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Insider at Paylocity (PCTY) sells 4,054 shares in 10b5-1 trades

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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.
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*
Scutt Joshua

(Last) (First) (Middle)
C/O 1400 AMERICAN LANE

(Street)
SCHAUMBURG IL 60173

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Paylocity Holding Corp [ PCTY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President Sales
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/19/2026 S 1,400(1) D $107.54(2) 48,241 D
Common Stock, par value $0.001 02/19/2026 S 2,654(1) D $108.74(3) 45,587 D
Common Stock, par value $0.001 118 I Owned by father-in-law(4)
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 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 $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.
3. 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.
4. 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.
Remarks:
/s/ Kris Kang, attorney-in-fact to Joshua Scutt 02/23/2026
** 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.

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.

At what prices did Joshua Scutt sell Paylocity (PCTY) shares?

Joshua Scutt sold 1,400 Paylocity common shares at a weighted average price of $107.54 and 2,654 shares at a weighted average price of $108.74. Both sets of shares were sold in multiple transactions within stated price ranges on February 19, 2026.

How many Paylocity (PCTY) shares does Joshua Scutt own after the Form 4 sales?

After the reported sales, Joshua Scutt directly owned 45,587 shares of Paylocity common stock. Separately, 118 additional shares were held indirectly through his father-in-law’s account, where Scutt’s spouse holds a power of attorney providing investment authority over those shares.

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.

What is the nature of Joshua Scutt’s indirect ownership of Paylocity (PCTY) shares?

The Form 4 notes that 118 Paylocity shares are owned by Joshua Scutt’s father-in-law. Scutt’s spouse was granted a power of attorney that provides investment power over these shares, so they are reported as indirectly owned by the reporting person.
Paylocity Holdin

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