---
schema_version: "secwatch.filing_event.v1"
accession: "0001591698-24-000181"
form_type: "8-K/A"
ticker: "PCTY"
cik: "0001591698"
company_name: "Paylocity Holding Corp"
filed_at: "2024-08-19T23:59:59+00:00"
generated_at: "2026-05-31T08:40:32.288529+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Paylocity sets executive chairman equity target at $2M for FY2025

## Summary
- Compensation Committee set equity award target value for Steven Beauchamp as Executive Chairman on Aug 15, 2024.
- Target value: $2,000,000 in FY2025 equity awards.
- Allocation: 50% time-vesting RSUs, 17% MSUs (TSR vs Russell 3000), 33% PSUs (recurring revenue targets).
- This amends prior 8-K filed Aug 1, 2024 regarding Beauchamp's appointment.

## SEC filing metadata
- accession: 0001591698-24-000181
- form_type: 8-K/A
- ticker: PCTY
- cik: 0001591698
- company_name: Paylocity Holding Corp
- filed_at: 2024-08-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591698/000159169824000181/0001591698-24-000181-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591698/000159169824000181/pcty-20240726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001591698-24-000181
- JSON: https://secwatch.observer/filing/0001591698-24-000181.json
- Plain text: https://secwatch.observer/filing/0001591698-24-000181.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.