{
  "id": 5340610,
  "title": "Paylocity CEO Williams Sells 12,000 Shares for $1.8 Million",
  "url": "https://urgent.news/2026/09/03/paylocity-ceo-williams-sells-12-000-shares-for-1-8-million",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T13:45:01.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/paylocity-ceo-williams-sells-12-134501323.html"
  },
  "original_language": "en",
  "account": "Paylocity's CEO, Toby J. Williams, sold 12,000 shares of the company's stock on August 14, 2026, for approximately $1.8 million, according to a Securities and Exchange Commission Form 4 filing. The transaction was executed under a pre-established Rule 10b5-1 trading plan and involved shares acquired through the exercise of derivative securities on the same day. Following the sale, Williams still holds nearly 348,000 shares, representing a market value of $51.5 million at the August 14 closing price. The company, which reported $1.8 billion in trailing twelve-month revenue and $269.7 million in net income, has experienced a 14% decline in share price over the past year. Despite the sale, Williams' continued ownership and leadership position suggest his confidence in the company's future prospects. Currently, 77% of the 22 analysts covering Paylocity rate the stock a buy, with a median one-year price target of $170, indicating a potential 9.9% gain from the current stock price.",
  "summary": null,
  "key_points": [
    "CEO Toby J. Williams sold 12,000 shares for $1.8 million on August 14, 2026.",
    "Sale executed under Rule 10b5-1 plan from acquired derivative securities.",
    "Williams retains nearly 348,000 shares worth $51.5 million post-sale."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Paylocity CEO Williams Sells 12,000 Shares for $1.8 Million",
        "url": "https://urgent.news/2026/09/03/paylocity-ceo-williams-sells-12-000-shares-for-1-8-million-5345980",
        "published": "2026-09-03T13:25:01.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Paylocity CEO Williams Sells 12,000 Shares for $1.8 Million",
        "url": "https://urgent.news/2026/09/03/paylocity-ceo-williams-sells-12-000-shares-for-1-8-million-5347548",
        "published": "2026-09-03T13:45:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}