Paychex Chairman Martin Mucci receives stock awards

The chairman's reported common-stock position after the RSU award was 436,028 shares; the new options carry a $110.78 exercise price.

Rhea-AI Filing Summary

Paychex Inc. Chairman Martin Mucci received 1,137 restricted stock units on October 15, 2026, subject to vesting under the Amended and Restated 2002 Stock Incentive Plan. He also received 4,735 stock options with a $110.78 exercise price, an exercise date of October 15, 2027, and an expiration date of October 14, 2036. His reported common-stock holdings following the RSU award were 436,028 shares.

Insider Trade Summary

Grant/Award: 5,872 shares

Grant/Award 11 txns

Insider MUCCI MARTIN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option	4,735	$110.78	$525K
Grant/Award	Common Stock F1	1,137	$0.00	$0.00
holding	Stock Option	--	--	--
holding	Stock Option	--	--	--
holding	Stock Option	--	--	--
holding	Stock Option	--	--	--
holding	Stock Option	--	--	--
holding	Stock Option	--	--	--
holding	Stock Option	--	--	--
holding	Stock Option	--	--	--
holding	Stock Option	--	--	--

Holdings After Transaction: Stock Option — 698,298 contracts for 693,563 underlying shares (Direct); Common Stock — 436,028.3318 shares (Direct)

Footnotes (1)

1. F1. Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.

Key Figures

Restricted stock units awarded: 1,137 shares Stock options awarded: 4,735 stock options Exercise price: $110.78 per share +2 more

5 metrics

Restricted stock units awarded 1,137 shares Awarded October 15, 2026, subject to vesting

Stock options awarded 4,735 stock options Awarded October 15, 2026

Exercise price $110.78 per share For the stock options awarded October 15, 2026

Common-stock holdings following award 436,028 shares Reported following the October 15, 2026 restricted stock unit award

Underlying shares in remaining options 179,191 shares Direct stock options with a $69.54 exercise price, expiring July 10, 2028

Key Terms

restricted stock units, vesting, Stock Incentive Plan, Stock Option

4 terms

restricted stock units financial

"Award of restricted stock units, subject to vesting"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting financial

"restricted stock units, subject to vesting"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Stock Incentive Plan financial

"Amended and Restated 2002 Stock Incentive Plan"

A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.

Stock Option financial

"Stock Option awarded October 15, 2026"

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What awards did PAYX Chairman Martin Mucci receive?

On October 15, 2026, Martin Mucci received 1,137 restricted stock units, subject to vesting, and 4,735 stock options with an exercise price of $110.78. The options have an exercise date of October 15, 2027, and expire October 14, 2036.

How many common shares did Martin Mucci hold after the PAYX award?

Following the award on October 15, 2026, Martin Mucci's reported common-stock holdings were 436,028 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/16/2026 - 04:00 PM EDT Accepted by SEC EDGAR 10/16/2026 - 04:00 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MUCCI MARTIN

(Last) (First) (Middle)

911 PANORAMA TRAIL S.

(Street)

ROCHESTER NEW YORK 14625

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PAYCHEX INC [ PAYX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/15/2026		A		1,137(1)	A	$0	436,028.3318	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$110.78	10/15/2026		A		4,735		10/15/2027	10/14/2036	Common Stock	4,735	$110.78	4,735	D
Stock Option	$69.54							07/11/2019	07/10/2028	Common Stock	179,191		179,191	D
Stock Option	$85.46							07/10/2020	07/09/2029	Common Stock	195,228		195,228	D
Stock Option	$73.53							07/15/2021	07/14/2030	Common Stock	195,428		195,428	D
Stock Option	$112.67							07/15/2022	07/14/2031	Common Stock	108,086		108,086	D
Stock Option	$109.19							10/15/2023	10/14/2032	Common Stock	3,299		3,299	D
Stock Option	$120.86							07/15/2024	07/14/2033	Common Stock	3,985		3,985	D
Stock Option	$121.63							07/15/2025	07/14/2034	Common Stock	3,949		3,949	D
Stock Option	$140.68							07/15/2026	07/14/2035	Common Stock	790		790	D
Stock Option	$127.52							10/15/2026	10/14/2035	Common Stock	3,607		3,607	D

Explanation of Responses:

1. Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.

	Todd Card, Attorney-in-fact	10/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)