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.
Paylocity Director Kenneth Robinson sold 800 shares of the company's common stock on August 27, 2026, according to a recent SEC Form 4 filing. The transaction generated a total value of $127,000 based on a weighted average sale price of $158.41 per share. Post-transaction, the market closed at $158.15 per share. Paylocity, a leading provider of cloud-native HCM and payroll software, reported TTM revenue of $1.8 billion and employs around 6,900 people at its Schaumburg headquarters.
The company's competitive edge lies in its unified platform architecture, which integrates payroll, benefits, talent management, and workforce analytics into a single, seamless solution. This allows customers to streamline operations and boost workforce productivity. Paylocity's subscription-based model, combined with its focus on mid-market customers underserved by traditional providers, places the company on a trajectory for continued growth in the rapidly evolving human capital management market.
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