Insider sales are too small in dollar terms to warrant action. The CFO's sale likely represents routine portfolio diversification. Monitor next quarterly filing for any change in guidance, but this cluster alone provides no clear trading signal.
Price Chart
Executive Summary
CFO Ryan Glenn and SVP Cappotelli sold ~$130K in open-market shares over a 4-day window, the largest insider sales at Paylocity in the past 30 days. No insiders bought. The dollar amount is trivial relative to PCTY's $6B market cap (0.002%), making this routine portfolio activity with no material signaling value.
Key Financial Metrics
Key Facts
- CFO Ryan Glenn sold 1,034 shares at $117.55 ($122K) on 2026-06-01
- SVP Andrew Cappotelli sold 70 shares at $116.35 ($8K) on 2026-06-04
- Total open-market sales: $129.7K
- Sales represent ~0.002% of PCTY's $6.0B market cap
- No insider open-market purchases in the cluster window
- SVP Cappotelli also had a non-cash tax-withholding transaction ($6.8K, 59 shares)
Financial Impact
Trivial — $130K in sales vs. $6.0B market cap (<0.01%)
Risk Factors
- No risk signaled — insider activity is within normal liquidity-driven range
- CFO selling could be interpreted as lack of conviction by some traders, but dollar amount is immaterial
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PCTY-1780689818333 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | Insider Cluster | $176.46 | awaiting T+1 | — | $176.46 (+0.00%) |
Oct 23, 2026 3d ago | Institutional Cluster | $177.19 $176.46 | ▼ −0.41% | ▼ −1.12% | $176.46 (−0.41%) |
Oct 22, 2026 4d ago | DEFA14A / DEF 14A | $177.67 $177.19 | ▼ −0.27% | ▲ +0.25% | $176.46 (−0.68%) |
Oct 22, 2026 5d ago | Insider Cluster | $177.19 $176.46 | ▲ +0.41% | ▲ +1.12% | $176.46 (+0.41%) |
Oct 21, 2026 5d ago | Insider Cluster | $177.67 $177.19 | ▲ +0.27% | ▼ −0.25% | $176.46 (+0.68%) |
Oct 19, 2026 8d ago | Insider Cluster | $170.06 $169.33 | ▲ +0.43% | ▲ +0.95% | $176.46 (−3.76%) |
Oct 16, 2026 10d ago | Insider Cluster | $166.17 $170.06 | ▲ +2.34% | ▲ +2.01% | $176.46 (+6.19%) |
Sep 10, 2026 6w ago | Press Release | $142.86 $141.66 | ▼ −0.84% | ▼ −1.69% | $176.46 (+23.52%) |
Sep 9, 2026 6w ago | Insider Cluster | $142.86 $141.66 | ▼ −0.84% | ▼ −1.69% | $176.46 (+23.52%) |
Sep 1, 2026 7w ago | Insider Cluster | $154.29 $154.29 | · 0.00% | ▼ −1.05% | $176.46 (+14.37%) |
US Market Status
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