Paylocity Operations Chief Holds 11,953 Shares After Scheduled Stock Sale

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Form 4 Filing Details: Andrew Cappotelli, Senior Vice President Operations at Paylocity Holding Corp (PCTY), reported a sale of 1,717 shares of common stock at $176.74 per share on June 23, 2025.

Key Transaction Details:

Transaction was executed under a pre-established 10b5-1 trading plan adopted on February 25, 2025
Following the transaction, Cappotelli retains direct ownership of 11,953 shares
The sale was reported within the required two-business-day filing deadline

This insider sale represents a planned transaction through an automated trading program designed to comply with SEC Rule 10b5-1, which helps executives avoid allegations of insider trading by establishing predetermined trading parameters.

Insider Trade Summary

Net Seller: 1,717 shares ($303,463)

Net Sell 1 txn

Insider Cappotelli Andrew

Role Sr Vice President Operations

Sold 1,717 shs ($303K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.001	1,717	$176.74	$303K

Holdings After Transaction: Common Stock, par value $0.001 — 11,953 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 06/25/2025 - 04:10 PM

SEC Form 4

FORM 4

UNITED 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^*

Cappotelli Andrew

(Last)

(First)

(Middle)

C/O 1400 AMERICAN LANE

(Street)

SCHAUMBURG

60173

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Paylocity Holding Corp [ PCTY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr Vice President Operations

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.001	06/23/2025		S		1,717⁽¹⁾	D	$176.74	11,953	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on February 25, 2025.

Remarks:

	/s/ Kris Kang, attorney-in-fact to Andrew Cappotelli	06/25/2025
	** Signature of Reporting Person	Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

How many PCTY shares did SVP Andrew Cappotelli sell on June 23, 2025?

Andrew Cappotelli, Senior Vice President of Operations at Paylocity, sold 1,717 shares of PCTY common stock on June 23, 2025.

What was the sale price of PCTY shares in Cappotelli's June 2025 transaction?

The shares were sold at a price of $176.74 per share.

How many PCTY shares does Andrew Cappotelli own after the June 2025 sale?

Following the reported transaction, Andrew Cappotelli directly owns 11,953 shares of Paylocity (PCTY) common stock.

Was PCTY SVP Cappotelli's June 2025 stock sale part of a 10b5-1 plan?

Yes, the transaction was conducted under an approved 10b5-1 Plan that was adopted by Cappotelli on February 25, 2025.

What position does Andrew Cappotelli hold at PCTY?

Andrew Cappotelli serves as Senior Vice President of Operations at Paylocity Holding Corporation (PCTY).