[Form 4] Paylocity Holding Corp Insider Trading Activity
Nicholas Rost, VP CAO & Treasurer of Paylocity Holding Corp (PCTY), reported a single non-derivative sale of common stock on 09/24/2025. The Form 4 shows 126 shares were disposed of at a price of $166.02 per share under a pre-established 10b5-1 plan adopted 11/20/2024. After the sale, the reporting person beneficially owned 9,176 shares. The filing was submitted by one reporting person and signed on behalf of Mr. Rost by an attorney-in-fact, Kris Kang, on 09/26/2025. The form contains no derivative transactions and provides no additional commentary on rationale beyond the 10b5-1 plan statement.
- None.
- Insider sale disclosed: 126 shares disposed at $166.02, which may be viewed unfavorably by some investors despite being under a 10b5-1 plan
Insights
TL;DR: Routine insider sale under a pre-established 10b5-1 plan; small absolute size relative to typical insider holdings.
The Form 4 documents a straightforward disposal of 126 shares at $166.02 on 09/24/2025 by an officer of PCTY under a 10b5-1 plan adopted 11/20/2024. This type of planned sale is standard for officers to diversify or meet liquidity needs while avoiding timing concerns. The post-transaction beneficial ownership of 9,176 shares remains disclosed. No derivative activity or additional material events are reported, limiting immediate market impact.
TL;DR: Filing appears compliant and includes 10b5-1 disclosure and attorney-in-fact signature.
The report includes the required 10b5-1 adoption note and a dated signature by an attorney-in-fact, indicating procedural compliance. The single-line disclosure and lack of amendments or related-party notes suggest this is a routine scheduled trade rather than an ad hoc transaction. From a governance perspective, the filing meets disclosure expectations but gives no additional context on overall insider ownership policy.