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EdgarHawk

Williams Toby J.

President and CEO

Director Officer
4 filings analyzed · 1 company · Latest 2026-02-18

Companies

Company Buys Sells Direction
Paylocity Holding Corp PCTY 0 18 Net selling

Activity

February 2026
2026-02-18 Paylocity Holding Corp PCTY
high
Sell
8,000 shares
$837,194
Significance 7/10

Williams (CEO/President) sells 8,000 PCTY shares for $837,194.00; 5 of 5 prior PCTY sales posted negative 90-day returns.

Williams executed two separate sales totaling 8,000 shares for $837,194.00 at blended average price $104.65, reducing his holdings by 3.8% from 213.3K to 205.3K shares. His prior trading pattern at PCTY shows a striking timing pattern: all 5 previous PCTY sales resulted in negative 90-day returns (ranging from -1.4% to -14.3%), signaling that his prior sales have coincided with or preceded subsequent declines. The current stock price of $109.35 is -49.8% from the 52-week high and down -22.0% over 30 days and -24.0% over 90 days, reflecting significant recent weakness. Given the CEO's consistent track record of selling at levels that subsequently fell at this specific ticker, this transaction occurs in an environment of material price deterioration and extends a demonstrated pattern of sale timing relative to downward price movements.

August 2025
2025-08-19 Paylocity Holding Corp PCTY
medium
Sell
8,000 shares
$1,374,171
Significance 5/10

PCTY CEO Toby Williams sells 8,000 shares in 2 transactions for $1,374,170.80 at $171.77 average price

Toby J. Williams, President and CEO of Paylocity, executed two separate sales on 2025-08-15 totaling 8,000 shares for $1,374,170.80, reducing his holdings by 3.5% to 220,752 shares post-transaction. The sales occurred at $171.50 and $172.04 per share, with a blended average of $171.77, while the stock currently trades at $178.04. At his prior sales at PCTY (February and August 2024), Williams's timing at the 90-day horizon was mixed: the three February 2025 sales showed declines of -7.6% to -8.4% over 90 days (well-timed), while the two August 2024 sales showed gains of +42.4% to +43.3% (poorly timed). His cross-ticker track record across 13 prior open-market sales shows a 76.92% well-timed rate at the 90-day mark, with average 90-day return of +1.2%, indicating his sales have historically preceded modest declines. The filing provides no FLAGS indicating scheduled or discretionary timing constraints.

February 2025
2025-02-19 Paylocity Holding Corp PCTY
medium
Sell
8,000 shares
$1,734,369
Significance 6/10

Paylocity CEO Toby J. Williams sells 8,000 shares ($1.7M) across 3 transactions on 2025-02-14

CEO Williams executed 3 separate sales totaling 8,000 shares for $1,734,368.87 on 2025-02-14, averaging $216.80 per share and reducing his holdings by 5.7% to 132,114 shares. The timing of these sales is noteworthy: they occurred at prices ($215.48–$217.38) near the 52-week high of $217.86, with the stock currently at $212.68 and showing +8.0% gains over the past 30 days. Williams' prior sales at PCTY show a mixed pattern—three sales on 2024-08-14 were followed by strong 90-day gains of 41.5% to 43.3%, while two sales on 2024-02-13 were followed by small 90-day declines of -2.1% to -2.6%, indicating only 2 of 5 prior trades at this ticker were well-timed at the 90-day mark. Against a backdrop of strong company fundamentals (revenue $377.0M, +19.4% annual growth, P/E 53.71), this sale occurs at near-peak valuation but lacks a clear catalyst explanation.

August 2024
2024-08-16 Paylocity Holding Corp PCTY
high
Sell
8,000 shares
$1,190,553
Significance 6/10

PCTY CEO Williams sells 8,000 shares for $1.2M; stock -25% from 52-week high, -11.1% past 90 days

President and CEO Toby J. Williams executed 3 separate sales totaling 8,000 shares for $1,190,553.30 on 2024-08-14, reducing his holdings from 107.6K to 99.6K shares (a -7.4% reduction). The blended average sale price of $148.82 sits modestly below the current price of $153.77, with the stock currently -25.0% from its 52-week high of $205.05 and down -11.1% over the past 90 days. Notably, Williams's prior 5 trades at PCTY all showed well-timed execution at the 90-day mark, and his cross-ticker track record of 7 prior sells achieved a 100% well-timed rate with an average 90-day return of -12.5%, suggesting consistent pattern-recognition of downside. The company itself remains fundamentally sound (P/E 32.72, +19.4% annual revenue growth, $85.3M net income on $401.3M revenue), so this sale does not reflect disclosed financial deterioration but rather a tactical reduction during a period of elevated valuation and recent momentum loss.

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