Paylocity Director Kenneth Robinson Sells 800 Shares for $127,000

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.