Paylocity (PCTY) VP CAO sells 521 shares in 10b5-1 plan trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paylocity Holding Corp VP CAO & Treasurer Nicholas Rost sold 521 shares of common stock in an open-market transaction. The sale occurred at an average price of $115.05 per share. After this trade, he directly holds 6,676 Paylocity shares. The transaction was conducted under an approved Rule 10b5-1 trading plan adopted on November 25, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 521 shares ($59,941)
Net Sell
1 txn
Insider
Rost Nicholas
Role
VP CAO & Treasurer
Sold
521 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 | 521 | $115.05 | $60K |
Holdings After Transaction:
Common Stock, par value $0.001 — 6,676 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 521 shares
Sale price: $115.05 per share
Shares held after sale: 6,676 shares
3 metrics
Shares sold
521 shares
Open-market sale of common stock on May 19, 2026
Sale price
$115.05 per share
Average price for the 521 shares sold
Shares held after sale
6,676 shares
Direct ownership after the reported transaction
Key Terms
open-market sale, Rule 10b5-1 Plan, Common Stock
3 terms
open-market sale financial
"transaction_action: "open-market sale" for 521 common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Rule 10b5-1 Plan regulatory
"conducted under an approved 10b5-1 Plan adopted by the reporting person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Common Stock financial
"security_title: "Common Stock, par value $0.001""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Paylocity (PCTY) report for Nicholas Rost?
Paylocity reported that VP CAO & Treasurer Nicholas Rost sold 521 shares of common stock. The open-market sale was executed at an average price of $115.05 per share and was carried out under a pre-established Rule 10b5-1 trading plan.
Was the Paylocity (PCTY) insider sale by Nicholas Rost under a Rule 10b5-1 plan?
Yes, the sale was conducted under an approved Rule 10b5-1 trading plan. The footnote states the plan was adopted by Nicholas Rost on November 25, 2025, indicating the transaction timing was pre-arranged rather than discretionary.
What role does Nicholas Rost hold at Paylocity (PCTY)?
Nicholas Rost serves as Paylocity’s Vice President, Chief Accounting Officer, and Treasurer. His Form 4 filing reflects a personal open-market sale of common stock while holding this officer position at the company.