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

Paylocity Holding Corp's Senior Vice President of Operations, Andrew Cappotelli, sold 69 shares of common stock for $146.90 per share under a pre-arranged 10b5-1 plan.

Summary

• Andrew Cappotelli, the Sr Vice President Operations of Paylocity Holding Corp (PCTY), reported a sale of company common stock.
• The transaction involved the disposition of 69 shares of common stock, par value $0.001.
• Each share was sold at a price of $146.90.
• The sale took place on December 4, 2025.
• This transaction was conducted under a Rule 10b5-1 trading plan, which was adopted by Mr. Cappotelli on August 27, 2025.
• Following this reported transaction, Mr. Cappotelli directly beneficially owns 21,069 shares of Paylocity Holding Corp common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned insider stock sale under a 10b5-1 plan, which is generally considered neutral as it's not indicative of new information or a change in sentiment regarding the company's prospects.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The sale represents a minor disposition of shares by an executive, which is unlikely to have a significant impact on the overall share price or company valuation, especially given its pre-planned nature under a 10b5-1 plan.

Key Dates

Recommendation

The filing details a pre-planned sale of a relatively small number of shares by a Senior Vice President under a Rule 10b5-1 plan. Such transactions are typically for personal financial management and do not usually signal a change in the company's fundamental outlook or warrant a shift in investment recommendation.

Keywords

Paylocity, PCTY, insider trading, Form 4, stock sale, Andrew Cappotelli, 10b5-1 plan, executive compensation