Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-28

Paylocity Holding Corp (PCTY)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$18,044,482
Toby Williams total, FY2025
47th
CEO pay percentile vs peers
164:1
CEO-to-median pay ratio
93.07%
Say-on-pay support, latest vote
Companies that benchmark against PCTY
31 companies name PCTY as a compensation peer

Each company listed discloses PCTY in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named PCTY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Toby Williams$680,960$0$16,319,530$0$951,471$0$92,521$18,044,482
President and Chief Executive Officer
Ryan Glenn427,42905,240,3590597,225041,9556,306,968
Chief Financial Officer
Joshua Scutt460,05803,835,6200641,8780201,6805,139,236
Senior Vice President of Sales
Melissa King230,208275,0003,500,1410237,412018,6544,261,415
Senior Vice President of Product and Technology
Andrew Cappotelli400,00001,999,0520552,0000173,8033,124,855
Senior Vice President of Operations
Steven Beauchamp340,84202,213,0250445,606045,0443,044,516
Executive Chairman and Former Co-Chief Executive Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Toby Williams$18,044,482$14,737,065$21,672,572+3,307,417
Ryan Glenn6,306,9685,349,4406,049,977+957,528
Joshua Scutt5,139,2364,289,7065,786,057+849,530
Melissa King4,261,415
Andrew Cappotelli3,124,8551,367,591+1,757,264
Steven Beauchamp3,044,51611,137,43121,583,365−8,092,915

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ryan GlennChief Financial Officer2025-11-17D2,435$148$360,502CommonForm 4 ↗
Steven R. BeauchampDirector2025-11-17D1,849148273,744CommonForm 4 ↗
Toby J. WilliamsDirector2025-11-17D6,351148940,266CommonForm 4 ↗
Nicholas RostVP CAO & Treasurer2025-11-17D31314846,340CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2025-11-17D64314895,196CommonForm 4 ↗
Joshua ScuttSenior Vice President Sales2025-11-17D1,560148230,958CommonForm 4 ↗
Melissa KingSVP Product and Technology2025-11-17D24014835,532CommonForm 4 ↗
Ryan GlennChief Financial Officer2025-11-19D1,537144220,682CommonForm 4 ↗
Ryan GlennChief Financial Officer2025-11-19D20014428,846CommonForm 4 ↗
Nicholas RostVP CAO & Treasurer2025-11-19D35914552,077CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2025-11-26D987147145,316CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2025-12-01D591478,692CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2025-12-04D6914710,136CommonForm 4 ↗
Steven R. BeauchampDirector2025-12-11A15,80000CommonForm 4 ↗
Steven R. BeauchampDirector2025-12-11D15,80000CommonForm 4 ↗
Melissa KingSVP Product and Technology2026-01-02D38015357,950CommonForm 4 ↗
Toby J. WilliamsDirector2026-02-13D6,536107700,202CommonForm 4 ↗
Toby J. WilliamsDirector2026-02-13D2,700104280,800CommonForm 4 ↗
Toby J. WilliamsDirector2026-02-13D5,300105556,394CommonForm 4 ↗
Melissa KingSVP Product and Technology2026-02-16D24010725,711CommonForm 4 ↗
Nicholas RostVP CAO & Treasurer2026-02-16D35810738,353CommonForm 4 ↗
Joshua ScuttSenior Vice President Sales2026-02-16D1,623107173,872CommonForm 4 ↗
Ryan GlennChief Financial Officer2026-02-16D2,501107267,932CommonForm 4 ↗
Steven R. BeauchampDirector2026-02-16D1,921107205,797CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2026-02-16D78710784,311CommonForm 4 ↗
Ryan GlennChief Financial Officer2026-02-19D2,002108215,315CommonForm 4 ↗
Nicholas RostVP CAO & Treasurer2026-02-19D32910935,841CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2026-02-19D84510992,054CommonForm 4 ↗
Joshua ScuttSenior Vice President Sales2026-02-19D2,654109288,596CommonForm 4 ↗
Ryan GlennChief Financial Officer2026-02-19D1,177108127,363CommonForm 4 ↗
