STOCK TITAN

Tax withholding trims Paylocity (NASDAQ: PCTY) chair stake to 1,268,953

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

Rhea-AI Filing Summary

Paylocity Holding Corp Executive Chairman Steven R. Beauchamp reported updated holdings in company common stock. The filing shows a tax-withholding disposition of 1,849 shares at $103.93 per share, leaving 1,268,953 shares held directly. Additional indirect holdings are reported through several entities, with no open-market buys or sells disclosed.

Positive

  • None.

Negative

  • None.
Insider Beauchamp Steven R
Role Executive Chairman
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.001 1,849 $103.93 $192K
holding Common Stock, par value $0.001 -- -- --
holding Common Stock, par value $0.001 -- -- --
holding Common Stock, par value $0.001 -- -- --
holding Common Stock, par value $0.001 -- -- --
Holdings After Transaction: Common Stock, par value $0.001 — 1,268,953 shares (Direct, null); Common Stock, par value $0.001 — 235,000 shares (Indirect, by IRIE Family Trust)
Footnotes (1)
Tax-withheld shares 1,849 shares F-code tax-withholding disposition of common stock
Tax-withholding price $103.93 per share Price for 1,849 withheld shares
Direct holdings after transaction 1,268,953 shares Total common shares held directly after tax withholding
Gotham Triple Advantage Strategy LP holdings 194,926 shares Indirect ownership attributed to Gotham Triple Advantage Strategy LP
IRIE Foundation holdings 15,800 shares Indirect ownership attributed to IRIE Foundation
SRB 2025 GRAT holdings 220,000 shares Indirect ownership attributed to SRB 2025 GRAT
IRIE Family Trust holdings 235,000 shares Indirect ownership attributed to IRIE Family Trust
Holding entries count 4 entries Number of non-transactional holding records updated
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the F-code entry"
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" in each entry"
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership by various entities"
F transaction code financial
"transaction_code: "F" with description of payment of tax liability"
total shares following transaction financial
"field "total_shares_following_transaction" showing updated holdings"
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).
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*
Beauchamp Steven R

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
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 $0.00105/15/2026F1,849D$103.931,268,953D
Common Stock, par value $0.001235,000Iby IRIE Family Trust
Common Stock, par value $0.001220,000Iby SRB 2025 GRAT
Common Stock, par value $0.00115,800Iby IRIE Foundation
Common Stock, par value $0.001194,926Iby Gotham Triple Advantage Strategy LP
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:
Remarks:
/s/ Kris Kang, attorney-in-fact to Steven R. Beauchamp05/19/2026
** 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)

FAQ

What insider transaction did Paylocity (PCTY) report for Steven R. Beauchamp?

Paylocity reported a tax-withholding disposition of 1,849 common shares for Executive Chairman Steven R. Beauchamp. The shares were valued at $103.93 each and were used to cover tax obligations, not as an open-market sale.

How many Paylocity shares does Steven R. Beauchamp hold directly after this Form 4?

After the tax-withholding transaction, Steven R. Beauchamp directly holds 1,268,953 shares of Paylocity common stock. This figure comes from the Form 4 entry showing total shares following the 1,849-share tax-withholding disposition at $103.93 per share.

Were any Paylocity (PCTY) shares bought or sold on the open market in this Form 4?

The Form 4 does not report any open-market purchases or sales. It shows a single F-code tax-withholding disposition of 1,849 shares and several holding entries updating indirect ownership through related entities, without buy or sell codes.

What indirect Paylocity shareholdings are reported for Steven R. Beauchamp?

The filing lists indirect holdings of 194,926 shares by Gotham Triple Advantage Strategy LP, 15,800 shares by IRIE Foundation, 220,000 shares by SRB 2025 GRAT, and 235,000 shares by IRIE Family Trust, in addition to direct holdings.

What does the F transaction code mean in the Paylocity Form 4?

The F code indicates a tax-withholding disposition, where shares are delivered to satisfy tax obligations. In this case, 1,849 Paylocity shares at $103.93 per share were withheld, which is not an open-market sale or discretionary trade.

Does the Paylocity Form 4 show any derivative or option exercises?

The Form 4’s derivativeSummary is empty and the transaction summary shows zero derivative transactions or exercises. Only common stock positions are reported, along with one tax-withholding disposition and updated indirect ownership holdings.