Form 4: Paylocity Holding Director Sells Shares
Insider Transaction (Form 4)
Steven I Sarowitz, a Director and 10% owner of Paylocity Holding Corp, sold 586 shares of common stock on August 14, 2026.
Summary
- Grant/award: acquired 2,207 Common Stock, par value $0.001 on August 14, 2026; holds 4,489,180 after (Direct).
- Open-market sale: disposed of 301 Common Stock, par value $0.001 at $150.01 ($45,153) on August 14, 2026; holds 4,488,879 after (Direct).
- Open-market sale: disposed of 285 Common Stock, par value $0.001 at $152.29 ($43,403) on August 14, 2026; holds 4,488,594 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $88,556 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 |
|---|---|---|---|---|---|---|
| 2026-08-14 | Grant/award | Common Stock, par value $0.001 | 2,207 | — | — | 4,489,180 |
| 2026-08-14 | Open-market sale | Common Stock, par value $0.001 | 301 | $150 | $45.2K | 4,488,879 |
| 2026-08-14 | Open-market sale | Common Stock, par value $0.001 | 285 | $152 | $43.4K | 4,488,594 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-14 | Grant/award (2,207 shares) |
| 2026-08-14 | Open-market sale (301 shares) |
| 2026-08-14 | Open-market sale (285 shares) |
Keywords
insider transaction, Form 4, PCTY, Paylocity Holding Corp, bearish, Steven I Sarowitz
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