Paylocity director Steven I. Sarowitz sells 7,300 shares

Available on EDGAR 11/12/2026 - 04:16 PM EST Accepted by SEC EDGAR 11/12/2026 - 04:15 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Paylocity Holding Corp (PCTY) director and 10% owner Steven I. Sarowitz reported direct sales totaling 7,300 shares: 6,600 shares at a weighted average price of $180.42 and 400 shares at $181.16 on November 9, 2026, followed by 300 shares at $180.14 on November 10, 2026. The sales were conducted under an approved Rule 10b5-1 plan adopted December 15, 2025.

Insider Trade Summary 10b5-1

Net Seller: 7,300 shares

Net Sell 3 txns

Insider Sarowitz Steven I

Role Director, 10% Owner

Sold 7,300 shs ($1.32M)

Share of Position Sold 0.17%

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.001 F1, F4	300	$180.14	$54K
Sale	Common Stock, par value $0.001 F1, F2	6,600	$180.42	$1.19M
Sale	Common Stock, par value $0.001 F1, F3	400	$181.16	$72K
Holding	Common Stock, par value $0.001	--	--	--

Holdings After Transaction: Common Stock, par value $0.001 — 4,341,095 shares (Direct); Common Stock, par value $0.001 — 3,916,476 shares (Indirect, By Jessica P. Sarowitz Declaration of Trust)

Holdings Before and After: Common Stock, par value $0.001, 4,348,395 to 4,341,095 shares (Direct)

Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (4)

1. F1. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 15, 2025.
2. F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $180.00 to $181.00, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 2 and 3 of this Form 4.
3. F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $181.05 to $181.33, inclusive
4. F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $180.01 to $180.25, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 4 of this Form 4.

Key Figures

Shares sold: 7,300 shares Shares sold: 6,600 shares Weighted average sale price: $180.42 per share +5 more

8 metrics

Shares sold 7,300 shares Three direct sales reported on November 9 and November 10, 2026

Shares sold 6,600 shares Direct sale on November 9, 2026

Weighted average sale price $180.42 per share 6,600-share direct sale on November 9, 2026

Shares sold 400 shares Direct sale on November 9, 2026

Weighted average sale price $181.16 per share 400-share direct sale on November 9, 2026

Shares sold 300 shares Direct sale on November 10, 2026

Weighted average sale price $180.14 per share 300-share direct sale on November 10, 2026

Indirect shares held 3,916,476 shares Held by the Jessica P. Sarowitz Declaration of Trust

Key Terms

Rule 10b5-1 Plan, weighted average price

2 terms

Rule 10b5-1 Plan regulatory

"conducted under an approved 10b5-1 Plan"

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.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

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

How many PCTY shares did Steven I. Sarowitz sell, and at what prices?

Steven I. Sarowitz sold 6,600 shares at a weighted average price of $180.42 and 400 shares at $181.16 on November 9, 2026, then sold 300 shares at $180.14 on November 10, 2026. The sales were conducted under an approved Rule 10b5-1 plan adopted December 15, 2025.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sarowitz Steven I

(Last) (First) (Middle)

C/O 1400 AMERICAN LANE

(Street)

SCHAUMBURG ILLINOIS 60173

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Paylocity Holding Corp [ PCTY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001	11/09/2026		S		6,600(1)	D	$180.42(2)	4,341,795	D
Common Stock, par value $0.001	11/09/2026		S		400(1)	D	$181.16(3)	4,341,395	D
Common Stock, par value $0.001	11/10/2026		S		300(1)	D	$180.14(4)	4,341,095	D
Common Stock, par value $0.001								3,916,476	I	By Jessica P. Sarowitz Declaration of Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 15, 2025.

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $180.00 to $181.00, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 2 and 3 of this Form 4.

3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $181.05 to $181.33, inclusive

4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $180.01 to $180.25, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 4 of this Form 4.

Remarks:

	/s/ Kris Kang, attorney-in-fact to Steven I. Sarowitz	11/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)