Paylocity (PCTY) CFO uses stock to cover exercise, taxes
Rhea-AI Filing Summary
Paylocity Holding Corp (PCTY) reported that its Chief Financial Officer, Glenn Ryan, had 6,007 shares of common stock withheld or delivered on August 17, 2026 to satisfy the payment of option exercise price or tax liability, at a reference price of $148.28 per share. Following this code F transaction, Ryan directly holds 125,908 shares of Paylocity common stock.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 6,007 shares
Net Sell
1 txn
Insider
Glenn Ryan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.001 | 6,007 | $148.28 | $891K |
Holdings After Transaction:
Common Stock, par value $0.001 — 125,908 shares (Direct)
Key Figures
Shares used for exercise price or tax liability: 6,007 shares
Reference price per share: $148.28 per share
Shares owned after transaction: 125,908 shares
3 metrics
Shares used for exercise price or tax liability
6,007 shares
Code F non-derivative disposition on August 17, 2026
Reference price per share
$148.28 per share
Value assigned to the 6,007 shares in the code F transaction
Shares owned after transaction
125,908 shares
Direct Paylocity common stock holdings by CFO Glenn Ryan following the transaction
Key Terms
Code F, Payment of exercise price or tax liability, non-derivative
3 terms
Code F regulatory
"reported as a code F transaction related to equity awards"
Payment of exercise price or tax liability financial
"withheld or delivered as payment of exercise price or tax liability"
non-derivative financial
"Code F non-derivative disposition on August 17, 2026"
FAQ
What insider transaction did Paylocity (PCTY) disclose for CFO Glenn Ryan?
Paylocity disclosed that CFO Glenn Ryan had 6,007 shares of common stock withheld or delivered on August 17, 2026 to pay the exercise price or tax liability related to equity awards, reported as a code F transaction.
Was Glenn Ryan’s Paylocity (PCTY) Form 4 transaction under a Rule 10b5-1 plan?
The Form 4 shows the Rule 10b5-1 checkbox as not affirmed (unchecked). The filing does not indicate that the 6,007-share code F transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.