{"schema_version":"secwatch.filing_event.v1","accession":"0001591698-24-000149","form_type":"8-K","ticker":"PCTY","cik":"0001591698","company_name":"Paylocity Holding Corp","filed_at":"2024-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.685939+00:00","generated_at":"2026-05-31T13:49:37.453534+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Paylocity Q4 total revenue $357.3M (+16% YoY); GAAP EPS $0.86; Beauchamp to Exec Chairman","bullets":["Q4 total revenue $357.3M (+16% YoY); recurring revenue $324.7M (+15%); GAAP net income $48.8M ($0.86 EPS).","FY2024 total revenue $1,402.5M (+19%); GAAP net income $206.8M (+47% YoY); Adjusted EBITDA $505.6M (+35%).","Repurchased 1.1M shares for $150.0M in Q4; cash and equivalents $401.8M at year-end.","Co-CEO Steve Beauchamp transitions to Executive Chairman; Toby Williams becomes sole CEO effective Aug 5, 2024.","Client count grew 8% to 39,050; avg revenue per client up 8%; Learning Mgmt, Recognition, Employee Voice standout."],"urls":{"canonical":"https://secwatch.observer/filing/0001591698-24-000149","json":"https://secwatch.observer/filing/0001591698-24-000149.json","markdown":"https://secwatch.observer/filing/0001591698-24-000149.md","text":"https://secwatch.observer/filing/0001591698-24-000149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1591698/000159169824000149/0001591698-24-000149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1591698/000159169824000149/pcty-20240726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:49:37.453534+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"32c39ed9d4","claim":"Steven R. Beauchamp was appointed as Executive Chairman of the Board at Paylocity Holding Corp.","evidence_excerpt":"On July 26, 2024, the Board of Directors (the “Board”) of Paylocity Holding Corporation (the “Company”) appointed Steven R. Beauchamp as Executive Chairman of the Board, effective August 5, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1591698/000159169824000149/0001591698-24-000149-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"50ecf846db","claim":"Steve Sarowitz changed role as member of the Board at Paylocity Holding Corp.","evidence_excerpt":"Steve Sarowitz, founder and current Chairman of the Board of the Company, will step down as Chairman of the Board as of the Effective Date and will continue to serve as member of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1591698/000159169824000149/0001591698-24-000149-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"member of the Board"}],"fact_type":"executive_change"},{"claim_id":"c970c561d4","claim":"Toby Williams was appointed as Chief Executive Officer at Paylocity Holding Corp.","evidence_excerpt":"As of the Effective Date, Toby Williams will be the Company’s sole Chief Executive Officer and principal executive officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1591698/000159169824000149/0001591698-24-000149-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}