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SEC EDGARAUG 261 min read$PCTY

Sarowitz Steven I sold $68K of PCTY

Sarowitz Steven I sold 441 shares of Paylocity Holding Corp (PCTY) at $155.00 on 2026-08-24 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Sarowitz Steven I
Published Aug 26, 2026, 8:02 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 26, 2026, 8:48 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About alphai AI DeskScoring methodologyReport an issue
alphai market briefInsider activity
Primary signal
$PCTY
Neutral
high confidence
Mentioned
$PCTY
Relevance
2/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PCTYNeutralLow
01

Why it matters

The disclosed sale is modest and pre‑arranged, suggesting limited immediate market reaction.

02

Market read

Small insider sale with minimal impact on Paylocity's stock.

03

What to watch

Insider holds large stake; future sales could matter.

Relevance 2/10Novelty 4/10Timing: post‑market 2026‑08‑24

Background

Form 4 filings disclose insider transactions; investors monitor for material changes.

Company-level read

Ticker impact

$PCTYNeutralHigh confidence
Context

Director Steven Sarowitz sold 441 shares for $68,355 under a 10b5-1 plan, reducing his stake to 4,472,954 shares.

Expected impact

No material move expected.

Evidence & confidence

Sale size is small relative to float and disclosed via a pre‑arranged plan.

Market effects

Sector

None

Regional

None

Global

None

Counterpoint

What could challenge this read

Sale may be routine; no bearish implication.

Key entities

  • Company
    Paylocity Holding Corp

    Provider of cloud‑based payroll and HR software.

  • Insider
    Steven Sarowitz

    Director and 10% owner of Paylocity.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

PCTY insider trading history →

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