Form 4: Paylocity Holding Director Sells Shares
Insider Transaction (Form 4)
Steven I Sarowitz, a Director and 10% owner of Paylocity Holding Corp, sold 8,539 shares of common stock on August 19, 2026.
Summary
- Open-market sale: disposed of 8,531 Common Stock, par value $0.001 at $150.20 ($1,281,356) on August 19, 2026; holds 4,480,063 after (Direct).
- Open-market sale: disposed of 8 Common Stock, par value $0.001 at $151.06 ($1,208) on August 19, 2026; holds 4,480,055 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,282,565 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 |
|---|---|---|---|---|---|---|
| 2026-08-19 | Open-market sale | Common Stock, par value $0.001 | 8,531 | $150 | $1.3M | 4,480,063 |
| 2026-08-19 | Open-market sale | Common Stock, par value $0.001 | 8 | $151 | $1.2K | 4,480,055 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-19 | Open-market sale (8,531 shares) |
| 2026-08-19 | Open-market sale (8 shares) |
Keywords
insider transaction, Form 4, PCTY, Paylocity Holding Corp, bearish, Steven I Sarowitz
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.