Paychex director Hansen J. Michael reports holdings
Paychex director Hansen J. Michael has filed an initial statement of beneficial ownership.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Paychex director Hansen J. Michael has filed an initial statement of beneficial ownership. As of the event date, he directly holds 624 shares of Paychex common stock.
He also directly holds a stock option covering 2,435 shares of common stock with an exercise price of $111.18 per share. This option becomes exercisable on January 19, 2027 and expires on January 18, 2036. The filing is a routine disclosure of his equity interests as a company director.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Paychex (PAYX) director Hansen J. Michael report on this Form 3?
The filing shows that Hansen J. Michael, a director of Paychex, Inc., reports his initial beneficial ownership consisting of common stock and a stock option in the company.
What stock options in Paychex (PAYX) does Hansen J. Michael hold?
He holds a stock option covering 2,435 shares of Paychex common stock, reported in Table II as a derivative security.
What is the exercise price of Hansen J. Michael’s Paychex stock option?
The reported stock option has an exercise price of $111.18 per share for the underlying Paychex common stock.
When do Hansen J. Michael’s Paychex stock options vest and expire?
The stock option becomes exercisable on January 19, 2027 and expires on January 18, 2036, as disclosed in the filing.
Is Hansen J. Michael’s ownership in Paychex direct or indirect?
The filing reports his 624 common shares and 2,435 option shares as held with direct (D) ownership and does not list any indirect ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
