STOCK TITAN

Paylocity (PCTY) SVP logs small 70-share open-market stock sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Paylocity Holding Corp’s Sr Vice President of Operations, Andrew Cappotelli, reported an open-market sale of common stock. On June 4, 2026, he sold 70 shares at $116.35 per share. After this transaction, he directly holds 17,550 shares of Paylocity common stock.

The sale was conducted under an approved Rule 10b5-1 trading plan that Cappotelli adopted on August 27, 2025. Such plans pre-arrange trades, making this a small, pre-planned disposition rather than a discretionary sale.

Positive

  • None.

Negative

  • None.

Insights

Small, pre-planned insider sale with limited signaling value.

Andrew Cappotelli, Sr Vice President of Operations at Paylocity Holding Corp, executed an open-market sale of 70 common shares at $116.35 each. Following the sale, he still directly owns 17,550 shares, indicating this was a very small portion of his position.

The footnote states the trade occurred under an approved Rule 10b5-1 plan adopted on August 27, 2025. These plans pre-schedule transactions, so the timing typically reflects a pre-arranged strategy rather than a new view on the stock. With no derivative positions reported in this filing, the visible activity is a minor, routine disposition.

Insider Cappotelli Andrew
Role Sr Vice President Operations
Sold 70 shs ($8K)
Type Security Shares Price Value
Sale Common Stock, par value $0.001 70 $116.35 $8K
Holdings After Transaction: Common Stock, par value $0.001 — 17,550 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 70 shares Open-market sale on June 4, 2026
Sale price $116.35 per share Average sale price for 70 shares
Shares held after sale 17,550 shares Direct holdings following transaction
Trading plan adoption date August 27, 2025 Rule 10b5-1 plan referenced in footnote
Rule 10b5-1 regulatory
"The transaction indicated was conducted under an approved 10b5-1 Plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action": "open-market sale""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Sr Vice President Operations financial
"officer_title": "Sr Vice President Operations""
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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*
Cappotelli Andrew

(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)
Sr Vice President Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
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 $0.00106/04/2026S70(1)D$116.3517,550D
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 by the reporting person on August 27, 2025.
Remarks:
/s/ Kris Kang, attorney-in-fact to Andrew Cappotelli06/05/2026
** 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)

FAQ

What insider transaction did Paylocity (PCTY) report for Andrew Cappotelli?

Paylocity reported that Sr Vice President of Operations Andrew Cappotelli sold 70 shares of common stock in an open-market transaction at $116.35 per share. This was a small trade relative to his remaining 17,550 directly held shares.

How many Paylocity (PCTY) shares does Andrew Cappotelli hold after this sale?

After selling 70 shares, Andrew Cappotelli directly holds 17,550 shares of Paylocity common stock. This indicates the reported transaction represents only a small fraction of his overall disclosed equity position in the company.

Was the Paylocity (PCTY) insider sale made under a Rule 10b5-1 plan?

Yes. The filing notes the sale was conducted under an approved Rule 10b5-1 trading plan adopted by Andrew Cappotelli on August 27, 2025. Such plans pre-schedule trades, reducing the significance of the specific timing of this transaction.

What price did the Paylocity (PCTY) insider receive for the sold shares?

The 70 Paylocity shares were sold at an average price of $116.35 per share. This price reflects the consideration received in the open-market transaction reported, not necessarily the full intraday trading range for Paylocity stock that day.

How large is this Paylocity (PCTY) insider sale relative to the insider’s holdings?

The sale involved 70 shares out of a post-transaction holding of 17,550 shares. That means only a very small portion of Andrew Cappotelli’s reported Paylocity position was sold in this pre-planned transaction.