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  4. [Form 4] Paylocity Holding Corp Insider Trading Activity

Paylocity (NASDAQ: PCTY) CRO's 4,730-share sale runs through 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Paylocity Holding Corp (PCTY) reported that Joshua Scutt, SVP Chief Revenue Officer, sold a total of 4,730 shares of common stock on 2026-08-19 in four open-market transactions. The sales occurred at per-share prices of $147.60, $149.22, $150.02 and $150.71, with several representing weighted average prices over narrow intraday ranges. All transactions were conducted under an approved Rule 10b5-1 trading plan adopted on September 10, 2025.

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Insights

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Insider Scutt Joshua
Role SVP Chief Revenue Officer
Sold 4,730 shs ($709K)
Type Security Shares Price Value
Sale Common Stock, par value $0.001 F1 100 $147.60 $15K
Sale Common Stock, par value $0.001 F1, F2 1,327 $149.22 $198K
Sale Common Stock, par value $0.001 F1, F3 2,803 $150.02 $421K
Sale Common Stock, par value $0.001 F1, F4 500 $150.71 $75K
Holdings After Transaction: Common Stock, par value $0.001 — 75,729 shares (Direct)
Footnotes (4)
  1. F1. The transaction indicated was conducted under an approved 10b5-1 Plan adopted on September 10, 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 $148.61 to $149.59, 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 footnotes 2, 3 and 4 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 $149.62 to $150.45, 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 $150.66 to $150.75, inclusive.
Total shares sold 4,730 shares Aggregate non-derivative sales on 2026-08-19 by Joshua Scutt
First sale block 100 shares at $147.60 Open-market sale of common stock on 2026-08-19
Second sale block 1,327 shares at $149.22 Weighted average price over $148.61–$149.59 range
Third sale block 2,803 shares at $150.02 Weighted average price over $149.62–$150.45 range
Fourth sale block 500 shares at $150.71 Weighted average price over $150.66–$150.75 range
10b5-1 plan adoption date September 10, 2025 Adoption date of the trading plan governing these sales
Rule 10b5-1 Plan regulatory
"The transaction indicated was 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.
Common Stock, par value $0.001 financial
"security_title: Common Stock, par value $0.001"

FAQ

What insider transaction did PCTY report for Joshua Scutt on this Form 4?
The filing reports that Joshua Scutt, SVP Chief Revenue Officer, sold a total of 4,730 shares of Paylocity Holding Corp common stock in four open-market transactions on 2026-08-19.

At what prices did Joshua Scutt sell PCTY shares?
The reported per-share prices were $147.60, $149.22, $150.02 and $150.71. For three transactions, the prices are described as weighted average prices over specified intraday price ranges.

How many Paylocity (PCTY) shares did Joshua Scutt sell in each transaction?
Joshua Scutt sold 100 shares at $147.60, 1,327 shares at $149.22, 2,803 shares at $150.02, and 500 shares at $150.71, for a total of 4,730 shares sold.

Were the PCTY insider sales by Joshua Scutt under a Rule 10b5-1 plan?
Yes. The filing states the transactions were conducted under an approved Rule 10b5-1 Plan adopted on September 10, 2025, indicating they were made pursuant to a pre-arranged trading plan.

Does the Form 4 disclose Joshua Scutt’s PCTY share holdings after these sales?
The transaction entries do not report a total shares following transaction value, so post-transaction holdings are not disclosed in these data fields.

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

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Scutt Joshua
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.00108/19/2026S100(1)D$147.680,359D
Common Stock, par value $0.00108/19/2026S1,327(1)D$149.22(2)79,032D
Common Stock, par value $0.00108/19/2026S2,803(1)D$150.02(3)76,229D
Common Stock, par value $0.00108/19/2026S500(1)D$150.71(4)75,729D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The transaction indicated was conducted under an approved 10b5-1 Plan adopted on September 10, 2025.
2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $148.61 to $149.59, 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 footnotes 2, 3 and 4 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 $149.62 to $150.45, inclusive.
4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $150.66 to $150.75, inclusive.
Remarks:
/s/ Kris Kang, attorney-in-fact to Joshua Scutt08/20/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR