Paylocity (PCTY) SVP reports routine 59-share tax withholding on equity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paylocity Holding Corp senior vice president Andrew Cappotelli reported a small tax-related share disposition. On June 1, 2026, 59 shares of common stock were withheld at $114.93 per share to cover tax obligations. After this routine tax-withholding transaction, Cappotelli directly holds 17,620 shares of Paylocity common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cappotelli Andrew
Role
Sr Vice President Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.001 | 59 | $114.93 | $7K |
Holdings After Transaction:
Common Stock, par value $0.001 — 17,620 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withheld shares: 59 shares
Withholding price: $114.93 per share
Shares held after transaction: 17,620 shares
3 metrics
Tax-withheld shares
59 shares
Withheld on June 1, 2026 to cover tax liability
Withholding price
$114.93 per share
Price used for 59-share tax-withholding disposition
Shares held after transaction
17,620 shares
Direct holdings after June 1, 2026 Form 4 event
Key Terms
tax-withholding disposition, Common Stock, par value $0.001, Form 4
3 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock, par value $0.001 financial
"security_title": "Common Stock, par value $0.001""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Paylocity (PCTY) executive Andrew Cappotelli report?
Andrew Cappotelli reported a tax-withholding disposition of Paylocity shares. On June 1, 2026, 59 shares of common stock were withheld at $114.93 per share to satisfy tax obligations related to equity compensation.
What does transaction code F mean in the Paylocity (PCTY) Form 4 for Andrew Cappotelli?
Transaction code F on this Form 4 indicates a tax-withholding disposition. The company withheld 59 shares of common stock at $114.93 per share to pay the exercise price or tax liability associated with equity compensation.
Was the Paylocity (PCTY) insider transaction by Andrew Cappotelli a major trade?
The reported event is a small, routine tax-withholding of 59 shares, not a large discretionary trade. After this disposition, Cappotelli still directly owns 17,620 shares of Paylocity common stock, according to the Form 4 data.