STOCK TITAN

Paylocity (PCTY) SVP reports routine 59-share tax withholding on equity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
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
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.
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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*
Cappotelli Andrew

(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)
Sr Vice President Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
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 $0.00106/01/2026F59D$114.9317,620D
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:
Remarks:
/s/ Kris Kang, attorney-in-fact to Andrew Cappotelli06/03/2026
** 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)

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.

Did Andrew Cappotelli buy or sell Paylocity (PCTY) shares in the open market?

The filing shows no open-market buy or sell activity. It records a Form 4 code F transaction, meaning 59 shares were withheld by the company at $114.93 per share solely to cover tax liabilities.

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

Following the tax-withholding transaction, Andrew Cappotelli directly holds 17,620 shares of Paylocity common stock. This figure reflects his post-transaction position disclosed in the Form 4 insider filing data.

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.