UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 7, 2024
(Exact name of registrant as specified in its charter)
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Not Applicable
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 7, 2024, Jeffrey T. Diehl, a member of the Board of Directors (the “Board”) of Paylocity Holding Corporation (the “Company”), notified the Board of his decision not to stand for reelection at the Company’s 2025 annual meeting of stockholders to be held on December 5, 2024. Mr. Diehl will continue to serve through the remainder of his current term. Mr. Diehl’s decision was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Mr. Diehl, Managing Partner & Head of Investments of Adams Street Partners, LLC, joined the Board in connection with Adams Street’s investment in the Company in 2008. The Company would like to thank Mr. Diehl for his 16 years of service on the Board.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PAYLOCITY HOLDING CORPORATION | ||||||||
| Date: October 8, 2024 | By: | /s/ Ryan Glenn | ||||||
| Ryan Glenn | ||||||||
| Chief Financial Officer | ||||||||