Paylocity (NASDAQ: PCTY) executive sells 118 shares from family account
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 Trade Summary
Net Seller: 118 shares
Net Sell
2 txns
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)
- 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.
Key Figures
Shares sold: 118 shares
Sale price per share: $144.64
Indirect shares after transaction: 0 shares
+1 more
4 metrics
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
Key Terms
indirect ownership, power of attorney, Common Stock, par value $0.001
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.