SEC Form 4 Summary PCTY

Paylocity Director Steven I. Sarowitz Sells $2.41 Million in Shares

Paylocity director Steven I. Sarowitz sold 13,700 PCTY shares for $2,411,869.45 across four transactions.

Transaction Value:
$2,411,869.45
Shares transacted:
13,700
Average price:
$176.05
Insider:

The Form 4 filing, an SEC report of insider share trades, was filed on October 27, 2026. It covers trades made on October 26, 2026. Steven I. Sarowitz is listed as a director and 10% owner of Paylocity Holding Corp (PCTY).

Transaction details

Transaction
Date of Earliest Transaction2026-10-26
Date of Latest Transaction2026-10-26
Buy/Sellsell
Transaction Count4
Shares Transacted13,700
Price$176.05
Total Transaction Value$2,411,869.45
Insider
Ticker SymbolPCTY
CompanyPaylocity Holding Corp
Insider NameSarowitz Steven I
Insider TitleDirector, 10% Owner
Sector - IndustryOther - Unclassified
Holdings
Total Shares Owned After Transaction4,363,769
Position Size Change0.31%
Filing
Filing Date2026-10-27
SEC LinkView filing

FAQ

What type of transaction is this?

These were share sales, reported with SEC transaction code S. The activity includes four transactions in a single filing.

What was the average price of the transaction?

The average sale price was $176.05 per share, rounded to the nearest cent. This average covers the four sales together. Separate prices for each sale were not provided.

How did this transaction affect the insider's holdings?

Steven I. Sarowitz sold 13,700 shares and reported owning 4,363,769 shares afterward. The shares sold made up about 0.31% of the shares he held before the sales.

What's the total transaction value?

The total value of the four sales was $2,411,869.45.

Are there any special circumstances around this transaction?

The available details include a Rule 10b5-1 plan reference. These plans set trading instructions in advance. The related disclosure text was not provided, so it is unclear which sales, if any, the plan covered. Its adoption date and trading schedule are also unknown.

Source: SEC Form 4 filing.

For research purposes only; not investment advice.

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Alerts are based on public SEC filings and are provided for informational purposes only; they do not constitute financial advice.