Form 4: Paylocity Holding Corp: Officer Joshua Scutt Reports Stock Disposal
SEC Filing
Senior Vice President of Sales at Paylocity Holding Corp, Joshua Scutt, reports disposing of 441 shares of common stock to cover tax obligations.
Summary
- On August 16, 2024, Joshua Scutt, Senior Vice President of Sales at Paylocity Holding Corp, disposed of 441 shares of common stock.
- The transaction was executed at a price of $155.95 per share.
- Following the transaction, Scutt directly owns 44,266 shares of Paylocity Holding Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions. It is common for company executives to periodically sell shares for various reasons, including tax obligations or portfolio diversification.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a relatively small number of shares being sold by a single officer.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of transaction: Joshua Scutt disposed of 441 shares of common stock. |
| 08/20/2024 | Date of signature on the report. |
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