Form 4: Paylocity Holding Corp: Officer Cappotelli Reports Stock Disposal
SEC Form 4 Filing
Andrew Cappotelli, a Senior Vice President at Paylocity Holding Corp, reported the disposal of 402 shares of common stock on February 17, 2025.
Summary
- Andrew Cappotelli, a Senior Vice President Operations at Paylocity Holding Corp, filed a Form 4 on February 19, 2025.
- The report details a transaction on February 17, 2025, where 402 shares of common stock were disposed of at a price of $216.96 per share.
- Following the transaction, Cappotelli directly owns 14,170 shares of Paylocity Holding Corp.
- The transaction was related to the satisfaction of tax obligations.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by a company officer. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential shifts in sentiment or alignment of interests.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's decision to sell a small portion of their holdings.
Key Dates
| Date | Description |
|---|---|
| 02/17/2025 | Date of transaction: Disposal of 402 shares of common stock. |
| 02/19/2025 | Date of Form 4 filing. |
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