Joshua ScuttSenior Vice President Sales2026-02-19D1,400108150,556CommonForm 4 ↗
Ryan GlennChief Financial Officer2026-02-19D10010910,912CommonForm 4 ↗
Nicholas RostVP CAO & Treasurer2026-02-24D30710231,308CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2026-03-02D591066,283CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2026-03-04D701127,874CommonForm 4 ↗
Ryan GlennChief Financial Officer2026-03-11D58511567,012CommonForm 4 ↗
Toby J. WilliamsDirector2026-03-11D1,302115149,144CommonForm 4 ↗
Melissa KingSVP Product and Technology2026-04-01D32110834,681CommonForm 4 ↗
Joshua ScuttSenior Vice President Sales2026-05-11D67311174,690CommonForm 4 ↗
Nicholas RostVP CAO & Treasurer2026-05-15D31310432,530CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2026-05-15D73010475,869CommonForm 4 ↗
Ryan GlennChief Financial Officer2026-05-15D2,436104253,173CommonForm 4 ↗
Steven R. BeauchampDirector2026-05-15D1,849104192,167CommonForm 4 ↗
Melissa KingSVP Product and Technology2026-05-15D36610438,038CommonForm 4 ↗
Joshua ScuttSenior Vice President Sales2026-05-15D1,560104162,131CommonForm 4 ↗
Toby J. WilliamsDirector2026-05-15D5,946104617,968CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2026-05-19D899115103,430CommonForm 4 ↗
Nicholas RostVP CAO & Treasurer2026-05-19D52111559,941CommonForm 4 ↗
Ryan GlennChief Financial Officer2026-06-01D1,034118121,547CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2026-06-01D591156,781CommonForm 4 ↗
Andrew CappotelliSr Vice President Operations2026-06-04D701168,145CommonForm 4 ↗
Melissa KingSVP Product and Technology2026-07-01D48910551,115CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Steven BeauchampPSU2024-08-152,2084,4168,832$688,675
Joshua ScuttRSU2024-08-1516,6252,592,669
Toby WilliamsRSU2024-08-1549,3387,694,261
Andrew CappotelliRSU2024-08-158,6641,351,151
Melissa KingRSU2025-01-0217,9433,500,141
Andrew CappotelliPSU2024-08-151,2382,4764,952386,132
Toby WilliamsPSU2024-08-154,19416,77533,5503,547,069
Steven BeauchampPSU2024-08-155692,2754,550481,044
Ryan GlennPSU2024-08-153,2456,49012,9801,012,116
Joshua ScuttPSU2024-08-155942,3754,750502,189
Ryan GlennRSU2024-08-1522,7133,542,092
Steven BeauchampRSU2024-08-156,6901,043,306
Joshua ScuttPSU2024-08-152,3754,7509,500740,763
Andrew CappotelliPSU2024-08-153101,2382,476261,769
Toby WilliamsPSU2024-08-1516,28232,56365,1265,078,200
Ryan GlennPSU2024-08-158113,2456,490686,151
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Steven Beauchamp$1,043,306$1,169,719$052.9%
Joshua Scutt2,592,6691,242,952032.4%
Toby Williams7,694,2618,625,269052.9%
Andrew Cappotelli1,351,151647,901032.4%
Melissa King3,500,141000.0%
Ryan Glenn3,542,0921,698,267032.4%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Steven BeauchampRSU5,436$984,949
Joshua ScuttRSU6,2971,140,953
Toby WilliamsRSU2,638477,979
Ryan GlennRSU8,4371,528,700
Ryan GlennRSU821148,757
Steven BeauchampRSU12,4422,254,366
Melissa KingRSU16,8223,047,978
Steven BeauchampPSU2,275412,207
Steven BeauchampPSU22,1184,007,560
Steven BeauchampRSU5,7411,040,212
Steven BeauchampRSU7,0971,285,905
Andrew CappotelliPSU1,238224,313
Andrew CappotelliRSU20537,144
Andrew CappotelliRSU1,035187,532
Andrew CappotelliRSU1,826330,853
Ryan GlennPSU3,245587,962
Ryan GlennRSU8,6111,560,227
Ryan GlennRSU18,4553,343,861
Joshua ScuttPSU1,655299,869
Joshua ScuttPSU2,375430,326
Joshua ScuttPSU4,798869,350
Joshua ScuttRSU985178,472
Joshua ScuttRSU1,511273,778
Joshua ScuttRSU3,399615,865
Joshua ScuttRSU13,5082,447,515
Toby WilliamsPSU10,5281,907,568
Toby WilliamsPSU16,7753,039,462
Toby WilliamsPSU29,4915,343,474
Toby WilliamsRSU3,286595,390
Toby WilliamsRSU40,0887,263,545
Toby WilliamsRSU42,3327,670,135
