How Williams was paid
$23.5M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Toby J. WilliamsPresident and Chief Executive Officer | $735,437 | $21,557,447 | $1,072,267 | $108,413 | $23,473,564 |
| Ryan GlennChief Financial Officer | $479,655 | $8,231,517 | $704,206 | $78,426 | $9,493,804 |
| Joshua ScuttSenior Vice President of Sales and Marketing and Chief Sales Officer | $484,509 | $4,393,537 | $703,275 | $259,275 | $5,840,596 |
| Melissa KingSenior Vice President of Product and Technology and Chief Product and Technology Officer | $442,708 | $3,398,258 | $481,950 | $53,439 | $4,376,355 |
| Andrew CappotelliSenior Vice President of Operations and Chief Client Officer | $426,667 | $2,752,611 | $622,080 | $254,633 | $4,055,991 |
What changed and why
- $23.5MCEO total compensation was $23,473,564 in fiscal 2026, compared with $18,044,482 in fiscal 2025.
- 100%CEO and CFO fiscal 2026 annual bonuses were targeted at 100% of base salary.
- Fiscal 2026 CEO and CFO RSU grants included both two-year and four-year vesting awards.
- In July 2025, the board increased the CEO stock ownership guideline from four times to six times base salary.
- 93.1%93.1% of votes supported say-on-pay at the 2026 Annual Meeting.
- Mr. Cappotelli's other compensation included relocation expenses, housing allowances, and home security services.
Other Paylocity Holding proxy statements
- 2025 proxy statement
Toby J. Williams paid $18M (+22% on the year), pay ratio 164:1.
Filed Oct 23, 2025
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.