Paylocity (PCTY): Notice to Sell 508 Common Shares (Rule 144)

Paylocity Holding Corporation (PCTY) filing reports a Rule 144 notice that 508 restricted common shares granted as restricted stock units were acquired on 08/15/2025 and are proposed for sale through Morgan Stanley Smith Barney LLC on 08/19/2025.

Rhea-AI Filing Summary

Paylocity Holding Corporation (PCTY) filing reports a Rule 144 notice that 508 restricted common shares granted as restricted stock units were acquired on 08/15/2025 and are proposed for sale through Morgan Stanley Smith Barney LLC on 08/19/2025. The filing lists an aggregate market value of $90,515.44 for the shares and shows 55,161,627 shares outstanding, indicating the proposed sale represents a de minimis portion of total outstanding stock. The filer reports no other sales in the past three months and states the usual representation that they have no undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Small, routine insider sale of recently vested RSUs; not material to capitalization.

The notice documents a proposed sale of 508 common shares acquired as restricted stock units and to be executed through a major broker. With 55.16 million shares outstanding and an aggregate value of $90,515.44, this transaction is immaterial to company capitalization or liquidity metrics. The filing contains no evidence of prior sales in the past three months and includes the required insider representation regarding material nonpublic information. This reads as a routine post-vesting disposition rather than a signal of corporate stress.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure of an individual sale under Rule 144; governance risk appears minimal.

The form fulfills Rule 144 disclosure obligations for an insider sale of RSUs and identifies the broker and timing. The filer affirms lack of undisclosed material information and no recent related sales, which supports compliance with trading policies. There are no governance red flags such as concentrated insider divestiture or coordinated sales. Documentation appears procedural and limited in scope.

FAQ

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

What securities does the Paylocity (PCTY) Form 144 report propose to sell?

508 common shares acquired as restricted stock units are proposed for sale.

When were the shares acquired and when is the proposed sale date?

Acquired on 08/15/2025 and the approximate date of sale is 08/19/2025.

Through which broker will the PCTY securities be sold?

Morgan Stanley Smith Barney LLC (Executive Financial Services, 1 New York Plaza, New York).

What is the aggregate market value and how many shares are outstanding?

The aggregate market value is $90,515.44 and shares outstanding are 55,161,627.

Does the filing report any other sales in the past three months?

Nothing to Report for securities sold during the past three months.

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

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Accepted by SEC EDGAR 08/19/2025 - 04:27 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	0001880681
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	NICHOLAS ROST
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	508	90515.44	55161627	08/19/2025	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	08/15/2025	Restricted Stock Units	Issuer			508	08/15/2025	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

Nothing to Report

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock units during the period of 08/15/2025 through 08/16/2025.
Date of Notice	08/19/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	11/20/2024
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/ Nicholas Rost
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)