Rost Nicholas sold $77K of PCTY
Rost Nicholas (VP CAO & Treasurer) sold 520 shares of Paylocity Holding Corp (PCTY) at $148.03 on 2026-08-18 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosed sale is routine and modest; unlikely to affect Paylocity's valuation.
Market read
Routine insider sale with limited trading relevance.
What to watch
Potential upcoming compensation changes or stock‑based plan adjustments.
Background
SEC Form 4 filings disclose insider transactions; investors track them for signals of insider sentiment.
Ticker impact
VP CAO & Treasurer Rost Nicholas sold 520 shares for $76,976 via a 10b5‑1 plan.
minimal impact, price likely unchanged
Sale size is <$100k and represents a tiny fraction of total holdings; market typically discounts such routine transactions.
Market effects
none
none
none
Counterpoint
Even small insider sales can signal confidence issues; monitor for further disposals.
Key entities
- OfficerRost Nicholas
Vice President, Chief Accounting Officer & Treasurer at Paylocity
- CompanyPaylocity Holding Corp
Provider of cloud‑based payroll and HR solutions


