Insider at Paylocity (PCTY) sells 4,054 shares in 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paylocity Holding Corp Senior Vice President of Sales Joshua Scutt reported selling a total of 4,054 shares of common stock in open-market transactions on February 19, 2026. The sales were made under an approved Rule 10b5-1 trading plan adopted on September 10, 2025, at weighted average prices of $107.54 for 1,400 shares and $108.74 for 2,654 shares. After these sales, he held 45,587 shares directly, and an additional 118 shares were held indirectly through his father-in-law, over which his spouse has investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,054 shares ($439,152)
Net Sell
3 txns
Insider
Scutt Joshua
Role
Senior Vice President Sales
Sold
4,054 shs ($439K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 | 1,400 | $107.54 | $151K |
| Sale | Common Stock, par value $0.001 | 2,654 | $108.74 | $289K |
| holding | Common Stock, par value $0.001 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.001 — 48,241 shares (Direct);
Common Stock, par value $0.001 — 118 shares (Indirect, Owned by father-in-law)
Footnotes (1)
- The transaction indicated was conducted under an approved 10b5-1 Plan adopted on September 10, 2025. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $106.97 to $107.95, 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 and 3 of this Form 4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $108.06 to $108.94, inclusive. Shares are owned by the Reporting Person's father-in-law; the Reporting Person's spouse was granted a power of attorney that provides for investment power over the shares.
FAQ
What insider transaction did Paylocity (PCTY) report for Joshua Scutt?
Paylocity reported that Senior Vice President of Sales Joshua Scutt sold 4,054 shares of common stock on February 19, 2026, in two open-market transactions. These trades were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 10, 2025.
Were the recent Paylocity (PCTY) insider sales by Joshua Scutt pre-planned?
Yes. The filing states the transactions were conducted under an approved Rule 10b5-1 trading plan adopted on September 10, 2025. Such plans allow insiders to schedule trades in advance, providing a structured framework for selling shares over time.