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

Paylocity Holding Corp's Senior Vice President of Operations, Andrew Cappotelli, sold 987 shares of common stock for $147.23 per share under a pre-arranged 10b5-1 plan.

Summary

• Andrew Cappotelli, Senior Vice President Operations of Paylocity Holding Corp (PCTY), reported a transaction involving the company's common stock.
• The transaction occurred on November 26, 2025, and involved the disposition of 987 shares.
• The shares were sold at a price of $147.23 per share.
• This sale was conducted pursuant to a Rule 10b5-1 plan, which was adopted by Mr. Cappotelli on August 27, 2025.
• Following this transaction, Mr. Cappotelli beneficially owns 21,197 shares of Paylocity Holding Corp common stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine disclosure of an insider stock sale conducted under a pre-arranged 10b5-1 plan, which typically does not indicate a change in management's view of the company's prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction filing and does not provide specific insights into broader industry trends or competitive landscape. Insider sales under 10b5-1 plans are common for executives managing personal finances and diversifying holdings.

Stakeholder Impact

• Shareholders: May note the insider sale, but the pre-arranged 10b5-1 plan mitigates concerns about the timing or motivation of the sale, suggesting it is part of a personal financial management strategy rather than a reaction to new company-specific information.

Key Dates

Keywords

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