Ryan GlennRSU3,731676,020
Ryan GlennRSU1,319238,990
Joshua ScuttRSU6,1751,118,848
Steven BeauchampRSU9,4001,703,186
Ryan GlennPSU1,780322,518
Toby WilliamsRSU16,5893,005,761
Steven BeauchampPSU10,5281,907,568
Andrew CappotelliRSU52895,668
Andrew CappotelliRSU1,319238,990
Toby WilliamsRSU9,4001,703,186
Andrew CappotelliRSU7,0401,275,578
Andrew CappotelliRSU3,219583,251
Ryan GlennPSU6,5611,188,788
05

Incentive-plan design — the Compensation Discussion & Analysis

We seek to achieve these objectives by providing compensation that is competitive with the practices of peer group technology companies and linking rewards to Company performance. Our incentives are designed to motivate our named executive officers to increase long-term stockholder value in alignment with stockholders interests.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultantCompensia
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-12-0441,242,5882,979,27090,45493.07%Passed
20242024-12-0548,411,7252,240,82821,64295.54%Passed
20222022-12-0147,749,9653,362,30615,56593.39%Passed
20212021-12-0148,407,1092,393,669388,33694.57%Passed
20202020-12-0348,029,3271,892,638462,10596.21%Passed
20192019-12-1346,835,5641,123,998117,52197.42%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-12-0493.07%a
20242024-12-0595.54%b
20222022-12-0193.39%c

a. Approved under the standard stated in the filing — “For each of the other proposals, broker non-votes, if any, will not be counted in determining the number of votes cast and will have no effect on the approval of these proposals, but abstentions will have the same effect as a vote against the matters.”.

b. Approved under the standard stated in the filing — “For each of the other proposals, broker non-votes, if any, will not be counted in determining the number of votes cast and will have no effect on the approval of these proposals, but abstentions will have the same effect as a vote against the matters.”.

c. Approved under the standard stated in the filing — “For each of the other proposals, broker non-votes, if any, will not be counted in determining the number of votes cast and will have no effect on the approval of these proposals, but abstentions will have the same effect as negative votes.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)164 : 1
CEO total compensation$18,044,482
Median employee compensation$110,302
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Ronald V. Waters IIIIndependent · Lead Independent Director · Audit (Chair) · Compensation$82,500$208,661$0$0$0$291,161
Kenneth B. RobinsonIndependent · Audit · Nominating and Corporate Governance (Chair)52,487208,661000261,148
Virginia G. BreenIndependent · Audit · Nominating and Corporate Governance50,000208,661000258,661
Robin L. PedersonIndependent · Compensation (Chair)50,000208,661000258,661
Craig A. ConwayIndependent · Compensation · Nominating and Corporate Governance47,500208,661000256,161
Andres D. ReinerIndependent · Compensation · Nominating and Corporate Governance47,500208,661000256,161
Linda M. BreardIndependent · Audit45,000208,661000253,661
Steven I. SarowitzNot independent · Audit35,000208,661000243,661
Jeffrey T. DiehlIndependent · Nominating and Corporate Governance (Chair) · Not standing for re-election · Departed during FY19,355208,661000228,016
Toby J. WilliamsEmployee director00000
Steven R. BeauchampEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$35,000
Annual equity retainer$208,661
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 20,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$429,342
Equity awards (grant-date value)$1,877,949
All other compensation$0
Total cost of the board$2,307,291

