Paylocity (PCTY) CFO has 2,436 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paylocity Holding Corp Chief Financial Officer Glenn Ryan reported a tax-withholding disposition of 2,436 shares of common stock on May 15, 2026 at $103.93 per share. This transaction covered tax obligations on equity compensation, and Ryan now directly holds 68,428 shares of Paylocity common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Glenn Ryan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.001 | 2,436 | $103.93 | $253K |
Holdings After Transaction:
Common Stock, par value $0.001 — 68,428 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 2,436 shares
Transaction price: $103.93 per share
Shares held after transaction: 68,428 shares
+1 more
4 metrics
Tax-withholding shares
2,436 shares
Shares delivered to satisfy tax liability on May 15, 2026
Transaction price
$103.93 per share
Value used for the tax-withholding disposition
Shares held after transaction
68,428 shares
CFO’s direct Paylocity holdings following the Form 4 event
Transaction code
F
Payment of exercise price or tax liability by delivering securities
Key Terms
tax-withholding disposition, Common Stock, par value $0.001, Form 4, Payment of exercise price or tax liability by delivering securities
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 2,436 shares"
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did Paylocity (PCTY) report for its CFO?
Paylocity reported that CFO Glenn Ryan had 2,436 shares withheld in a tax-related disposition. The shares were used to satisfy tax obligations tied to equity compensation, rather than an open-market stock sale.
Was the Paylocity (PCTY) CFO’s recent Form 4 a stock sale?
The Form 4 shows a tax-withholding disposition, not an open-market sale. 2,436 shares were delivered at $103.93 per share to cover tax liability associated with stock-based compensation.
What does transaction code F mean in the Paylocity (PCTY) Form 4?
Transaction code F indicates a tax-withholding disposition. In this case, 2,436 Paylocity shares were delivered to pay tax liability on equity compensation, as described by the code’s definition in the Form 4.