Paylocity Director Kenneth Robinson Sells 800 Shares for $127,000
The stock price is noticeably down over the last 12 months, but this sale still largely appears routine.
Overview
Kenneth B. Robinson, Director at Paylocity Holding(NASDAQ:PCTY), sold 800 shares of common stock on Aug. 27, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($158.41); post-transaction value based on Aug. 27, 2026, market close ($158.15).
Details
Paylocity is a leading provider of cloud-native HCM and payroll software, with TTM revenue of $1.8 billion and approximately 6,900 employees at its Schaumburg headquarters. The company's competitive advantage stems from its unified platform architecture, which consolidates payroll, benefits, talent management, and workforce analytics into a single, integrated solution, enabling customers to reduce operational complexity and enhance workforce productivity. Paylocity's subscription-based business model, coupled with its focus on mid-market customers underserved by legacy providers, positions the company for sustained growth in the increasingly digital human capital management market.
Source
Originally published at www.fool.com.