Form 4: Paylocity Holding Corp: Officer Scutt Joshua Reports Stock Transaction
SEC Form 4 Filing
Senior Vice President Sales, Joshua Scutt, reports a transaction involving Paylocity Holding Corp stock on May 9, 2025, including the disposal of shares to cover tax obligations.
Summary
- On May 9, 2025, Joshua Scutt, Senior Vice President Sales at Paylocity Holding Corp, reported a transaction involving the company's common stock.
- Scutt disposed of 675 shares at a price of $193.54 per share to cover tax obligations.
- Following the transaction, Scutt directly owns 35,947 shares of Paylocity Holding Corp.
- Additionally, Scutt indirectly owns 666 shares through his father-in-law, with his spouse holding power of attorney over those shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It is normal for company executives to occasionally sell shares to cover tax obligations or diversify their holdings.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a routine sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of stock transaction (disposal of shares). |
| 05/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Paylocity Holding Corp, PCTY, Form 4, Joshua Scutt, Stock Transaction, Insider Trading, Beneficial Ownership, Senior Vice President Sales
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