Form 4: Paylocity Holding Corp: Senior Vice President Sales, Joshua Scutt, Reports Stock Transaction

Joshua Scutt, Senior Vice President Sales at Paylocity Holding Corp, reports the disposition of 326 shares of common stock at a price of $150.13 on August 14, 2024.

Summary

• On August 14, 2024, Joshua Scutt, Senior Vice President Sales at Paylocity Holding Corp, disposed of 326 shares of common stock.
• The transaction was executed at a price of $150.13 per share.
• Following the transaction, Scutt directly owns 28,699 shares of Paylocity Holding Corp.
• The transaction was reported on August 16, 2024.

Sentiment

Score: 5

Explanation: This is a standard regulatory filing for insider trading activity. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about a transaction.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when a company insider, like a Senior Vice President, engages in a transaction involving the company's stock. It provides transparency to the market regarding the trading activities of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares compared to the total outstanding shares of Paylocity Holding Corp.

Key Dates