Paylocity director Steven I Sarowitz sold $1.92 million in $PCTY stock on October 15, 2026. The transaction covered 11,600 shares at $165.59 each, for a total of $1,920,844. His Form 4, filed October 16, one day after the trade, listed 4,436,795 shares still owned after the transaction. Paylocity Holding Corp, classified in the Professional Services sector, carried a market capitalization of about $8.12 billion at the time of the filing.
That October 15 filing was one of two Sarowitz sales reported on the same Form 4 date. The second covered 6,094 shares at $166.21 per share, or $1,012,884, leaving 4,430,701 shares. Together, the two October 15 sales totaled 17,694 shares and about $2.93 million.
Sarowitz has filed a string of open-market $PCTY sales in recent months. On August 27, four sales totaled 19,459 shares for about $3.07 million; the Form 4 arrived August 31, four days later. On August 7, six sales totaled 32,972 shares for about $5.03 million, filed August 11. The largest single transaction in that stretch was a 13,450-share sale at $150.73 on August 7, worth $2,027,319. On August 6, two sales totaled 11,136 shares for about $1.68 million, filed August 10. A single August 24 sale of 441 shares at $155.00 added $68,355, filed August 26. Each transaction was an open-market sale; none involved grant-related activity.
The selling extended beyond Sarowitz. Executive Chairman Steven R Beauchamp reported four open-market sales on September 15: 8,460 shares at $147.01, 4,799 shares at $147.86, 1,641 shares at $145.96, and 100 shares at $148.56, totaling about $2.21 million. He also reported five sales on August 14 totaling about $2.23 million, led by a 10,569-share sale at $148.46. CEO Toby J. Williams reported four sales on August 14 totaling about $1.78 million, led by a 9,699-share sale at $148.53. President Andrew Cappotelli reported five open-market sales across August 19 and September 4. VP Joshua Scutt reported four sales on August 19, and VP Nicholas Rost reported a single August 18 sale of 520 shares. Director Kenneth B. Robinson reported an August 27 sale of 800 shares at $158.41. Across the August-to-October period, the filings showed open-market sales by at least seven Paylocity insiders, including the executive chairman, the CEO, and multiple directors and officers.
The most recent $PCTY disclosure in the congressional database was a sale by Representative Rob Bresnahan on January 13, 2025, disclosed 31 days later on February 13, 2025. Earlier filings included sales by Representative Josh Gottheimer in 2021 and 2022 and a sale and a purchase by Representative Ro Khanna in 2022. No congressional $PCTY transactions matched the October 2026 corporate filing period.