Form 4: Paylocity Holding Corp: Officer Nicholas Rost Reports Stock Sale
SEC Form 4 Filing
Nicholas Rost, VP CAO & Treasurer of Paylocity Holding Corp, reports selling 130 shares of common stock at $151.39 per share on August 20, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On August 20, 2024, Nicholas Rost, VP CAO & Treasurer of Paylocity Holding Corp, sold 130 shares of common stock.
- The sale was executed at a price of $151.39 per share.
- Following the transaction, Rost directly owns 7,977 shares of Paylocity Holding Corp.
- The transaction was conducted under a pre-approved 10b5-1 trading plan adopted on March 13, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by an officer. It doesn't inherently convey positive or negative sentiment.
Future Outlook
There is no future outlook provided in this document.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date the reporting person adopted the 10b5-1 Plan |
| 08/20/2024 | Date of the transaction (stock sale) |
| 08/22/2024 | Date of signature for the Form 4 filing |
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