Paylocity (PCTY) SVP executes 899-share open-market stock sale

Rhea-AI Filing Summary

Paylocity Holding Corp Senior Vice President of Operations Andrew Cappotelli reported an open-market sale of 899 shares of common stock at $115.05 per share. After this transaction, he directly held 17,679 shares. The sale was conducted under an approved Rule 10b5-1 trading plan adopted on August 27, 2025.

Insider Trade Summary 10b5-1

Net Seller: 899 shares ($103,430)

Net Sell 1 txn

Insider Cappotelli Andrew

Role Sr Vice President Operations

Sold 899 shs ($103K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.001	899	$115.05	$103K

Holdings After Transaction: Common Stock, par value $0.001 — 17,679 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 899 shares Sale price: $115.05 per share Shares held after transaction: 17,679 shares +1 more

4 metrics

Shares sold 899 shares Open-market sale on May 19, 2026

Sale price $115.05 per share Price for the 899-share sale

Shares held after transaction 17,679 shares Direct ownership after sale

Trading plan adoption date August 27, 2025 Rule 10b5-1 Plan adoption noted in footnote

Key Terms

open-market sale, Rule 10b5-1 Plan, Common Stock, par value $0.001

3 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Rule 10b5-1 Plan regulatory

"conducted under an approved 10b5-1 Plan adopted by the reporting person"

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.

Common Stock, par value $0.001 financial

"security_title: "Common Stock, par value $0.001""

Form 4 Insider Transactions: What Each Field Means →

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).

X

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr Vice President Operations

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001	05/19/2026		S		899(1)	D	$115.05	17,679	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:

1. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on August 27, 2025.

Remarks:

	/s/ Kris Kang, attorney-in-fact to Andrew Cappotelli	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

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

Paylocity reported that Senior Vice President of Operations Andrew Cappotelli sold 899 shares of common stock in an open-market transaction at $115.05 per share, and after the sale he directly owned 17,679 shares.

At what price did Andrew Cappotelli sell Paylocity (PCTY) shares?

Andrew Cappotelli sold 899 Paylocity shares at $115.05 per share. This price reflects the per-share value for the reported open-market transaction disclosed in the Form 4 insider trading report.

How many Paylocity (PCTY) shares does Andrew Cappotelli hold after the sale?

Following the reported transaction, Andrew Cappotelli directly holds 17,679 shares of Paylocity common stock. This post-transaction holding figure comes from the Form 4 and shows his remaining direct ownership stake.

Was the Paylocity (PCTY) insider sale made under a Rule 10b5-1 plan?

Yes. The footnote states the sale was conducted under an approved Rule 10b5-1 Plan adopted by Andrew Cappotelli on August 27, 2025, indicating the trade was pre-arranged rather than a discretionary, same-day decision.

What role does Andrew Cappotelli hold at Paylocity (PCTY)?

Andrew Cappotelli is identified as Senior Vice President of Operations at Paylocity. His officer status is disclosed in the insider report, which also confirms he is not listed as a director or ten percent beneficial owner.