Steven I. Sarowitz

Steven I. Sarowitz is a declared insider at 2 companies (board member); the most frequent names are Paylocity Holding Corp and Angel Studios, Inc. In total, 148 filings cover trades dated from 12 May 2021 to 15 October 2026.

In open-market terms, that means 7 purchases worth €4.0M on one side and 123 sales worth €112.3M on the other. Taken together, the sales exceed the purchases by €108.3M. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Outside the open market, there are 6 share grants and 3 option exercises. 2026 to date brings 7 purchases and 31 sales.

A typical purchase (the median) is worth €407k. As a share of market capitalisation, the median purchase stands at 0.029%, based on 7 purchases. Clusters matter here: 7 out of 7 purchases overlapped with buying by a colleague within 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase.

The latest filing, published on 16 October 2026, reports an open-market sale of €1.7M in Paylocity Holding Corp. The clock since the last published purchase (14 September 2026) now reads 34 days. The median gap between a trade and its publication by SEC (Form 4) is 2 days. Section 16 rules allow two business days to file each Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.