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AI brief of an SEC Form 8-K · Paylocity (PCTY)

Paylocity CTO Rachit Lohani to depart; will stay as SVP until December 2, 2024

Neutral Impact 3 of 5 leadership Written later

Paylocity said its Chief Technology Officer, Rachit Lohani, notified the company on September 11, 2024, that he will leave. He will remain as a Senior Vice President until December 2, 2024, and the company has started searching for a successor, so shareholders will see a technology leadership change in the coming months.

Key points

  • Rachit Lohani, Senior Vice President and Chief Technology Officer, notified Paylocity of his decision to depart on September 11, 2024.
  • Lohani will remain with the company as a Senior Vice President until December 2, 2024.
  • Paylocity said it will immediately begin a search for a successor; no successor is named in the filing.

The filing

CompanyPaylocity (PCTY)
Form8-K, current report
Filed with the SECSep 16, 2024, 4:05 PM ET
Accession number0001591698-24-000239

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 16, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.