STOCK TITAN
  1. Home
  2. Sec-filings
  3. PCTY
  4. [144] Paylocity Holding Corp SEC Filing

Paylocity director plans sale of 3,145 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Paylocity Holding Corp (PCTY) director Craig Conway filed a notice of proposed sale under Rule 144 covering up to 3,145 shares of Paylocity common stock. The shares are to be sold through Morgan Stanley Smith Barney LLC on NASDAQ, with an indicated aggregate market value of $493,120.59. The filing lists that these shares were acquired as restricted stock vesting under a registered plan on multiple dates from May 2024 through August 2026 in connection with services rendered.

Positive

  • None.

Negative

  • None.
Shares proposed for sale 3,145 shares of common stock Number of Paylocity shares covered by Craig Conway’s Rule 144 notice
Aggregate market value $493,120.59 Aggregate market value of the 3,145 Paylocity shares in the proposed sale
Restricted stock vesting 05/15/2024 273 shares Restricted stock vesting under a registered plan on 05/15/2024 for services rendered
Restricted stock vesting 08/15/2024 273 shares Restricted stock vesting under a registered plan on 08/15/2024 for services rendered
Restricted stock vesting 11/15/2024 335 shares Restricted stock vesting under a registered plan on 11/15/2024 for services rendered
Restricted stock vesting 02/15/2025 335 shares Restricted stock vesting under a registered plan on 02/15/2025 for services rendered
Restricted stock vesting 02/15/2026 315 shares Restricted stock vesting under a registered plan on 02/15/2026 for services rendered
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 Vesting financial
"Restricted Stock Vesting Under a Registered Plan"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Registered Plan financial
"Restricted Stock Vesting Under a Registered Plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
Services Rendered financial
"273 | 05/15/2024 | Services Rendered"

FAQ

What did Paylocity (PCTY) disclose in this Form 144 filing?
Paylocity (PCTY) disclosed that director Craig Conway filed a Rule 144 notice for a proposed sale of up to 3,145 shares of Paylocity common stock, acquired through restricted stock vesting under a registered plan on various dates from 2024 to 2026.

How many PCTY shares does Craig Conway plan to sell and through whom?
Craig Conway filed to potentially sell up to 3,145 shares of Paylocity common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with the shares listed for trading on NASDAQ.

What is the approximate market value of the PCTY shares in this Form 144?
The Form 144 indicates an aggregate market value of $493,120.59 for the 3,145 shares of Paylocity common stock covered by the proposed Rule 144 sale.

How and when were the PCTY shares in this Form 144 acquired?
The shares were acquired as restricted stock vesting under a registered plan on multiple dates, including 05/15/2024, 08/15/2024, 11/15/2024, 02/15/2025, 05/15/2025, 08/15/2025, 11/15/2025, 02/15/2026, 05/15/2026, and 08/15/2026, in connection with services rendered.

What is Rule 144 in the context of this PCTY filing?
In this Paylocity (PCTY) filing, Rule 144 refers to an SEC rule that allows the resale of restricted or control securities if certain conditions are met. The form serves as Conway’s notice of a proposed sale of such shares.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

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

Source: View Original Filing on SEC EDGAR