leadership
confidence high
sentiment neutral
materiality 0.50
Paylocity sets executive chairman equity target at $2M for FY2025
Paylocity Holding Corp
- Compensation Committee set equity award target value for Steven Beauchamp as Executive Chairman on Aug 15, 2024.
- Target value: $2,000,000 in FY2025 equity awards.
- Allocation: 50% time-vesting RSUs, 17% MSUs (TSR vs Russell 3000), 33% PSUs (recurring revenue targets).
- This amends prior 8-K filed Aug 1, 2024 regarding Beauchamp's appointment.