Form 4, Insider Transaction, Stock Sale, Toby J. Williams, Beneficial Ownership, Securities Exchange Act
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