Paylocity (PCTY) SVP Melissa King reports 366-share tax withholding on Form 4

Rhea-AI Filing Summary

Paylocity Holding Corp senior vice president of Product and Technology Melissa Ann King reported a small share disposition related to taxes. On this Form 4, she had 366 shares of common stock withheld on May 15, 2026 as a tax-withholding disposition valued at $103.93 per share. After this non-market transaction, she directly holds 28,837 shares of Paylocity common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider King Melissa Ann

Role SVP Product and Technology

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.001	366	$103.93	$38K

Holdings After Transaction: Common Stock, par value $0.001 — 28,837 shares (Direct, null)

Footnotes (1)

Key Figures

Shares disposed: 366 shares Reported price per share: $103.93 per share Shares held after transaction: 28,837 shares

3 metrics

Shares disposed 366 shares Tax-withholding disposition on May 15, 2026

Reported price per share $103.93 per share Value used for the tax-withholding transaction

Shares held after transaction 28,837 shares Direct Paylocity common stock holdings post-transaction

Key Terms

tax-withholding disposition, Common Stock, par value $0.001, Payment of exercise price or tax liability by delivering securities, Form 4

4 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"

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description: Payment of exercise price or tax liability by delivering securities"

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.

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).

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^*

King Melissa Ann

(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)
	SVP Product and Technology

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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	05/15/2026		F		366	D	$103.93	28,837	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 Melissa Ann King	05/19/2026
	** 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 Melissa Ann King?

Melissa Ann King reported a small tax-related share disposition. On May 15, 2026, 366 Paylocity common shares were withheld to cover tax obligations, a routine non-market Form 4 transaction.

How many Paylocity (PCTY) shares were involved in Melissa Ann King’s Form 4?

The Form 4 shows 366 Paylocity common shares were disposed of. These shares were withheld by the company at $103.93 per share to satisfy tax liabilities rather than sold in the open market.

What price per share was used in the Paylocity (PCTY) tax-withholding transaction?

The tax-withholding disposition used a price of $103.93 per Paylocity share. This value is applied for reporting purposes when shares are withheld to pay tax obligations on equity compensation.

How many Paylocity (PCTY) shares does Melissa Ann King hold after this Form 4?

After the reported tax-withholding, Melissa Ann King directly holds 28,837 Paylocity common shares. This remaining position indicates the disposition was small relative to her overall direct holdings.

Was the Paylocity (PCTY) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 lists code F, indicating 366 shares were withheld as payment of tax liability by delivering securities rather than being sold on the market.