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Paylocity Holding Corp names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Paylocity Holding Corp.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Procore Technologies2025Ajei Gopal$236,966$76,650,569$0$0$77,416,665
2Elastic N.V.2026Ashutosh Kulkarni750,00045,343,6870832,53246,961,904
3Okta2026Todd McKinnon595,23335,684,2660561,71936,843,718
4The Trade Desk2025Jeff Green1,350,00011,589,47111,590,8642,804,77527,431,583
5DocuSign2026Allan Thygesen1,000,00023,600,13601,019,00025,650,100
6PTC2025Neil Barua800,00021,720,45601,620,00024,315,129
7Paycom Software2025Chad Richison858,88018,386,22601,730,56022,837,152
8Dynatrace2026Rick McConnell695,00019,790,7640713,76521,234,453
9HubSpot2025Yamini Rangan700,00018,675,7700745,85020,126,620
10Dayforce2024David Ossip800,00017,431,8070342,36018,596,544
11Paylocity Holding Corp2025Toby Williams680,96016,319,5300951,47118,044,482
12Manhattan Associates2025Eric Clark706,66712,162,5510835,37516,762,928
13Bill Holdings2025Ren Lacerte550,00014,861,4810688,05016,139,836
14RingCentral2024Vladimir Shmunis376,36714,565,1460533,31115,491,096
15Guidewire Software2025Mike Rosenbaum750,00012,280,2030975,00014,012,061
16BlackLine2025Owen Ryan524,2315,694,9414,908,126473,37811,614,676
17Paycor HCM2023Raul Villar, Jr.605,1927,125,0152,375,007622,20010,751,300
18Smartsheet2024Mark P. Mader587,0779,085,2220511,13410,205,886
19Informatica2024Amit Walia1,000,0006,712,1600891,8008,611,892
20Bentley Systems2025Nicholas Cumins791,6033,094,7660823,8994,815,961

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Paylocity Holding Corp138%RSU 50 · PSU 33 · MSU 17NoCompensia
Bentley Systems98.9%RSU 50 · PSU 50NoPearl Meyer & Partners, LLC
Bill Holdings125.1%RSU 50 · PSU 50Yes — Relative TSRSemler Brossy Consulting Group LLC
BlackLine90.1%RSU 50 · PSU 50Yes — Relative TSRCompensia
Dayforce85.59%PSU 43 · MSU 30 · RSU 27Yes — TSR relative to S&P 1500 Application Software IndexWillis Towers Watson (WTW)
DocuSign101.9%PSU 60 · RSU 40Yes — TSRCompensia
Dynatrace102.7%PSU 50 · RSU 50Yes — rTSR (relative Total Shareholder Return)Compensia, Inc.
Elastic N.V.not disclosedRSU 50 · PSU 50not disclosedSemler Brossy Consulting Group LLC
Guidewire Software130%PSU 50 · RSU 50NoSemler Brossy
HubSpot107%RSU 50 · PSU 50NoCompensia, Inc.
Informatica48.7%RSU 50 · PSU 50NoCompensia
Manhattan Associates118%RSU 50 · PSU 50NoWillis Towers Watson
Okta98.7%PSU 60 · RSU 40Yes — TSR relative to the TSR of the IndexCompensia
Paycom Software200%PSU 50 · RSU 50NoMeridian Compensation Partners, LLC
Paycor HCM102%RSU 75 · Options 25not disclosedCompensia, Inc.
Procore Technologies100.4%RSU 50 · PSU 50Yes — relative total stockholder return (rTSR)Compensia
PTC135%PSU 60 · RSU 40Yes — Three Year Relative TSRPearl Meyer & Partners, LLC
RingCentral102.3%not disclosedNoCompensia
Smartsheet87.4%PSU 50 · RSU 50NoCompensia
The Trade Desknot disclosedRSU 50 · Options 50not disclosedCompensia, Inc.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Paylocity Holding Corp in fiscal 2025?
The highest-paid executive at Paylocity Holding Corp in fiscal 2025 was Toby Williams, who served as President and Chief Executive Officer with total compensation of $18,044,482.
How does Paylocity Holding Corp's chief executive pay compare to its disclosed peer group?
Toby Williams' pay as disclosed in the filing falls within the 47th percentile of the company's peer group.
What is Paylocity Holding Corp's CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio reported for fiscal 2025 was 164:1.
How did shareholders vote on Paylocity Holding Corp's executive compensation?
