Paylocity officer plans sale of 69 shares
Officer Andrew James Cappotelli files a Rule 144 notice covering 69 Paylocity shares, with a prior 2,550-share 10b5-1 sale disclosed.
Rhea-AI Filing Summary
Paylocity Holding Corp (PCTY) received a notice that officer Andrew James Cappotelli intends to sell common stock under Rule 144. The notice covers 69 shares to be sold through Morgan Stanley Smith Barney LLC, and also reports a prior Rule 10b5-1 sale of 2,550 shares on August 19, 2026.
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Key Figures
Shares in current Rule 144 notice: 69 shares
Estimated value of current notice shares: $10,655.67
Prior 10b5-1 sale shares: 2,550 shares
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6 metrics
Shares in current Rule 144 notice
69 shares
Planned sale of Paylocity common stock by officer Andrew James Cappotelli
Estimated value of current notice shares
$10,655.67
Aggregate value reported for 69 shares in the Rule 144 filing
Prior 10b5-1 sale shares
2,550 shares
10b5-1 sale of Paylocity common stock on August 19, 2026
Prior 10b5-1 sale proceeds
$382,063.11
Total proceeds from 2,550 shares sold on August 19, 2026
Current notice sale date
September 4, 2026
Date associated with 69-share sale through Morgan Stanley Smith Barney LLC
RSU acquisition date
September 1, 2026
Acquisition date for Restricted Stock Units underlying the 69 shares
Key Terms
Rule 144, Restricted Stock Units, 10b5-1, Form 144
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | | | 69 | 09/01/2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for ANDREW CAPPOTELLI"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Form 144 regulatory
"144: Securities Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing mean for Paylocity (PCTY)?
The Form 144 indicates that officer Andrew James Cappotelli has given notice of a planned sale of 69 shares of Paylocity common stock under Rule 144. It is a regulatory notice of potential sales and does not itself change the company’s operations or financial results.
What prior sales by Andrew Cappotelli are disclosed in this Paylocity (PCTY) Form 144?
The filing lists 10b5-1 sales for Andrew Cappotelli, including a sale of 2,550 shares of Paylocity common stock on August 19, 2026 for total proceeds of $382,063.11 over the past three months.
AI-generated analysis. How Rhea-AI works. Not financial advice.