Paycor HCM (PAY) insider files to sell 2,909 shares after 25,000-share plan sale
Rhea-AI Filing Summary
Paycor HCM Inc. insider Sanjay Kalra filed to sell 2,909 common shares of Paycor through Morgan Stanley Smith Barney LLC on August 5, 2026 on the NYSE. These shares relate to Restricted Stock Units granted on March 6, 2024. The filing also notes prior 10b5-1 plan sales of 25,000 shares on August 4, 2026.
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Key Figures
Shares to be sold: 2,909 shares
Prior 10b5-1 plan sale: 25,000 shares
Value of prior sale: $1,030,302.50
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4 metrics
Shares to be sold
2,909 shares
Common stock to be sold on August 5, 2026
Prior 10b5-1 plan sale
25,000 shares
Common shares sold on August 4, 2026 under 10b5-1 sales
Value of prior sale
$1,030,302.50
Aggregate value of 25,000-share sale on August 4, 2026
RSU grant-related shares
2,909 shares
Restricted Stock Units granted on March 6, 2024
Key Terms
Form 144, Restricted Stock Units, 10b5-1 Sales, Executive Financial Services
4 terms
Form 144 regulatory
"Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Units financial
"Common | 03/06/2024 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 Sales regulatory
"10b5-1 Sales for SANJAY KALRA 15601 Dallas Parkway"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What prior sales does the PAY Form 144 report for the last 3 months?
It reports 10b5-1 plan sales of 25,000 common shares on August 4, 2026, for an aggregate value of $1,030,302.50 during the past three months.
Which broker is handling the PAY insider sale disclosed here?
The sale of 2,909 common shares is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.