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 51 shares of common stock on September 3, 2024, to cover tax obligations.
Summary
- On September 3, 2024, Andrew Cappotelli, a Senior Vice President of Operations at Paylocity Holding Corp, disposed of 51 shares of common stock.
- The transaction was executed at a price of $161.4 per share.
- Following the transaction, Cappotelli directly owns 16,536 shares of Paylocity Holding Corp.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider stock transaction, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows the public to see if company executives are buying or selling shares of their own company.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of stock disposal transaction |
| 09/05/2024 | Date of signature on the Form 4 filing |
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