$PCTY

Conway Craig sold $493K of PCTY

Conway Craig sold 3,145 shares of Paylocity Holding Corp (PCTY) at $156.80 ($0.49M total) on 2026-08-27.

Original reporting
SEC EDGAR · Conway Craig
Published Aug 31, 2026, 8:02 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 31, 2026, 8:23 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.
AlphAI market briefInsider activity
Primary signal
$PCTY
Bearish
medium confidence
Mentioned
$PCTY
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PCTYBearishLow
01

Why it matters

The director's sale may be interpreted as a bearish sign, but the modest size limits market reaction.

02

Market read

Insider sale adds a data point for traders monitoring Paylocity's stock, with limited immediate impact.

03

What to watch

Potential upcoming compensation or stock plan adjustments.

Relevance 4/10Novelty 5/10Timing: filing date 2026-08-31

Background

SEC Form 4 filing discloses insider transactions; this is the first public report of the sale.

Company-level read

Ticker impact

$PCTYBearishMedium confidence
Context

Director Conway Craig sold 3,145 shares for $493,136, reducing his stake to 2,207 shares.

Expected impact

Modest short-term downside pressure, likely <2% move.

Evidence & confidence

Sale size is modest relative to market cap, but director involvement adds weight.

Market effects

Minimal impact on HR tech sector.

No significant regional effect.

Limited to investors tracking insider activity.

Counterpoint

The sale could be routine liquidity need, not a negative signal.

Key entities

  • Paylocity Holding Corp

    Provider of cloud-based payroll and human capital management software.

  • Conway Craig

    Member of Paylocity's board who sold shares.

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.

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