Director Diehl sells 25,506 shares ($5.1M) on 2024-11-21, reducing stake to 3,885 shares (-86.8%)
Diehl Jeffrey T, a director of Paylocity Holding Corp, executed 24 separate sales on 2024-11-21 totaling 25,506 shares for $5,131,416.56 at blended average price of $201.18. This represents a near-complete liquidation of his position, reducing holdings from 29,391 shares to 3,885 shares (a -86.8% reduction). The stock was trading at $207.54 at the time of analysis, within the 52-week range of $131.85–$213.79, and has appreciated +16.5% over the prior 30 days and +28.6% over 90 days. The transaction structure—multiple sales across three price points clustered around $200–$202—and the substantial scale suggest a planned reduction rather than a single market impulse, though the exact transaction timing mechanism (scheduled plan vs. discretionary) is not disclosed in FACTS.