Shareholders cast a 93.07% vote in favor of the executive compensation plan in the latest Say on Pay vote.
How much does Paylocity Holding Corp spend in total on board compensation for fiscal 2025?
Total board compensation for fiscal 2025 was $2,307,291 as disclosed in the filing.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Toby WilliamsDEF 14A2025-10-230001591698-25-000102Section “Summary Compensation Table”. As printed: 18,044,482. Filing ↗machine: t90 · r2 · c24 · span 674330–674340
2Section 01, Ryan GlennDEF 14A2025-10-230001591698-25-000102Section “Summary Compensation Table”. As printed: 6,306,968. Filing ↗machine: t90 · r8 · c24 · span 700826–700835
3Section 01, Joshua ScuttDEF 14A2025-10-230001591698-25-000102Section “Summary Compensation Table”. As printed: 5,139,236. Filing ↗machine: t90 · r11 · c24 · span 713962–713971
4Section 01, Melissa KingDEF 14A2025-10-230001591698-25-000102Section “Summary Compensation Table”. As printed: 4,261,415. Filing ↗machine: t90 · r14 · c24 · span 726904–726913
5Section 01, Andrew CappotelliDEF 14A2025-10-230001591698-25-000102Section “Summary Compensation Table”. As printed: 3,124,855. Filing ↗machine: t90 · r15 · c24 · span 731689–731698
6Section 01, Steven BeauchampDEF 14A2025-10-230001591698-25-000102Section “Summary Compensation Table”. As printed: 3,044,516. Filing ↗machine: t90 · r5 · c24 · span 687838–687847
7Section 03, Steven Beauchamp PSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r9 · c20 · span 812255–812262
8Section 03, Joshua Scutt RSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r16 · c20 · span 842195–842204
9Section 03, Toby Williams RSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r4 · c20 · span 791035–791044
10Section 03, Andrew Cappotelli RSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r22 · c20 · span 868018–868027
11Section 03, Melissa King RSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t78 · r3 · c5 · span 594284–594290
12Section 03, Andrew Cappotelli PSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r23 · c20 · span 872171–872178
13Section 03, Toby Williams PSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t77 · r3 · c17 · span 573892–573898
14Section 03, Steven Beauchamp PSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t77 · r4 · c17 · span 577156–577161
15Section 03, Ryan Glenn PSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r13 · c20 · span 829300–829309
16Section 03, Joshua Scutt PSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t77 · r6 · c17 · span 583276–583281
17Section 03, Ryan Glenn RSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r12 · c20 · span 825146–825155
18Section 03, Steven Beauchamp RSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r8 · c20 · span 808102–808111
19Section 03, Joshua Scutt PSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r17 · c20 · span 846348–846355
20Section 03, Andrew Cappotelli PSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t77 · r7 · c17 · span 586863–586868
21Section 03, Toby Williams PSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r5 · c20 · span 795191–795200
22Section 03, Ryan Glenn PSUDEF 14A2025-10-230001591698-25-000102Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r13 · c10 · span 827530–827535
23Section 07, pay ratioDEF 14A2025-10-230001591698-25-000102Section “CEO Pay Ratio”. As printed: 164 : 1. Filing ↗machine: span 1067871–1067874
24Section 08, Ronald V. Waters IIIDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 291,161. Filing ↗machine: t42 · r10 · c11 · span 347482–347489
25Section 08, Kenneth B. RobinsonDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 261,148. Filing ↗machine: t42 · r8 · c11 · span 342580–342587
26Section 08, Virginia G. BreenDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 258,661. Filing ↗machine: t42 · r3 · c11 · span 330895–330902
27Section 08, Robin L. PedersonDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 258,661. Filing ↗machine: t42 · r6 · c11 · span 337864–337871
28Section 08, Craig A. ConwayDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 256,161. Filing ↗machine: t42 · r4 · c11 · span 333150–333157
29Section 08, Andres D. ReinerDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 256,161. Filing ↗machine: t42 · r7 · c11 · span 340120–340127
30Section 08, Linda M. BreardDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 253,661. Filing ↗machine: t42 · r2 · c11 · span 328643–328650
31Section 08, Steven I. SarowitzDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 243,661. Filing ↗machine: t42 · r9 · c11 · span 344838–344845
