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SEC EDGARAUG 201 min read$PCTY

Scutt Joshua sold $709K of PCTY

Scutt Joshua (SVP Chief Revenue Officer) sold 4,730 shares of Paylocity Holding Corp (PCTY) at an average of $149.82 ($147.60–$150.71, $0.71M total) across 4 trades on 2026-08-19 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Scutt Joshua
Published Aug 20, 2026, 8:07 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 20, 2026, 8:10 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About alphai AI DeskScoring methodologyReport an issue
alphai market briefInsider activity
Primary signal
$PCTY
Bearish
medium confidence
Mentioned
$PCTY
Relevance
4/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PCTYBearishLow
01

Why it matters

The disclosed sale is modest and unlikely to move the stock significantly.

02

Market read

Routine insider sale with limited trading relevance.

03

What to watch

Potential upcoming earnings or guidance that prompted the sale.

Relevance 4/10Novelty 4/10Timing: post-market 2026-08-20

Background

SEC Form 4 filing provides primary disclosure of insider transactions.

Company-level read

Ticker impact

$PCTYBearishMedium confidence
Context

Form 4 disclosed SVP CRO sold 4,730 shares (~$709K) of Paylocity, a new insider sale filing.

Expected impact

Potential short-term dip of 0.5‑1% on the day of filing.

Evidence & confidence

Sale size is modest and insider is not a top executive; market may view as routine.

Market effects

Sector

No significant sector impact; Paylocity operates in HR SaaS.

Regional

Limited to US equities market.

Global

Low global relevance.

Counterpoint

What could challenge this read

Insider sale could be a portfolio rebalancing, not a negative signal.

Key entities

  • Company
    Paylocity Holding Corp

    US-listed HR SaaS provider (ticker PCTY).

  • Individual
    Scutt Joshua

    SVP Chief Revenue Officer, insider seller.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

PCTY insider trading history →

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