Paylocity (NASDAQ: PCTY) VP Rost sells 520 shares in pre-planned trade
Rhea-AI Filing Summary
Paylocity Holding Corp (PCTY) reported that officer Nicholas Rost, VP CAO & Treasurer, sold 520 shares of common stock on 2026-08-18 at an average price of $148.03 per share in an open-market or private transaction.
After this sale, Rost directly holds 13,823 shares of Paylocity common stock. The transaction was conducted under an approved Rule 10b5-1 Plan adopted by Rost on 2025-11-25, indicating it was pre-arranged under that trading plan.
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Insider Trade Summary 10b5-1
Net Seller: 520 shares
Net Sell
1 txn
Insider
Rost Nicholas
Role
VP CAO & Treasurer
Sold
520 shs ($77K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 F1 | 520 | $148.03 | $77K |
Holdings After Transaction:
Common Stock, par value $0.001 — 13,823 shares (Direct)
Footnotes (1)
- F1. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on November 25, 2025.
Key Figures
Shares sold: 520 shares
Sale price: $148.03 per share
Shares owned after transaction: 13,823 shares
+1 more
4 metrics
Shares sold
520 shares
Common stock sale by Nicholas Rost on 2026-08-18
Sale price
$148.03 per share
Average price for 520 shares sold on 2026-08-18
Shares owned after transaction
13,823 shares
Direct holdings of Nicholas Rost following the sale
10b5-1 plan adoption date
2025-11-25
Date Rost adopted the Rule 10b5-1 trading plan governing the sale
Key Terms
Rule 10b5-1 Plan, Form 4, Sale in open market or private transaction
3 terms
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.
Form 4 regulatory
"as reported on a 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.
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transaction did PCTY disclose for Nicholas Rost?
PCTY disclosed that officer Nicholas Rost sold 520 shares of Paylocity common stock on 2026-08-18 at an average price of $148.03 per share in an open-market or private transaction, as reported on a Form 4.
Was the PCTY insider sale by Nicholas Rost under a Rule 10b5-1 plan?
Yes. The filing states the sale was conducted under an approved Rule 10b5-1 Plan adopted by Nicholas Rost on 2025-11-25. This indicates the trade was made pursuant to a pre-arranged trading plan.
What is the transaction code used in Nicholas Rost’s PCTY Form 4?
The transaction is coded "S", described as a "Sale in open market or private transaction". It covers the disposition of 520 shares of Paylocity common stock on 2026-08-18 by officer Nicholas Rost.
AI-generated analysis. How Rhea-AI works. Not financial advice.