Scutt Joshua 4
4 · Paylocity Holding Corp · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Paylocity (PCTY) SVP Joshua Scutt Sells 4,054 Shares
What Happened
- Joshua Scutt, Senior Vice President — Sales at Paylocity Holding Corp (PCTY), sold a total of 4,054 shares on Feb 19, 2026 in two open-market transactions for combined proceeds of approximately $439,152. The filings report 1,400 shares at a weighted average price of $107.54 (proceeds $150,556) and 2,654 shares at a weighted average price of $108.74 (proceeds $288,596). These sales are reported as dispositions (code S).
Key Details
- Transaction dates: 2026-02-19 (both sales).
- Prices reported (weighted averages): $107.54 (1,400 sh), $108.74 (2,654 sh).
- Price ranges: first block sold between $106.97–$107.95; second block between $108.06–$108.94 (filing offers to provide per-price breakdown on request).
- Total shares sold: 4,054; total proceeds: ~$439,152.
- Plan/authorization: Transactions were made under a pre-established 10b5-1 trading plan adopted Sept 10, 2025 (Footnote F1).
- Ownership attribution: Some shares are owned by the reporting person’s father‑in‑law; the reporting person’s spouse holds a power of attorney providing investment power over those shares (Footnote F4).
- Shares owned after the transaction: Not disclosed in this Form 4.
- Filing date and timeliness: Form 4 was filed on 2026-02-23; filed within the typical two-business-day SEC window following the Feb 19 transaction (timely).
Context
- These were scheduled sales under a 10b5-1 plan, which are commonly used to execute pre-set trades and do not necessarily indicate a change in the insider’s view of the company. Sales (dispositions) are generally considered routine; purchases usually carry more weight as signals of insider conviction.
Insider Transaction Report
Form 4
Scutt Joshua
Senior Vice President Sales
Transactions
- Sale
Common Stock, par value $0.001
[F1][F2]2026-02-19$107.54/sh−1,400$150,556→ 48,241 total - Sale
Common Stock, par value $0.001
[F1][F3]2026-02-19$108.74/sh−2,654$288,596→ 45,587 total
Holdings
- 118(indirect: Owned by father-in-law)
Common Stock, par value $0.001
[F4]
Footnotes (4)
- [F1]The transaction indicated was conducted under an approved 10b5-1 Plan adopted on September 10, 2025.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $106.97 to $107.95, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2 and 3 of this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $108.06 to $108.94, inclusive.
- [F4]Shares are owned by the Reporting Person's father-in-law; the Reporting Person's spouse was granted a power of attorney that provides for investment power over the shares.
Signature
/s/ Kris Kang, attorney-in-fact to Joshua Scutt|2026-02-23