Form 4: Paylocity Holding Corp: VP & Chief Accounting Officer Nicholas Rost Reports Stock Disposal

Nicholas Rost, VP & Chief Accounting Officer of Paylocity Holding Corp, reported the disposal of 115 shares of common stock on May 15, 2024, at a price of $169.86 per share.

Summary

• Nicholas Rost, the VP & Chief Accounting Officer of Paylocity Holding Corp, filed a Form 4.
• The form reports a transaction that occurred on May 15, 2024.
• Rost disposed of 115 shares of common stock at a price of $169.86 per share.
• Following the transaction, Rost beneficially owns 5,177 shares of Paylocity Holding Corp.
• The transaction was a disposal (code F) of shares to cover tax obligations related to vesting of restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction by a company officer. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities. This is a routine transaction and doesn't necessarily indicate a change in the company's outlook.

Stakeholder Impact

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

Key Dates