32Section 08, Jeffrey T. DiehlDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 228,016. Filing ↗machine: t42 · r5 · c11 · span 335607–335614
33Section 08, Toby J. WilliamsDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 0. Filing ↗
34Section 08, Steven R. BeauchampDEF 14A2025-10-230001591698-25-000102Section “Director Compensation”. As printed: 0. Filing ↗
35Section 02, Ryan Glenn 2025-11-17Form 42025-11-180001591698-25-000122Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Steven R. Beauchamp 2025-11-17Form 42025-11-180001591698-25-000126Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Toby J. Williams 2025-11-17Form 42025-11-180001591698-25-000121Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Nicholas Rost 2025-11-17Form 42025-11-180001591698-25-000124Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Andrew Cappotelli 2025-11-17Form 42025-11-180001591698-25-000125Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Joshua Scutt 2025-11-17Form 42025-11-180001591698-25-000127Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Melissa King 2025-11-17Form 42025-11-180001591698-25-000123Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Ryan Glenn 2025-11-19Form 42025-11-200001910963-25-000011Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Ryan Glenn 2025-11-19Form 42025-11-200001910963-25-000011Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Nicholas Rost 2025-11-19Form 42025-11-200001880681-25-000015Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Andrew Cappotelli 2025-11-26Form 42025-12-010001742758-25-000011Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Andrew Cappotelli 2025-12-01Form 42025-12-020001742758-25-000013Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Andrew Cappotelli 2025-12-04Form 42025-12-050001742758-25-000015Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Steven R. Beauchamp 2025-12-11Form 42025-12-150001314830-25-000008Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Steven R. Beauchamp 2025-12-11Form 42025-12-150001314830-25-000008Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Melissa King 2026-01-02Form 42026-01-050002046429-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Toby J. Williams 2026-02-13Form 42026-02-180001591698-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Toby J. Williams 2026-02-13Form 42026-02-180001591698-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Toby J. Williams 2026-02-13Form 42026-02-180001591698-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Melissa King 2026-02-16Form 42026-02-180001591698-26-000019Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Nicholas Rost 2026-02-16Form 42026-02-180001591698-26-000021Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Joshua Scutt 2026-02-16Form 42026-02-180001591698-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Ryan Glenn 2026-02-16Form 42026-02-180001591698-26-000017Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Steven R. Beauchamp 2026-02-16Form 42026-02-180001591698-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Andrew Cappotelli 2026-02-16Form 42026-02-180001591698-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Ryan Glenn 2026-02-19Form 42026-02-230001591698-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Nicholas Rost 2026-02-19Form 42026-02-230001591698-26-000029Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Andrew Cappotelli 2026-02-19Form 42026-02-230001591698-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Joshua Scutt 2026-02-19Form 42026-02-230001591698-26-000027Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Ryan Glenn 2026-02-19Form 42026-02-230001591698-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Joshua Scutt 2026-02-19Form 42026-02-230001591698-26-000027Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Ryan Glenn 2026-02-19Form 42026-02-230001591698-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Nicholas Rost 2026-02-24Form 42026-02-260001880681-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Andrew Cappotelli 2026-03-02Form 42026-03-040001742758-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Andrew Cappotelli 2026-03-04Form 42026-03-050001742758-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Ryan Glenn 2026-03-11Form 42026-03-120001910963-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Toby J. Williams 2026-03-11Form 42026-03-120001716436-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Melissa King 2026-04-01Form 42026-04-030002046429-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Joshua Scutt 2026-05-11Form 42026-05-130001955160-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Nicholas