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

Paylocity's Senior Vice President of Operations, Andrew Cappotelli, executed a pre-scheduled sale of 70 common shares at $116.35 each.

Summary

• Andrew Cappotelli, Senior Vice President of Operations at Paylocity Holding Corp (PCTY), reported a sale of common stock.
• The transaction involved the disposition of 70 shares of common stock.
• The shares were sold at a price of $116.35 per share.
• The sale occurred on June 4, 2026.
• Following this transaction, Andrew Cappotelli beneficially owns 17,550 shares of Paylocity common stock directly.
• The transaction was conducted under an approved Rule 10b5-1 trading plan, which was adopted by the reporting person on August 27, 2025.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale of shares by an insider under a pre-arranged 10b5-1 plan is a routine occurrence and typically does not signal new positive or negative sentiment about the company's prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that transactions executed under Rule 10b5-1 plans are pre-arranged and typically do not reflect new discretionary trading decisions by insiders. These plans are common for corporate executives to sell shares systematically while avoiding accusations of trading on material non-public information.

Key Dates

Recommendation

This Form 4 reports a routine, pre-scheduled insider stock sale under a 10b5-1 plan. The transaction volume is small relative to the company's market capitalization and the insider's total holdings. It does not provide new material information that would warrant a change in investment thesis, thus a 'hold' recommendation is appropriate.

Keywords

Paylocity, PCTY, Insider Trading, Form 4, 10b5-1 Plan, Stock Sale, Andrew Cappotelli, Corporate Officer