Paylocity Form 144 Notice: 1,303 RSU Shares to Be Sold on NASDAQ

Rhea-AI Filing Summary

Paylocity Holding Corporation (PCTY) filed a Form 144 reporting a proposed sale of 1,303 common shares on 08/19/2025 through Morgan Stanley Smith Barney LLC on the NASDAQ, with an aggregate market value of $232,168.54. The filing shows these shares were acquired as restricted stock units from the issuer on 08/15/2025, and payment/settlement is recorded on that same date. The filer certifies no undisclosed material adverse information and indicates there were no other sales in the past three months.

This notice is a standard Rule 144 disclosure describing the planned sale, the acquisition method, and broker details; it does not provide financial results, forward guidance, or other operational metrics.

Insights

Financial Analyst

TL;DR: Routine insider sale notice of 1,303 RSU-derived shares worth ~$232k; no prior sales in three months.

The Form 144 documents a planned disposition of shares granted as restricted stock units, settled four days prior to the intended sale date. The transaction is brokered through Morgan Stanley Smith Barney on NASDAQ. From an investor viewpoint, this filing indicates liquidity action by an insider but provides no operational or financial signals about company performance. The size of the sale (1,303 shares; $232,169) should be considered relative to overall outstanding shares (55,161,627), suggesting immaterial dilution or market impact on its own.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure showing adherence to Rule 144 procedures; signer attests to absence of undisclosed material information.

The filing supplies required information: acquisition as RSUs, acquisition and intended sale dates, broker identity, and a certification against possession of undisclosed material information. No plan adoption date for a 10b5-1 trading plan is indicated. Governance-wise, the form meets disclosure obligations but does not signal broader governance or insider pattern changes.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	1303	232168.54	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			1303	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

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by PCTY report?

The filing reports a proposed sale of 1,303 common shares on 08/19/2025 via Morgan Stanley Smith Barney on NASDAQ with aggregate value $232,168.54.

How were the PCTY shares acquired that are being sold?

The shares were acquired as restricted stock units from the issuer on 08/15/2025, with payment/settlement listed the same day.

Does the Form 144 list any other sales in the past three months for this account?

No. The filing states "Nothing to Report" under securities sold during the past three months.

What representations does the filer make about material information?

The filer certifies by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.

Which broker and exchange are involved in the proposed sale?

The broker is Morgan Stanley Smith Barney LLC and the securities exchange listed is NASDAQ.