Paychex (PAYX) holder files Form 144 to sell 2,615 vested shares
Rhea-AI Filing Summary
A shareholder of Paychex, Inc. (PAYX) has filed a notice of proposed sale of 2,615 shares of common stock to be sold through Fidelity Brokerage Services LLC on NASDAQ, with an indicated aggregate value of $303,130.80.
The shares relate to restricted stock vesting events from the issuer, including 523 shares vesting on 08/15/2025, 67 shares vesting on 10/15/2025, and 2,025 shares vesting on 07/15/2026, which together correspond to the shares proposed for sale.
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Key Figures
Shares proposed for sale: 2,615 shares
Aggregate value: $303,130.80
Vesting tranche 1: 523 shares
+2 more
5 metrics
Shares proposed for sale
2,615 shares
Common stock to be sold through Fidelity on NASDAQ
Aggregate value
$303,130.80
Total value of 2,615 PAYX shares proposed for sale
Vesting tranche 1
523 shares
Restricted stock vesting on 08/15/2025
Vesting tranche 2
67 shares
Restricted stock vesting on 10/15/2025
Vesting tranche 3
2,025 shares
Restricted stock vesting on 07/15/2026
Key Terms
Form 144, Restricted Stock Vesting, aggregate value, Fidelity Brokerage Services LLC
4 terms
Form 144 regulatory
"A shareholder has filed a Form 144 notice of proposed sale"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Common | 08/15/2025 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
aggregate value financial
"with an indicated aggregate value of $303,130.80"
Fidelity Brokerage Services LLC financial
"Common | Fidelity Brokerage Services LLC 900 Salem Street"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the PAYX Form 144 filing disclose about planned stock sales?
The filing discloses a planned sale of 2,615 Paychex (PAYX) common shares through Fidelity Brokerage Services LLC on NASDAQ, with an aggregate value of $303,130.80, as part of a notice required for certain affiliates' sales.
What is the total dollar value of PAYX stock proposed to be sold in this Form 144?
The filer indicates an aggregate value of $303,130.80 for the 2,615 Paychex common shares proposed to be sold on NASDAQ through Fidelity Brokerage Services LLC.