Paylocity CEO Williams Sells 12,000 Shares for $1.8 Million
The executive still holds $51.5 million in stock.
Overview
Toby J. Williams, President and CEO of Paylocity Holding(NASDAQ:PCTY), reported the sale of 12,000 shares of common stock on Aug. 14, 2026, for approximately $1.8 million, according to a SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($148.52); post-transaction value based on Aug. 14, 2026, market close ($148.28).
Details
Paylocity is a leading provider of cloud-based HCM and payroll solutions with a market capitalization of $8.2 billion and TTM revenues of $1.8 billion. The company maintains a strong competitive position through its integrated technology platform that consolidates payroll, tax, benefits, and workforce management functions, enabling clients to reduce operational complexity and improve compliance. Paylocity's recurring subscription model and expanding customer base demonstrate the durability of its business model within the enterprise software sector.
Source
Originally published at www.fool.com.