Form 4: Paylocity Holding Corp: Officer Andrew Cappotelli Reports Stock Transactions
SEC Form 4
Andrew Cappotelli, Sr Vice President Operations at Paylocity Holding Corp, reports stock transactions including a sale of shares to cover tax obligations and a sale under a pre-arranged 10b5-1 plan.
Summary
- On March 3, 2025, Andrew Cappotelli, Sr Vice President Operations at Paylocity Holding Corp, disposed of 52 shares of common stock at a price of $204.29 to cover tax obligations.
- On March 4, 2025, Cappotelli sold 11 shares of common stock at a price of $201.92.
- Following these transactions, Cappotelli directly owns 14,107 shares of Paylocity Holding Corp.
- The sale on March 4, 2025, was executed under a pre-arranged 10b5-1 trading plan adopted on September 17, 2024.
Sentiment
Score: 5
Explanation: This is a neutral filing related to routine stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider and is a common occurrence for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date the reporting person adopted the 10b5-1 Plan |
| 03/03/2025 | Date of transaction where 52 shares were disposed of to cover tax obligations. |
| 03/04/2025 | Date of transaction where 11 shares were sold under the 10b5-1 plan. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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