STOCK TITAN

Nicholas Rost to sell Paylocity (NASDAQ: PCTY) stock on Aug. 18, 2026

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Paylocity Holding Corp (PCTY) executive Nicholas Rost filed a notice under Rule 144 to sell Paylocity common stock. The planned sale covers 520 shares of common stock, with an aggregate market value of $75,644.40, through Morgan Stanley Smith Barney LLC on 08/18/2026. The securities to be sold relate to restricted stock units. The notice also lists a prior Rule 10b5-1 sale of Paylocity shares by Rost within the last three months.

Positive

  • None.

Negative

  • None.
Planned shares to be sold 520 shares Paylocity common stock proposed for sale under Rule 144
Aggregate market value of planned sale $75,644.40 Value of 520 Paylocity shares proposed to be sold on 08/18/2026
Planned sale date 08/18/2026 Date of proposed Rule 144 sale of Paylocity common stock
Shares sold in prior 3 months 521 shares Paylocity common stock sold on 05/19/2026 under a Rule 10b5-1 plan
Aggregate market value of prior sale $59,941.05 Value of 521 Paylocity shares sold on 05/19/2026
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
"Common | 08/15/2026 | Restricted Stock Units | Issuer"
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 NICHOLAS ROST 1400 American Lane"
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.

FAQ

What does the Form 144 notice disclose about Paylocity (PCTY)?

The notice discloses that Nicholas Rost intends to sell Paylocity common stock under Rule 144, including a planned sale of 520 shares related to restricted stock units and a previously executed Rule 10b5-1 sale.

How many Paylocity (PCTY) shares does Nicholas Rost plan to sell?

Nicholas Rost plans to sell 520 shares of Paylocity common stock. The planned sale has an aggregate market value of $75,644.40 and is scheduled for 08/18/2026, with Morgan Stanley Smith Barney LLC listed as the broker.

What is the estimated value of Nicholas Rost’s planned Paylocity (PCTY) share sale?

The estimated value of the planned sale is $75,644.40. This amount represents the aggregate market value associated with 520 shares of Paylocity common stock proposed to be sold on 08/18/2026 under Rule 144.

Which broker is handling the planned Paylocity (PCTY) share sale for Nicholas Rost?

The planned sale of Paylocity shares by Nicholas Rost will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as identified in the notice.

What prior Paylocity (PCTY) sales by Nicholas Rost are disclosed in the last three months?

The notice lists a Rule 10b5-1 sale for Nicholas Rost on 05/19/2026 of Paylocity common stock. That transaction covered 521 shares with an aggregate market value of $59,941.05 during the past three months.

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
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