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  4. [144] Paylocity Holding Corp SEC Filing

Paylocity (NASDAQ: PCTY) officer to sell 4,730 shares

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

Rhea-AI Filing Summary

Paylocity Holding Corp (PCTY) is the issuer of common stock that an officer, Joshua Scutt, plans to sell under Rule 144. The notice covers a proposed sale of 4,730 shares of Paylocity common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $696,823.60, referencing 53,056,963 shares outstanding. The shares to be sold were acquired upon vesting of restricted stock units between 05/09/2026 and 08/15/2026, and sales may occur on or after 08/19/2026 on NASDAQ. The filing also lists a related sale in the past three months of 118 shares for $17,067.52 from an account associated with Amy Scutt.

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Planned shares to be sold 4,730 shares Common stock to be sold under Rule 144 through Morgan Stanley Smith Barney LLC
Market value of planned sale $696,823.60 Aggregate market value for 4,730 shares of Paylocity common stock in the notice
Shares outstanding 53,056,963 shares Paylocity common shares outstanding referenced in the Form 144
Acquisition period for RSU shares 05/09/2026–08/15/2026 Period during which restricted stock units vested and were acquired
Other recent sale shares 118 shares Common shares sold on 08/13/2026 from an account associated with Amy Scutt
Other recent sale value $17,067.52 Proceeds from the 118-share sale during the past three months
Planned sale date 08/19/2026 Date listed for securities to be sold under Rule 144 on NASDAQ
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
"The securities to be sold were acquired upon the vesting of restricted stock units"
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.
securities to be sold financial
"The securities to be sold were acquired upon the vesting of restricted stock units"
shares outstanding financial
"53056963"
Shares outstanding are the total number of a company’s stock units held by all shareholders, including institutional investors and company insiders — think of them as the total number of slices of the company’s ownership pie. Investors use this number to calculate how much of the company each share represents, and it directly affects per-share measures like earnings per share, ownership percentage and valuation; when the slice count changes, an investor’s claim and the company’s per-share metrics change too.

FAQ

What does the Form 144 filing involve for PCTY?
The Form 144 notice covers a proposed resale of 4,730 shares of Paylocity (PCTY) common stock by officer Joshua Scutt under Rule 144. The shares were acquired from vesting restricted stock units between May and August 2026.

How many Paylocity (PCTY) shares are covered by this planned Rule 144 sale?
The planned Rule 144 transaction covers 4,730 shares of Paylocity common stock. These shares are to be sold through Morgan Stanley Smith Barney LLC, Executive Financial Services, and relate to stock acquired from restricted stock unit vesting.

What is the approximate market value of the PCTY shares in this Form 144?
The notice lists an aggregate market value of $696,823.60 for the 4,730 shares of Paylocity common stock. This reflects the market value used in the Form 144 at the time of the planned sale.

When were the PCTY shares in this Form 144 acquired?
The shares were acquired upon vesting of restricted stock units during 05/09/2026 through 08/15/2026. This acquisition period is disclosed in the remarks, tying the planned sale to recently vested equity awards.

When can the Paylocity (PCTY) shares be sold under this Form 144?
The Rule 144 section lists 08/19/2026 as the date for the securities to be sold. Sales may be executed on or after that date on NASDAQ, subject to Rule 144 conditions.

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

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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