Rost 2026-05-15Form 42026-05-190001591698-26-000051Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Andrew Cappotelli 2026-05-15Form 42026-05-190001591698-26-000049Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Ryan Glenn 2026-05-15Form 42026-05-190001591698-26-000047Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Steven R. Beauchamp 2026-05-15Form 42026-05-190001591698-26-000045Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Melissa King 2026-05-15Form 42026-05-190001591698-26-000050Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Joshua Scutt 2026-05-15Form 42026-05-190001591698-26-000048Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Toby J. Williams 2026-05-15Form 42026-05-190001591698-26-000046Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Andrew Cappotelli 2026-05-19Form 42026-05-210001591698-26-000055Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Nicholas Rost 2026-05-19Form 42026-05-210001591698-26-000054Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Ryan Glenn 2026-06-01Form 42026-06-030001591698-26-000058Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Andrew Cappotelli 2026-06-01Form 42026-06-030001591698-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Andrew Cappotelli 2026-06-04Form 42026-06-050001742758-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Melissa King 2026-07-01Form 42026-07-020002046429-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
87Section 06, 2025 voteForm 8-K2025-12-050001591698-25-000132Item 5.07 · say-on-pay result. As reported: 93.07% (votes for as printed: 41,242,588). Filing ↗
88Section 06, 2024 voteForm 8-K2024-12-090001591698-24-000416Item 5.07 · say-on-pay result. As reported: 95.54% (votes for as printed: 48,411,725). Filing ↗
89Section 06, 2022 voteForm 8-K2022-12-020001591698-22-000208Item 5.07 · say-on-pay result. As reported: 93.39% (votes for as printed: 47,749,965). Filing ↗
90Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
91Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
92Section 09b board cost (computed)ComputedcomputedCash 429,342 + equity 1,877,949 + all other 0 = 2,307,291, summed across the director compensation table rows.machine: formula: Σ = 2,307,291
93Procore Technologies, Section 10b CEO totalDEF 14A2026-04-240001193125-26-177306CEO total compensation as printed in Procore Technologies's own proxy. As printed: 77,416,665. Filing ↗machine: r4 · c32 · span 740555–740565
94Elastic N.V., Section 10b CEO totalDEF 14A2026-08-280001707753-26-000055CEO total compensation as printed in Elastic N.V.'s own proxy. As printed: 46,961,904. Filing ↗machine: span 823226–823236
95Okta, Section 10b CEO totalDEF 14A2026-05-070001660134-26-000036CEO total compensation as printed in Okta's own proxy. As printed: 36,843,718. Filing ↗machine: r2 · c18 · span 710081–710091
96The Trade Desk, Section 10b CEO totalDEF 14A2026-04-090001671933-26-000034CEO total compensation as printed in The Trade Desk's own proxy. As printed: 27,431,583. Filing ↗machine: r2 · c54 · span 418098–418108
97DocuSign, Section 10b CEO totalDEF 14A2026-04-160001261333-26-000043CEO total compensation as printed in DocuSign's own proxy. As printed: 25,650,100. Filing ↗machine: r3 · c21 · span 792273–792283
98PTC, Section 10b CEO totalDEF 14A2025-12-230001104659-25-124170CEO total compensation as printed in PTC's own proxy. As printed: 24,315,129. Filing ↗machine: span 1634675–1634685
99Paycom Software, Section 10b CEO totalDEF 14A2026-04-020001193125-26-140064CEO total compensation as printed in Paycom Software's own proxy. As printed: 22,837,152. Filing ↗machine: r3 · c32 · span 673559–673569
100Dynatrace, Section 10b CEO totalDEF 14A2026-07-100001773383-26-000031CEO total compensation as printed in Dynatrace's own proxy. As printed: 21,234,453. Filing ↗machine: r2 · c21 · span 696843–696853
101HubSpot, Section 10b CEO totalDEF 14A2026-04-270001193125-26-182210CEO total compensation as printed in HubSpot's own proxy. As printed: 20,126,620. Filing ↗machine: t36 · r5 · c24 · span 1257666–1257676
102Dayforce, Section 10b CEO totalDEF 14A2025-03-130001725057-25-000064CEO total compensation as printed in Dayforce's own proxy. As printed: 18,596,544. Filing ↗machine: t111 · r2 · c12 · span 692494–692504
103Paylocity Holding Corp (subject), Section 10b CEO totalDEF 14A2025-10-230001591698-25-000102CEO total compensation as printed in Paylocity Holding Corp's own proxy. As printed: 18,044,482. Filing ↗machine: t90 · r2 · c24 · span 674330–674340
