Paylocity (PCTY) SVP sells 2,550 shares under 10b5-1 plan
Rhea-AI Filing Summary
Paylocity Holding Corp (PCTY) reported that Sr Vice President Operations Andrew Cappotelli sold a total of 2,550 shares of common stock on August 19, 2026 in open-market or private transactions under a Rule 10b5-1 trading plan adopted on August 27, 2025. Reported sales included 145 shares at $147.60 per share, and multiple weighted-average price sales of 1,358 shares at $149.58, 802 shares at $150.30, and 245 shares at $150.99, with underlying trade prices ranging from $148.93 to $150.99 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,550 shares
Net Sell
4 txns
Insider
Cappotelli Andrew
Role
Sr Vice President Operations
Sold
2,550 shs ($382K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 F1 | 145 | $147.60 | $21K |
| Sale | Common Stock, par value $0.001 F1, F2 | 1,358 | $149.58 | $203K |
| Sale | Common Stock, par value $0.001 F1, F3 | 802 | $150.30 | $121K |
| Sale | Common Stock, par value $0.001 F1, F4 | 245 | $150.99 | $37K |
Holdings After Transaction:
Common Stock, par value $0.001 — 44,329 shares (Direct)
Footnotes (4)
- F1. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on August 27, 2025.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $148.93 to $149.90, 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, 3 and 4 of this Form 4.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $149.96 to $150.93, inclusive.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $150.97 to $150.99, inclusive.
Key Figures
Total shares sold: 2,550 shares
Sale price per share: $147.60
Weighted-average sale price: $149.58
+3 more
6 metrics
Total shares sold
2,550 shares
Aggregate net-sell shares reported for August 19, 2026
Sale price per share
$147.60
145 shares of common stock sold at this price
Weighted-average sale price
$149.58
1,358 shares sold in multiple transactions at prices from $148.93 to $149.90
Weighted-average sale price
$150.30
802 shares sold in multiple transactions at prices from $149.96 to $150.93
Weighted-average sale price
$150.99
245 shares sold in multiple transactions at prices from $150.97 to $150.99
Rule 10b5-1 plan adoption date
August 27, 2025
Date Cappotelli adopted the trading plan used for these sales
Key Terms
Rule 10b5-1 Plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 Plan regulatory
"The transaction indicated was conducted under an approved 10b5-1 Plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction market
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transaction did PCTY report for Andrew Cappotelli on August 19, 2026?
The filing reports that Andrew Cappotelli, Sr Vice President Operations, sold 2,550 shares of Paylocity common stock on August 19, 2026 in a series of open-market or private transactions.
What type of security did Andrew Cappotelli trade in this PCTY Form 4?
All reported transactions involved Common Stock, par value $0.001 of Paylocity Holding Corp, with no derivative securities reported in this Form 4.
Does the Form 4 for PCTY indicate any derivative exercises by Andrew Cappotelli?
No. The transaction summary shows 0 derivative transactions and 0 exercise shares; all reported activity is non-derivative common stock sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.