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  4. [Form 4] Paylocity Holding Corp Insider Trading Activity

Paylocity director sells 441 shares at $155

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Paylocity Holding Corp (PCTY) insider Steven I. Sarowitz, a director and more-than-10% owner, reported selling 441 shares of common stock on August 24, 2026 at a weighted average price of $155.00 per share, under a Rule 10b5-1 trading plan adopted on December 15, 2025. After this sale, he directly holds 4,472,954 shares and has an indirect holding of 3,916,476 shares through the Jessica P. Sarowitz Declaration of Trust.

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Insider Sarowitz Steven I
Role Director, 10% Owner
Sold 441 shs ($68K)
Type Security Shares Price Value
Sale Common Stock, par value $0.001 F1, F2 441 $155.00 $68K
holding Common Stock, par value $0.001 -- -- --
Holdings After Transaction: Common Stock, par value $0.001 — 4,472,954 shares (Direct); Common Stock, par value $0.001 — 3,916,476 shares (Indirect, By Jessica P. Sarowitz Declaration of Trust)
Footnotes (2)
  1. F1. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 15, 2025.
  2. F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $155.00 to $155.04, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 2 of this Form 4.
Shares sold 441 shares of common stock Sale on August 24, 2026 by Steven I. Sarowitz
Weighted average sale price $155.00 per share Sale of 441 shares on August 24, 2026
Sale price range $155.00 to $155.04 per share Multiple transactions included in the reported sale
Direct holdings after transaction 4,472,954 shares Common stock directly held by Steven I. Sarowitz after sale
Indirect holdings 3,916,476 shares Common stock held indirectly by Jessica P. Sarowitz Declaration of Trust
Rule 10b5-1 plan adoption date December 15, 2025 Plan under which the August 24, 2026 sale was conducted
Rule 10b5-1 Plan regulatory
"conducted under an approved 10b5-1 Plan adopted by the reporting person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect financial
"Indirect ownership noted as By Jessica P. Sarowitz Declaration of Trust"

FAQ

What insider transaction did PCTY director Steven I. Sarowitz report?
Steven I. Sarowitz reported a sale of 441 PCTY common shares on August 24, 2026 at a weighted average price of $155.00 per share, executed as a sale in the open market or private transaction.

Was the August 24, 2026 PCTY stock sale under a Rule 10b5-1 plan?
Yes. The filing states the transaction was conducted under an approved Rule 10b5-1 Plan adopted by Steven I. Sarowitz on December 15, 2025.

What price range were the PCTY shares sold for on August 24, 2026?
The shares were sold at prices ranging from $155.00 to $155.04 per share, with a reported weighted average price of $155.00 per share.

How many PCTY shares does Steven I. Sarowitz hold directly after the reported sale?
After the reported sale, Steven I. Sarowitz directly holds 4,472,954 shares of Paylocity Holding Corp common stock.

Does Steven I. Sarowitz report any indirect ownership of PCTY shares?
Yes. The filing shows an indirect position of 3,916,476 PCTY shares held by Jessica P. Sarowitz Declaration of Trust.

Can investors get detailed price information for the August 24, 2026 PCTY trades?
Yes. The filing states the reporting person will provide, upon request, full information on the number of shares sold at each separate price within the $155.00 to $155.04 range.

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

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SEC Form 4
FORM 4UNITED 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).
X
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*
Sarowitz Steven I
(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)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.00108/24/2026S441(1)D$155(2)4,472,954D
Common Stock, par value $0.0013,916,476IBy Jessica P. Sarowitz Declaration of Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 15, 2025.
2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $155.00 to $155.04, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 2 of this Form 4.
Remarks:
/s/ Kris Kang, attorney-in-fact to Steven I. Sarowitz08/26/2026
** Signature of Reporting PersonDate
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