Scutt Joshua 4

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.