Paychex SVP granted RSUs and stock options
Paychex Inc. senior vice president Chad C. Parodi reported equity compensation changes.
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Form Type
4
Rhea-AI Filing Summary
Paychex Inc. senior vice president Chad C. Parodi reported equity compensation changes. He received 2,727 restricted stock units, subject to vesting, and a new stock option for 18,471 shares at $110.00, exercisable beginning 2027-07-15 and expiring 2036-07-14. To cover taxes on vesting RSUs, 300 shares were withheld at $110.00, leaving him with 8,763 common shares held directly, plus multiple outstanding stock option awards.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Parodi Chad C
Role
SVP, HCM, PEO & Insurance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 18,471 | $110.00 | $2.03M |
| Tax Withholding | Common Stock F1 | 300 | $110.00 | $33K |
| Grant/Award | Common Stock F2 | 2,727 | $0.00 | $0.00 |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Stock Option — 50,251 contracts for 31,780 underlying shares (Direct);
Common Stock — 8,763 shares (Direct)
Footnotes (2)
- F1. Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units.
- F2. Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
Key Figures
Restricted stock units granted: 2727.0000 shares
Stock options granted: 18471.0000 shares at $110.0000
Shares withheld for tax: 300.0000 shares at $110.0000
+4 more
7 metrics
Restricted stock units granted
2727.0000 shares
Award of restricted stock units on 2026-07-15, subject to vesting
Stock options granted
18471.0000 shares at $110.0000
New stock option award on 2026-07-15, exercisable 2027-07-15 to 2036-07-14
Shares withheld for tax
300.0000 shares at $110.0000
Disposition to satisfy tax withholding obligations on RSU vesting on 2026-07-15
Common shares held after transaction
6036.0000 shares
Direct Paychex common stock holdings following 2026-07-15 transactions
Existing option position 1
11813.0000 shares at $140.6800
Stock option over 11,813 underlying shares expiring 2035-07-14
Existing option position 2
13192.0000 shares at $121.6300
Stock option over 13,192 underlying shares expiring 2034-07-14
Existing option position 3
6775.0000 shares at $119.7200
Stock option over 6,775 underlying shares expiring 2034-01-14
Key Terms
restricted stock units, tax withholding obligations, Stock Option, Amended and Restated 2002 Stock Incentive Plan
4 terms
restricted stock units financial
"lapse of restrictions applicable to restricted stock units."
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.
tax withholding obligations financial
"Disposition of shares to satisfy tax withholding obligations arising"
Stock Option financial
"security_title": "Stock Option", "transaction_date": "2026-07-15""
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.
Amended and Restated 2002 Stock Incentive Plan financial
"pursuant to the Amended and Restated 2002 Stock Incentive Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Paychex (PAYX) SVP Chad C. Parodi receive on July 15, 2026?
Chad C. Parodi received 2,727 restricted stock units and a new stock option for 18,471 shares at $110.00 per share, exercisable beginning 2027-07-15 and expiring 2036-07-14, as part of his equity compensation.
What are Chad Parodi’s Paychex (PAYX) common stock holdings after these transactions?
Following the July 15, 2026 transactions, Chad C. Parodi directly holds 6,036 shares of Paychex common stock. This figure reflects the net position after the award of restricted stock units and the 300-share tax-withholding disposition.
What are the terms of Chad Parodi’s new Paychex (PAYX) stock option grant?
Chad C. Parodi was granted a stock option for 18,471 shares of Paychex common stock at an exercise price of $110.00 per share, exercisable starting 2027-07-15 and expiring on 2036-07-14, reported as held directly.
Under what plan were Chad Parodi’s Paychex (PAYX) restricted stock units awarded?
The 2,727 restricted stock units awarded to Chad C. Parodi are described as an award of RSUs, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan, according to the explanatory footnote in the filing.
What existing Paychex (PAYX) stock options does Chad Parodi hold besides the new grant?
Chad C. Parodi holds several existing stock options, including options over 11,813 shares at $140.68, 13,192 shares at $121.63, and 6,775 shares at $119.72 per share, with expiration dates in 2034 and 2035, all reported as directly owned.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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