Insider sells PCTY shares; Morgan Stanley listed as broker (PCTY)

Rhea-AI Filing Summary

PCTY filed a Form 144 reporting proposed sales of common stock by an insider.

The filing lists broker details at Morgan Stanley Smith Barney LLC and shows past 10b5-1 sales by Andrew Cappotelli on 11/26/2025 (987 shares) and 12/04/2025 (69 shares). The Form 144 entry references restricted stock units dated 02/15/2026.

Insights

Insider Transactions Analyst

Routine insider resale notice with small prior 10b5-1 sales; not materially dilutive.

The filing records a proposed resale of common stock through Morgan Stanley Smith Barney LLC and cites prior 10b5-1 sales by Andrew Cappotelli of 987 and 69 shares on 11/26/2025 and 12/04/2025. This identifies the transaction method and broker but does not state aggregate proceeds in the excerpt.

Cash‑flow treatment and exact proposed sale quantity tied to the Form 144 notice are not detailed in the provided excerpt; subsequent filings may disclose the settled amounts or completion details.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	845	92400.75	53876692	02/19/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/15/2026	Restricted Stock Units	Issuer			845	02/15/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for ANDREW CAPPOTELLI 1400 American Lane Schaumburg IL 60173	Common	12/04/2025	69	10136.10
10b5-1 Sales for ANDREW CAPPOTELLI 1400 American Lane Schaumburg IL 60173	Common	11/26/2025	987	145316.01

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the PCTY Form 144 report?

The Form 144 reports a proposed sale of common stock by an insider. It lists broker details and prior 10b5-1 sales by the insider, including share counts and dates for context.

Who is the reporting insider in the PCTY filing?

The filing identifies Andrew Cappotelli as the insider linked to the reported 10b5-1 sales. Broker information shows Morgan Stanley Smith Barney LLC as the executing broker.

What 10b5-1 sales are shown in the PCTY excerpt?

The excerpt shows two 10b5-1 sale entries by Andrew Cappotelli: 987 shares on 11/26/2025 and 69 shares on 12/04/2025, with dollar amounts listed in the table.

Does the Form 144 disclose proceeds or total shares being registered?

The provided excerpt does not state an aggregate registered amount or total proceeds. It shows individual 10b5-1 sale entries and a reference to restricted stock units dated 02/15/2026.

What broker is handling the proposed sale in the PCTY filing?

The filing lists Morgan Stanley Smith Barney LLC at 1 New York Plaza as the broker/executing firm for the securities to be sold in the Form 144 excerpt.