Paylocity (PCTY) SVP uses 787 shares to cover tax withholding

Rhea-AI Filing Summary

Paylocity Holding Corp senior vice president disposes shares for taxes. Sr Vice President Operations Andrew Cappotelli reported a tax-withholding disposition of 787 shares of Paylocity common stock at $107.13 per share on a Form 4. After this transaction related to covering tax obligations, he directly holds 20,282 shares.

Insider Trade Summary

Net Seller: 787 shares

Net Sell 1 txn

Insider Cappotelli Andrew

Role Sr Vice President Operations

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock, par value $0.001	787	$107.13	$84K

Holdings After Transaction: Common Stock, par value $0.001 — 20,282 shares (Direct)

FAQ

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

Paylocity reported that Sr Vice President Operations Andrew Cappotelli disposed of 787 shares of common stock. The transaction was a tax-withholding disposition, not an open-market trade, and was executed at $107.13 per share to satisfy tax-related obligations.

How many Paylocity (PCTY) shares did Andrew Cappotelli dispose of for taxes?

Andrew Cappotelli disposed of 787 Paylocity common shares in a tax-withholding transaction. This Form 4 event reflects shares delivered to cover tax liabilities associated with equity compensation rather than a traditional market sale of stock.

At what price were Andrew Cappotelli’s Paylocity (PCTY) shares used for tax withholding?

The 787 Paylocity shares used for Andrew Cappotelli’s tax-withholding disposition were valued at $107.13 per share. This price is the transaction price reported on the Form 4 for the non-derivative common stock used to satisfy tax obligations.

How many Paylocity (PCTY) shares does Andrew Cappotelli hold after this Form 4 transaction?

Following the tax-withholding disposition, Andrew Cappotelli directly holds 20,282 shares of Paylocity common stock. This post-transaction balance reflects his remaining direct ownership after delivering 787 shares to cover associated tax liabilities from equity-related compensation.

Was Andrew Cappotelli’s Paylocity (PCTY) Form 4 transaction a market sale?

The reported transaction was not a market sale; it was coded “F” as a tax-withholding disposition. Shares were delivered to satisfy tax liabilities, meaning they were used to pay taxes rather than sold in an open-market trading transaction.

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/18/2026 - 04:02 PM Learn about SEC filing dates

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).

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 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)
	Sr Vice President Operations

3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026

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	02/16/2026		F		787	D	$107.13	20,282	D

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:

Remarks:

	/s/ Kris Kang, attorney-in-fact to Andrew Cappotelli	02/18/2026
	** 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.