Paylocity SVP uses 730 shares for tax withholding

Paylocity Holding Corp senior vice president of operations Andrew Cappotelli reported a routine tax-withholding transaction involving company stock.

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Form Type

Rhea-AI Filing Summary

Paylocity Holding Corp senior vice president of operations Andrew Cappotelli reported a routine tax-withholding transaction involving company stock. On the reported date, 730 shares of common stock were disposed of at $103.93 per share to satisfy tax obligations, a non-market event rather than an open-market sale. After this transaction, Cappotelli directly held 18,578 shares of Paylocity common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 730 shares

Exercise Price or Tax Liability 1 txn

Insider Cappotelli Andrew

Role Sr Vice President Operations

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock, par value $0.001	730	$103.93	$76K

Holdings After Transaction: Common Stock, par value $0.001 — 18,578 shares (Direct)

Key Figures

Shares used for tax withholding: 730 shares Tax-withholding price: $103.93 per share Shares held after transaction: 18,578 shares

3 metrics

Shares used for tax withholding 730 shares Disposed in tax-withholding transaction

Tax-withholding price $103.93 per share Valuation of shares delivered for tax liability

Shares held after transaction 18,578 shares Direct Paylocity common stock ownership after Form 4

Key Terms

tax-withholding disposition, Common Stock, par value $0.001, Form 4

3 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"

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.

FAQ

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

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

Paylocity reported that senior vice president of operations Andrew Cappotelli disposed of 730 common shares. The transaction was classified as a tax-withholding disposition, meaning shares were used to cover tax obligations rather than sold on the open market.

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

No, the transaction was coded “F,” indicating a tax-withholding disposition, not an open-market sale. Shares were delivered to satisfy an exercise price or tax liability, so it reflects a mechanical tax event rather than discretionary selling of Paylocity stock.

How many Paylocity (PCTY) shares were used for tax withholding?

A total of 730 Paylocity common shares were used for tax withholding. The filing shows these shares were valued at $103.93 per share, and the transaction is described as payment of a tax liability by delivering securities to the issuer.

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

After the tax-withholding disposition, Andrew Cappotelli directly holds 18,578 Paylocity common shares. This figure is reported as his total direct ownership following the transaction, providing context for the relatively small size of the withholding event.

What does transaction code “F” mean in the Paylocity (PCTY) Form 4?

Transaction code “F” on the Form 4 indicates shares were disposed of to pay an exercise price or tax liability. In this Paylocity filing, it signals that 730 shares were delivered for tax withholding, not sold through a market transaction or trading plan.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/19/2026 - 04:08 PM EDT

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^*

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)
05/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.001	05/15/2026		F		730	D	$103.93	18,578	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

	/s/ Kris Kang, attorney-in-fact to Andrew Cappotelli	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)

Source: View Original Filing on SEC EDGAR