Paylocity shareholders approve equity plan increase and elect all 10 directors
At its annual meeting on December 4, 2025, Paylocity stockholders elected all ten director nominees and approved an amended 2023 Equity Incentive Plan that adds 444,000 shares authorized for issuance. Stockholders also ratified KPMG LLP as the independent auditor for fiscal 2026 and approved executive compensation on an advisory basis. These are routine annual-meeting votes, but the plan change increases the shares available for equity awards and removes certain share recycling provisions.
Key points
- Equity plan: 444,000 more shares authorized; 42,518,831 votes for, 1,703,482 against, 89,999 abstentions
- Say-on-pay: 41,242,588 votes for and 2,979,270 against the named executive officer compensation
- Directors: all ten nominees elected; Kenneth B. Robinson had the most votes withheld at 4,081,664
- Auditor: KPMG LLP ratified for fiscal year ending June 30, 2026 with 47,810,256 votes for
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 05, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.