Paylocity (PCTY) CFO Glenn Ryan Sells Shares

What Happened Glenn Ryan, CFO of Paylocity Holding Corp (PCTY), sold 3,345 shares of company stock in an open-market transaction on August 19, 2026. The shares traded at $149.75 each for total proceeds of approximately $500,914; the Form 4 was filed on August 20, 2026. This was a sale (code S), which is often routine and does not necessarily indicate a change in outlook.

Key Details

• Transaction date and price: August 19, 2026 — 3,345 shares at $149.75 per share.
• Total proceeds: ~$500,914.
• Transaction type/code: Open-market sale (S).
• Footnote: Transaction was conducted under an approved 10b5-1 plan adopted by the reporting person on September 5, 2025 (see F1).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Reported on Form 4 dated August 20, 2026 (timely relative to the transaction date).
• Filing accession: 0001591698-26-000121.

Context A 10b5-1 trading plan lets insiders execute pre-scheduled trades and provides an affirmative defense against insider trading claims; sales under such plans are commonly routine (tax or portfolio management) rather than clear signals about company prospects. No options were exercised and no awards or gifts were involved in this reporting.