Form 4: Paylocity Holding Director Sells Shares
Insider Transaction (Form 4)
Steven I Sarowitz, a Director and 10% owner of Paylocity Holding Corp, sold 11,136 shares of common stock on August 6, 2026.
Summary
- Open-market sale: disposed of 5,824 Common Stock, par value $0.001 at $150.35 ($875,638) on August 6, 2026; holds 4,540,364 after (Direct).
- Open-market sale: disposed of 5,312 Common Stock, par value $0.001 at $151.32 ($803,812) on August 6, 2026; holds 4,535,052 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,679,450 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Steven I Sarowitz — Director, 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-06 | Open-market sale | Common Stock, par value $0.001 | 5,824 | $150 | $875.6K | 4,540,364 |
| 2026-08-06 | Open-market sale | Common Stock, par value $0.001 | 5,312 | $151 | $803.8K | 4,535,052 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-06 | Open-market sale (5,824 shares) |
| 2026-08-06 | Open-market sale (5,312 shares) |
Keywords
insider transaction, Form 4, PCTY, Paylocity Holding Corp, bearish, Steven I Sarowitz
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