Form 4: Paylocity SVP Sells 70 Shares Under 10b5-1 Plan

Paylocity Holding Corp's Senior Vice President of Operations, Andrew Cappotelli, sold 70 shares of common stock for $112.48 per share under a pre-arranged 10b5-1 plan.

Summary

• Andrew Cappotelli, Senior Vice President Operations of Paylocity Holding Corp (PCTY), sold 70 shares of common stock.
• The transaction occurred on March 4, 2026, at a price of $112.48 per share.
• Following the sale, Cappotelli beneficially owns 19,308 shares of Paylocity common stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on August 27, 2025.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine insider sale under a 10b5-1 plan and is too small to significantly impact market sentiment or company valuation.

Positives

• The transaction was conducted under a pre-approved 10b5-1 plan, indicating a planned and non-discretionary sale, which can reduce concerns about insider trading.

Negatives

• An insider sale, even if pre-planned, reduces the direct ownership stake of a senior executive in the company.

Industry Context

StockSavvy.ai notes that routine insider sales under 10b5-1 plans are common practice for executives to manage personal finances and diversify holdings without implying a negative outlook on the company's future performance. This transaction is typical for a senior executive at a publicly traded software company like Paylocity.

Stakeholder Impact

• The impact on shareholders is minimal due to the small number of shares sold relative to the company's total outstanding shares.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Paylocity Holding Corp, PCTY, Insider Sale, Form 4, Andrew Cappotelli, 10b5-1 Plan, Common Stock, Executive Compensation