Paylocity (PCTY) SVP logs 240-share tax-withholding stock disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paylocity Holding Corp senior vice president of Product and Technology Melissa Ann King reported a tax-withholding disposition of company stock. On February 16, 2026, she transferred 240 shares of common stock at $107.13 per share to cover taxes, and held 29,524 shares afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
King Melissa Ann
Role
SVP Product and Technology
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.001 | 240 | $107.13 | $26K |
Holdings After Transaction:
Common Stock, par value $0.001 — 29,524 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Paylocity (PCTY) report for Melissa Ann King?
Paylocity reported that SVP Product and Technology Melissa Ann King disposed of 240 shares of common stock. The transaction was a tax-withholding disposition related to equity compensation, not an open-market trade, and was priced at $107.13 per share.
Was the Paylocity (PCTY) insider transaction a stock sale on the open market?
No, the transaction was classified as a tax-withholding disposition, not an open-market sale. Shares were delivered to satisfy tax obligations tied to equity awards, with 240 shares transferred at a reference price of $107.13 per share.
What does transaction code “F” mean in the Paylocity (PCTY) Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 240 Paylocity shares were disposed of to satisfy tax obligations related to equity compensation, rather than being sold voluntarily on the open market.
What role does Melissa Ann King hold at Paylocity (PCTY)?
Melissa Ann King serves as senior vice president of Product and Technology at Paylocity. Her Form 4 filing reflects a routine tax-withholding disposition of 240 shares tied to her equity compensation, leaving her with 29,524 common shares held directly.