SEC Form 4 · accession 0001591698-26-000086
Paylocity Holding Corp · PCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven I Sarowitz
Director · 10% Owner
Period of report
Aug 14, 2026
Accepted (ET)
Aug 18, 2026 · 4:02 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001591698
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001F1 | Aug 14, 2026 | A | 2,207 | $0.00 | A | 4,489,180 | D | |
| Common Stock, par value $0.001F2,F3 | Aug 14, 2026 | S | 301 | $150.01 | D | 4,488,879 | D | |
| Common Stock, par value $0.001F2,F4 | Aug 14, 2026 | S | 285 | $152.29 | D | 4,488,594 | D | |
| Common Stock, par value $0.001 | holding | — | — | — | 3,916,476 | I | By Jessica P. Sarowitz Declaration of Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of Common Stock per RSU. The RSUs will vest 25% quarterly, such that the RSUs will vest completely on the first anniversary of the date of grant. The grant will be settled pursuant to the terms of the Issuer's Amended and Restated 2023 Equity Incentive Plan.
- F2The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 15, 2025.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $150.00 to $151.10, 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 3 and 4 of this Form 4.
- F4The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $152.10 to $153.04, inclusive.