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Paylocity (NASDAQ: PCTY) executive sells 118 shares from family account

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Paylocity Holding Corp (PCTY) reported an insider transaction involving SVP Chief Revenue Officer Joshua Scutt. On 2026-08-13, an entity associated with him sold 118 shares of common stock at $144.64 per share, held indirectly through his father-in-law, leaving no indirect holdings from that account. Separately, Scutt reports 43,354 shares of common stock held directly after the reported transactions. The filing’s Rule 10b5-1 checkbox is not marked as being pursuant to a trading plan.

Positive

  • None.

Negative

  • None.
Insider Scutt Joshua
Role SVP Chief Revenue Officer
Sold 118 shs ($17K)
Type Security Shares Price Value
Sale Common Stock, par value $0.001 F1 118 $144.64 $17K
holding Common Stock, par value $0.001 -- -- --
Holdings After Transaction: Common Stock, par value $0.001 — 0 shares (Indirect, Owned by father-in-law); Common Stock, par value $0.001 — 43,354 shares (Direct)
Footnotes (1)
  1. F1. 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.
Shares sold 118 shares Common Stock sold on 2026-08-13
Sale price per share $144.64 Price for the 118-share sale on 2026-08-13
Indirect shares after transaction 0 shares Indirect holdings owned by father-in-law following the sale
Direct holdings after transaction 43,354 shares Common Stock directly owned by Joshua Scutt after reported transactions
indirect ownership financial
"The reporting person’s holdings include shares reported as indirect ownership."
power of attorney financial
"The Reporting Person's spouse was granted a power of attorney that provides for investment power"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
Common Stock, par value $0.001 financial
"security_title: Common Stock, par value $0.001"

FAQ

What insider transaction did Paylocity (PCTY) report for Joshua Scutt?

Paylocity reported that an account associated with SVP Chief Revenue Officer Joshua Scutt sold 118 shares of common stock on 2026-08-13. These shares were held indirectly through his father-in-law, with investment power via his spouse.

At what price were the Paylocity (PCTY) shares sold in this Form 4?

The reported sale of Paylocity common stock occurred at a price of $144.64 per share. This was an open-market or private transaction, as indicated by the transaction code description in the insider report.

How many Paylocity (PCTY) shares does Joshua Scutt hold after this transaction?

After the reported transactions, Joshua Scutt reports holding 43,354 shares of Paylocity common stock directly. The indirect account through his father-in-law shows 0 shares following the 118-share sale.

Was Joshua Scutt’s Paylocity (PCTY) trade made under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as being pursuant to a trading plan. The transaction is therefore reported without an affirmative statement that it was executed under a pre-arranged 10b5-1 trading plan.

Whose account actually held the Paylocity (PCTY) shares sold in this Form 4?

The 118 shares were owned by the reporting person’s father-in-law. A footnote explains that Scutt’s spouse holds a power of attorney providing investment power over those shares, which are reported as indirect ownership.

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

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Learn about SEC filing dates
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).
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)
08/13/2026
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 $0.00108/13/2026S118D$144.640IOwned by father-in-law(1)
Common Stock, par value $0.00143,354D
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. 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 Scutt08/17/2026
** 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)