104Manhattan Associates, Section 10b CEO totalDEF 14A2026-04-020001193125-26-140024CEO total compensation as printed in Manhattan Associates's own proxy. As printed: 16,762,928. Filing ↗machine: t17 · r6 · c12 · span 294034–294044
105Bill Holdings, Section 10b CEO totalDEF 14A2025-10-270001193125-25-251571CEO total compensation as printed in Bill Holdings's own proxy. As printed: 16,139,836. Filing ↗machine: t222 · r3 · c34 · span 972693–972703
106RingCentral, Section 10b CEO totalDEF 14A2025-12-090001384905-25-000059CEO total compensation as printed in RingCentral's own proxy. As printed: 15,491,096. Filing ↗machine: r2 · c42 · span 451975–451985
107Guidewire Software, Section 10b CEO totalDEF 14A2025-10-300001528396-25-000233CEO total compensation as printed in Guidewire Software's own proxy. As printed: 14,012,061. Filing ↗machine: r3 · c21 · span 777771–777781
108BlackLine, Section 10b CEO totalDEF 14A2026-03-250001628280-26-020925CEO total compensation as printed in BlackLine's own proxy. As printed: 11,614,676. Filing ↗machine: r2 · c54 · span 948504–948514
109Paycor HCM, Section 10b CEO totalDEF 14A2024-09-260001193125-24-226973CEO total compensation as printed in Paycor HCM's own proxy. As printed: 10,751,300. Filing ↗machine: t153 · r3 · c34 · span 575018–575028
110Smartsheet, Section 10b CEO totalDEF 14A2024-05-010001366561-24-000093CEO total compensation as printed in Smartsheet's own proxy. As printed: 10,205,886. Filing ↗machine: r2 · c48 · span 623515–623525
111Informatica, Section 10b CEO totalDEF 14A2025-04-280001628280-25-020261CEO total compensation as printed in Informatica's own proxy. As printed: 8,611,892. Filing ↗machine: span 611068–611077
112Bentley Systems, Section 10b CEO totalDEF 14A2026-04-100001104659-26-042019CEO total compensation as printed in Bentley Systems's own proxy. As printed: 4,815,961. Filing ↗machine: r1 · c39 · span 575664–575673
113Section 10a, RingCentral reciprocityDEF 14A0001384905-25-000059RingCentral's most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗
114Section 10a, HubSpot reciprocityDEF 14A0001193125-26-182210HubSpot's most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗
115Section 10a, Okta reciprocityDEF 14A0001660134-26-000036Okta's most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗
116Section 10a, BlackLine reciprocityDEF 14A0001628280-26-020925BlackLine's most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗
117Section 10a, Procore Technologies reciprocityDEF 14A0001193125-26-177306Procore Technologies names Paylocity Holding Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
118Section 10a, Guidewire Software reciprocityDEF 14A0001528396-25-000233Guidewire Software names Paylocity Holding Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
119Section 10a, The Trade Desk reciprocityDEF 14A0001671933-26-000034The Trade Desk's most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗
120Section 10a, Smartsheet reciprocityDEF 14A0001366561-24-000093Smartsheet's most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗
121Section 10a, Bentley Systems reciprocityDEF 14A0001104659-26-042019Bentley Systems's most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗
122Section 10a, Paycom Software reciprocityDEF 14A0001193125-26-140064Paycom Software names Paylocity Holding Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
123Section 10a, Bill Holdings reciprocityDEF 14A0001193125-25-251571Bill Holdings names Paylocity Holding Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
124Section 10a, Dayforce reciprocityDEF 14A0001725057-25-000064Dayforce names Paylocity Holding Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
125Section 10a, Dynatrace reciprocityDEF 14A0001773383-26-000031Dynatrace names Paylocity Holding Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
126Section 10a, DocuSign reciprocityDEF 14A0001261333-26-000043DocuSign's most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗
127Section 10a, Informatica reciprocityDEF 14A0001628280-25-020261Informatica's most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗
128Section 10a, PTC reciprocityDEF 14A0001104659-25-124170PTC's most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗
129Section 10a, Paycor HCM reciprocityDEF 14A0001193125-24-226973Paycor HCM names Paylocity Holding Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
130Section 10a, Manhattan Associates reciprocityDEF 14A0001193125-26-140024Manhattan Associates names Paylocity Holding Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
131Section 10a, Elastic N.V. reciprocityDEF 14A0001707753-26-000055Elastic N.V.'s most recent proxy was read; its disclosed peer group does not include Paylocity Holding Corp. Filing ↗