Paylocity SVP covers taxes with 1,623 share transfer

Paylocity Holding Corp Senior Vice President of Sales Joshua Scutt reported a tax-related share disposition.

Rhea-AI Filing Summary

Paylocity Holding Corp Senior Vice President of Sales Joshua Scutt reported a tax-related share disposition. On the reported date, 1,623 shares of common stock were used to satisfy tax obligations at a price of $107.13 per share, a non‑market transaction coded as a tax-withholding disposition. After this, Scutt directly held 49,641 common shares. The filing also notes indirect ownership of 118 shares held by his father-in-law, over which Scutt’s spouse has investment power through a power of attorney.

Insider Trade Summary

Exercise Price or Tax Liability: 1,623 shares

Exercise Price or Tax Liability 2 txns

Insider Scutt Joshua

Role Senior Vice President Sales

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock, par value $0.001	1,623	$107.13	$174K
holding	Common Stock, par value $0.001	--	--	--

Holdings After Transaction: Common Stock, par value $0.001 — 49,641 shares (Direct); Common Stock, par value $0.001 — 118 shares (Indirect, Owned by father-in-law)

Footnotes (1)

1. F1. Shares are owned by the Reporting Person's father-in-law; the Reporting Person's spouse was granted a power of attorney that provides for investment power over the shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Paylocity (PCTY) executive Joshua Scutt report?

Joshua Scutt reported a tax-withholding disposition of Paylocity common stock. Shares were withheld to cover tax obligations rather than sold on the open market, reflecting an administrative transaction tied to equity compensation rather than a discretionary share sale.

How many Paylocity (PCTY) shares were used for Joshua Scutt’s tax withholding?

The filing shows 1,623 Paylocity common shares used to satisfy tax liabilities. The transaction was priced at $107.13 per share and is coded as a tax-withholding disposition, indicating shares were delivered for taxes instead of being kept outright.

At what price per share was Joshua Scutt’s Paylocity tax-withholding disposition recorded?

The tax-withholding disposition was recorded at $107.13 per Paylocity share. This price is used to value the 1,623 shares delivered for tax obligations in connection with equity compensation, as reflected in the Form 4 filing details.

How many Paylocity (PCTY) shares does Joshua Scutt hold directly after the reported transaction?

After the tax-withholding disposition, Joshua Scutt directly holds 49,641 Paylocity common shares. This figure represents his remaining direct ownership following the delivery of 1,623 shares to satisfy tax obligations related to his equity awards.

What indirect Paylocity share ownership related to Joshua Scutt is disclosed?

The filing discloses 118 Paylocity shares owned by Scutt’s father-in-law, reported as indirect ownership. Scutt’s spouse holds a power of attorney providing investment power over these shares, so they are reported as indirectly associated with the executive.

Does Joshua Scutt’s Form 4 show open-market buying or selling of Paylocity stock?

No open-market buy or sell is shown; it reports a tax-withholding disposition. Shares were delivered to cover tax liabilities at $107.13 per share, which is distinct from discretionary purchases or sales on the public market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/18/2026 - 04:02 PM Learn about SEC filing dates

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^*

Scutt Joshua

(Last) (First) (Middle)

C/O 1400 AMERICAN LANE

(Street)

SCHAUMBURG IL 60173

(City) (State) (Zip)

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)
	Senior Vice President Sales

3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/16/2026		F		1,623	D	$107.13	49,641	D
Common Stock, par value $0.001								118	I	Owned by father-in-law(1)

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. Shares are owned by the Reporting Person's father-in-law; the Reporting Person's spouse was granted a power of attorney that provides for investment power over the shares.

Remarks:

	/s/ Kris Kang, attorney-in-fact to Joshua Scutt	02/18/2026
	** 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.