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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.

(Neutral)
(Neutral)
Form Type
144

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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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
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.

How many Paylocity (PCTY) shares are covered by this new Rule 144 notice?

The notice covers 69 shares of Paylocity common stock to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ. These shares are tied to Restricted Stock Units with an acquisition date of September 1, 2026.

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.

What is the total value associated with the 69 Paylocity (PCTY) shares in this notice?

The Form 144 shows an aggregate value of $10,655.67 for the 69 shares of Paylocity common stock referenced in the planned Rule 144 sale through Morgan Stanley Smith Barney LLC Executive Financial Services.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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