Good morning, and thank you for joining our Annual Meeting of Stockholders, which is being held virtually through a live webcast this year. I'm Toby Williams, President and CEO of Paylocity Holding Corporation. I will act as Chairman of this Annual Meeting of Stockholders, and I would like to call the meeting to order. This meeting is being held pursuant to the Notice of Annual Meeting provided to all of the company's stockholders. I would now like to introduce the other members of the Board of Directors and Executive Officers of the company who are present today virtually: Steve Beauchamp, Executive Chairman, Linda Breard, Virginia Breen, Robin Pederson, Andres Reiner, Ken Robinson, Steve Sarowitz, Ron Waters, and Ryan Glenn, CFO. I would also like to introduce the representatives of KPMG, the company's independent registered public accounting firm, who are present today: Rob Skubic, Audit Partner, and Raissa van Diepen, Audit Senior Manager. We will follow the meeting agenda as shown on the slide. The rules of conduct are posted under the Meeting Materials section. We ask that all stockholders review and abide by these rules when submitting any questions during the meeting. Stockholders that would like to submit a question can do so by typing and submitting the questions where indicated on the annual meeting portal. Stockholders that would like to vote online can do so also using the portal. As a reminder, only stockholders as of the record date of October 7, 2025, can submit a question and vote their shares. A representative from Broadridge Financial Services has been appointed and previously sworn in to act as Inspector of Election for the meeting. Amber Livingston, the company's General Counsel, has been appointed to act as Secretary of the meeting to record the minutes and will also act as the meeting administrator. The Inspector of Election has been requested to determine the number of shares present at the meeting and report to Amber the number of shares represented prior to the voting. I will now ask Amber for the report on the shares present at this meeting. Mr. Chairman, a list of holders of common stock of the company at the close of business on October 7, 2025, which was the record date for this meeting, is available for examination by any stockholder present or by any proxy representing a stockholder. Copies of the Notice of Internet Availability and the Notice of this Meeting, the Proxy Statement, and the company's annual report for the year ended June 30, 2025, together with a declaration as to the mailing of these materials to each stockholder of record at the close of business on October 7, 2025, are also available for inspection by any stockholder present. Only holders of common stock on the record date are entitled to vote at this meeting. At the close of business on October 7, 2025, 54,381,598 shares of common stock of the company were outstanding. We have a preliminary report indicating that immediately prior to the commencement of the meeting, the holders of not less than 48,059,055 shares of common stock, or approximately 88% of shares outstanding on the record date, are represented at this meeting in person or by proxy. Therefore, a quorum is present, and the meeting is authorized to conduct business. Thank you, Amber. At this time, we will consider the items of business on the agenda. The first matter to be considered at today's meeting, which is further described in the Proxy Statement, is the election of 10 directors to hold office for a one-year term or until their respective successors are elected and qualified. The Board of Directors has nominated Steven Beauchamp, Linda Breard, Virginia Breen, Craig Conway, Robin Pederson, Andres Reiner, Kenneth Robinson, Steven Sarowitz, Ronald Waters, and Toby Williams, each of whom currently serves as a director for election. The company's bylaws include an advance notice provision for the nomination of directors. Since the company did not receive any other nominations for director, the only nominees are Mr. Beauchamp, Ms. Breard, Ms. Breen, Mr. Conway, Mr. Pederson, Mr. Reiner, Mr. Robinson, Mr. Sarowitz, Mr. Waters, and Mr. Williams. The second matter to be considered at the meeting is a proposal to ratify the appointment of KPMG as the company's independent registered public accounting firm for the fiscal year ending June 30, 2026. The affirmative vote of a majority of the shares of common stock present in person or by proxy and voting at the meeting is required to approve this proposal. The third matter to be considered at today's meeting is an advisory or non-binding vote to approve the compensation of the named executive officers disclosed in the Proxy Statement. The affirmative vote of a majority of the shares of common stock present in person or by proxy and entitled to vote at the meeting is required to approve this proposal. The fourth matter to be considered at this meeting is to approve the amended and restated 2023 Equity Incentive Plan, which is adopted by our Board of Directors upon the recommendation of the Compensation Committee. The affirmative vote of a majority of the shares of common stock present in person or by proxy and voting at the meeting is required to approve this proposal. Each of these proposals is described in detail in the Proxy Statement. It is currently 8:34 A.M. Central Time, and the polls are now open. If you have already sent in a proxy, there is no need for you to cast a ballot unless you wish to change the vote you made on the proxy. The proxy holders will vote your shares as indicated on the proxy. If any of you have not already sent your proxy card in and voted and now wish to vote using the online portal, you may do so now by clicking the Vote Here button on your screen. It is currently 8:35 A.M. Central Time, and the polls are now closed. The Inspector of Election will tally the preliminary voting results. After the votes have been counted, the Secretary will report the preliminary results of the vote. We will now hear the report from the Secretary of the meeting regarding the preliminary results of the voting. Amber? Mr. Chairman, the preliminary report of the Inspector of Election indicates that Mr. Beauchamp has received an affirmative vote of 98% of shares represented at this meeting. Ms. Breard has received an affirmative vote of approximately 99% of shares. Ms. Breen has received an affirmative vote of approximately 97% of shares. Mr. Conway has received an affirmative vote of approximately 97% of shares. Mr. Pederson has received an affirmative vote of approximately 99% of shares. Mr. Reiner has received an affirmative vote of approximately 97% of shares. Mr. Robinson has received an affirmative vote of approximately 91% of shares. Mr. Sarowitz has received an affirmative vote of approximately 99% of shares. Mr. Waters has received an affirmative vote of approximately 96%, and Mr. Williams has received an affirmative vote of approximately 99% of shares for election as directors. No other persons received votes. The proposal to ratify the appointment of KPMG as the company's independent registered public accounting firm for the fiscal year ending June 30, 2026, has received an affirmative vote of approximately 99% of shares represented at this meeting. The proposal to approve the compensation of the company's named executive officers has received an affirmative vote of approximately 93% of shares represented at this meeting. The proposal to approve the amended and restated 2023 Equity Incentive Plan has received an affirmative vote of approximately 96% of shares represented at this meeting. The results of the voting are as follows: Steven Beauchamp, Linda Breard, Virginia Breen, Craig Conway, Robin Pederson, Andres Reiner, Kenneth Robinson, Steven Sarowitz, Ronald Waters, and Toby Williams have been elected as directors of the company. The ratification of the appointment of KPMG as the company's independent registered public accounting firm for the fiscal year ending June 30, 2026, has been approved. The compensation of the company's named executive officers has been approved. The amended and restated 2023 Equity Incentive Plan has been approved. The final results will be reported in a Form 8-K filing within four business days following this meeting. Thank you, Amber. This concludes our formal portion of the meeting. The 2026 Annual Meeting of Shareholders is hereby adjourned. We would now like to open the meeting for any questions. Amber, do we have any questions submitted by our stockholders? We do not have any questions. You may contact our Investor Relations team following the meeting if you have additional questions. Thank you, Amber. I would like to thank all of you for your interest and attendance at this meeting, and I hope everyone has a great day. Thank you. This now concludes the meeting. Thank you for joining, and have a pleasant day.