Paylocity (PCTY) director granted 2,207 RSUs, now holds 5,352 shares

Rhea-AI Filing Summary

Paylocity Holding Corp (PCTY) reported that director Craig Conway received an equity compensation grant of 2,207 restricted stock units (RSUs) of Common Stock. Each RSU converts into one share of Common Stock. The RSUs vest 25% each quarter and will be fully vested on the first anniversary of the grant date, increasing Conway’s direct holdings to 5,352 shares.

Insider Trade Summary

Net Buyer: 2,207 shares

Net Buy 1 txn

Insider Conway Craig

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.001 F1	2,207	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.001 — 5,352 shares (Direct)

Footnotes (1)

1. F1. Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of Common Stock per RSU. The RSUs will vest 25% quarterly, such that the RSUs will vest completely on the first anniversary of the date of grant. The grant will be settled pursuant to the terms of the Issuer's Amended and Restated 2023 Equity Incentive Plan.

Key Figures

RSUs granted: 2,207 shares Shares following transaction: 5,352 shares Vesting rate: 25% quarterly +1 more

4 metrics

RSUs granted 2,207 shares Restricted stock units granted to Craig Conway on 2026-08-14

Shares following transaction 5,352 shares Total direct Common Stock holdings of Craig Conway after the RSU grant

Vesting rate 25% quarterly RSUs vest 25% each quarter, fully vested one year after grant

RSU-to-share ratio 1 share per RSU Each RSU entitles the holder to receive one share of Common Stock

Key Terms

restricted stock units (RSUs), vest, Equity Incentive Plan

3 terms

restricted stock units (RSUs) financial

"Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

vest financial

"The RSUs will vest 25% quarterly, such that the RSUs will vest completely"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Equity Incentive Plan financial

"settled pursuant to the terms of the Issuer's Amended and Restated 2023 Equity Incentive Plan"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

FAQ

What insider transaction did Paylocity (PCTY) disclose for Craig Conway?

Paylocity disclosed that director Craig Conway received a grant of 2,207 restricted stock units (RSUs). These RSUs represent equity compensation and each RSU will convert into one share of Paylocity Common Stock upon vesting.

How many Paylocity (PCTY) shares does Craig Conway hold after this Form 4 transaction?

After the reported RSU grant, Craig Conway’s direct holdings total 5,352 shares of Paylocity Common Stock. This figure reflects the addition of the 2,207 RSUs reported as an acquired, non-derivative equity award.

What are the vesting terms of Craig Conway’s new RSUs at Paylocity (PCTY)?

The 2,207 RSUs granted to Craig Conway vest 25% quarterly, with full vesting on the first anniversary of the grant date. As each portion vests, he will receive one share of Common Stock for each vested RSU.

What type of security was reported in the Paylocity (PCTY) Form 4 for Craig Conway?

The Form 4 reports an acquisition of Common Stock through a grant of restricted stock units (RSUs). Each RSU will entitle Conway to receive one share of Paylocity Common Stock upon vesting under the equity plan.

Under which plan were Craig Conway’s RSUs at Paylocity (PCTY) granted?

Craig Conway’s RSUs were granted under Paylocity’s Amended and Restated 2023 Equity Incentive Plan. Settlement of the RSUs into shares of Common Stock will occur according to the terms and conditions set out in that plan.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/18/2026 - 04:05 PM Accepted by SEC EDGAR 08/18/2026 - 04:04 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^*

Conway Craig

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

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	08/14/2026		A		2,207(1)	A	$0	5,352	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. Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of Common Stock per RSU. The RSUs will vest 25% quarterly, such that the RSUs will vest completely on the first anniversary of the date of grant. The grant will be settled pursuant to the terms of the Issuer's Amended and Restated 2023 Equity Incentive Plan.

Remarks:

	/s/ Kris Kang, attorney-in-fact for Craig Conway	08/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)