Paylocity officer plans $696,823 stock sale

Paylocity Holding Corp (PCTY) is the issuer of common stock that an officer, Joshua Scutt, plans to sell under Rule 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.

Key Figures

Planned shares to be sold: 4,730 shares Market value of planned sale: $696,823.60 Shares outstanding: 53,056,963 shares +4 more

7 metrics

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

Key Terms

Rule 144, Restricted Stock Units, securities to be sold, shares outstanding

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

"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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

Were there other recent sales related to this Paylocity (PCTY) Form 144?

Yes. The filing notes a past three-month sale of 118 shares of Paylocity common stock on 08/13/2026 for $17,067.52 from an account associated with Amy Scutt, which must be aggregated under Rule 144.

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

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Available on EDGAR 08/19/2026 - 04:24 PM Accepted by SEC EDGAR 08/19/2026 - 04:23 PM Learn about SEC filing dates

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	0001955160
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	PAYLOCITY HOLDING CORPORATION
SEC File Number	001-36348
Address of Issuer	1400 American Lane Schaumburg ILLINOIS 60173
Phone	8474633200
Name of Person for Whose Account the Securities are To Be Sold	JOSHUA SCUTT
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	Officer

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	4730	696823.60	53056963	08/19/2026	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	05/09/2026	Restricted Stock Units	Issuer			4730	05/09/2026	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
Amy Scutt out of account: AMY CHRISTINE SCUTT VERNON WILLIAM SCHMITZ EX E/O VERNON F SCHMITZ 1400 American Lane Schaumburg IL 60173	Common	08/13/2026	118	17067.52

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock units during the period of 05/09/2026 through 08/15/2026.
Date of Notice	08/19/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	09/10/2025
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	/s/ Joshua Scutt
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)