{
  "id": 5345980,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T13:25:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/09/03/paylocity-ceo-williams-sells-12000-shares-for-18-million/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "On Aug. 14, 2026, Toby J. Williams, the CEO of Paylocity Holding (PCTY), disclosed the sale of 12,000 shares of the company's common stock for roughly $1.8 million, as per a SEC Form 4 filing. The transaction value, calculated using the weighted average sale price of $148.52 per share, amounted to $1.8 million. The post-transaction value, based on the market close on Aug. 14, 2026, was slightly lower at $148.28 per share. Paylocity, a prominent provider of cloud-based Human Capital Management (HCM) and payroll solutions, boasts a market capitalization of $8.2 billion and trailing twelve months (TTM) revenues of $1.8 billion. The company's integrated platform unifies payroll, tax, benefits, and workforce management functions, streamlining clients' operations and enhancing compliance. With its recurring subscription model and growing customer base, Paylocity showcases the resilience of its business model within the enterprise software industry.",
  "summary": "The executive still holds $51.5 million in stock.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "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",
        "published": "2026-09-03T13:45:01.000Z"
      },
      {
        "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."
}