Paylocity (PCTY) director Craig Conway to exit board after 2027 meeting
Rhea-AI Filing Summary
Paylocity Holding Corp (PCTY) reports that director Craig Conway has informed the Board of Directors that he will not stand for re-election at the company’s 2027 annual meeting of stockholders, which is expected to be held on December 3, 2026.
Mr. Conway will continue to serve as a director through the remainder of his current term, and his decision is stated to be not the result of any disagreement with Paylocity regarding its operations, policies, or practices.
Positive
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Negative
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Notification date of decision: August 20, 2026
Expected 2027 annual meeting date: December 3, 2026
Form type: Form 8-K
3 metrics
Notification date of decision
August 20, 2026
Date Craig Conway notified the Board he would not stand for re-election
Expected 2027 annual meeting date
December 3, 2026
Expected date of Paylocity’s 2027 annual meeting of stockholders
Form type
Form 8-K
Current report filed under the Securities Exchange Act of 1934
Key Terms
Board of Directors, annual meeting of stockholders, Emerging growth company
3 terms
Board of Directors financial
"Craig Conway, a member of the Board of Directors (the “Board”) of Paylocity"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
annual meeting of stockholders financial
"notified the Board of his decision not to stand for re-election at the Company’s 2027 annual meeting of stockholders"
Emerging growth company regulatory
"Emerging growth company Item 5.02 Departure of Directors or Certain Officers"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What director change did Paylocity Holding Corp (PCTY) disclose?
Paylocity disclosed that director Craig Conway has decided not to stand for re-election at the company’s 2027 annual meeting of stockholders. He will remain on the Board through the end of his current term.
When is Paylocity’s 2027 annual meeting of stockholders expected to occur?
Paylocity states that its 2027 annual meeting of stockholders is expected to be held on December 3, 2026. Craig Conway will serve as a director until the end of his current term, which runs through that meeting.
Did Craig Conway resign immediately from Paylocity’s Board (PCTY)?
No. Craig Conway notified the Board that he will not stand for re-election at the 2027 annual meeting, but he will continue to serve on Paylocity’s Board of Directors for the remainder of his current term.
Who signed the Paylocity (PCTY) Form 8-K about the Board change?
The Form 8-K was signed on behalf of Paylocity Holding Corp by Ryan Glenn, who is identified as the company’s Chief Financial Officer, dated August 21, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.