Glenn Ryan sold $501K of PCTY
Glenn Ryan (Chief Financial Officer) sold 3,345 shares of Paylocity Holding Corp (PCTY) at $149.75 ($0.50M total) on 2026-08-19 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
While the transaction is new information, its modest size limits market impact.
Market read
Provides a fresh data point for investors monitoring insider activity at Paylocity.
What to watch
Potential upcoming earnings or guidance that could offset the sale's impact.
Background
Form 4 filings disclose insider trades; a CFO sale via a pre‑arranged 10b5‑1 plan is a standard disclosure.
Ticker impact
CFO Glenn Ryan sold 3,345 shares (~$501K) of Paylocity via a 10b5-1 plan, reducing his stake to 122,563 shares.
Potential slight downward pressure in the short term, likely limited to a few basis points.
A $500K sale by a senior executive is material enough to be noted but not large enough to drive a significant move.
Market effects
Minimal impact on the HR‑tech sector; insider activity is routine.
No regional effect beyond Paylocity's shareholder base.
Limited to investors tracking insider transactions.
Counterpoint
The sale could be a portfolio rebalancing unrelated to company outlook, so price may remain stable.
Key entities
- ExecutiveGlenn Ryan
Chief Financial Officer of Paylocity Holding Corp.
- CompanyPaylocity Holding Corp
Provider of cloud‑based payroll and HR solutions.


