Form 4: Paylocity CFO Sells Shares Under 10b5-1 Plan

Paylocity Holding Corp. CFO, Glenn Ryan, reported the sale of 1,034 shares of common stock for $117.55 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Glenn Ryan, Chief Financial Officer of Paylocity Holding Corp. (PCTY), reported a transaction on June 1, 2026.
• The transaction involved the sale of 1,034 shares of common stock.
• The sale price was $117.55 per share.
• This transaction was conducted under a Rule 10b5-1 trading plan adopted by Mr. Ryan on September 5, 2025.
• Following this transaction, Mr. Ryan beneficially owns 67,394 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While an insider sale can be a negative signal, the transaction was executed under a pre-established 10b5-1 plan, suggesting it was not based on new, non-public information.

Negatives

• The Chief Financial Officer sold a portion of his holdings.

Risks

• The sale of shares by a key executive could be interpreted negatively by the market, although it was conducted under a pre-established 10b5-1 plan.

Future Outlook

The filing does not contain forward-looking statements or guidance. It reports a completed transaction.

Industry Context

StockSavvy.ai notes that insider sales, even under 10b5-1 plans, are closely watched by the market as they can signal executive sentiment regarding the company's valuation or future prospects. However, the existence of a 10b5-1 plan indicates a pre-planned, systematic approach to selling, mitigating concerns about opportunistic timing.

Stakeholder Impact

• Shareholders: May view the CFO's sale with caution, although the 10b5-1 plan mitigates concerns about insider knowledge. The sale does not directly impact the company's operations or financial health.
• Employees: No direct impact mentioned.
• Creditors: No direct impact mentioned.
• Suppliers/Customers: No direct impact mentioned.

Next Steps

• The reporting person will continue to hold the remaining 67,394 shares of common stock.
• Future transactions, if any, will be reported on subsequent SEC filings.

Key Dates

Keywords

Paylocity Holding Corp, PCTY, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Glenn Ryan, CFO, Beneficial Ownership