Form 4: Paylocity Holding Corp: Officer Rost Nicholas Reports Stock Disposal for Tax Obligations

Nicholas Rost, VP CAO & Treasurer of Paylocity Holding Corp, disposed of 200 shares of common stock on May 15, 2025, to cover tax obligations.

Summary

• On May 19, 2025, a Form 4 filing with the SEC revealed that Nicholas Rost, VP CAO & Treasurer of Paylocity Holding Corp [PCTY], engaged in a transaction involving the company's common stock.
• On May 15, 2025, Rost disposed of 200 shares of common stock at a price of $199.47 per share.
• Following the transaction, Rost directly owns 6,422 shares of Paylocity Holding Corp.
• The transaction was executed to satisfy tax obligations.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes. It doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value and prospects.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes by an officer.

Key Dates

Keywords

Form 4, Paylocity Holding Corp, PCTY, Nicholas Rost, Stock Disposal, Officer Transaction, Beneficial Ownership