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Paychex director Joseph Doody transfers 725 shares

A Paychex director’s awards include restricted stock units subject to vesting and options with an exercise date of October 15, 2027.

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Form Type
4

Rhea-AI Filing Summary

Paychex Inc. director Joseph Doody reported a transfer of 725 common shares to the Joseph G. Doody Revocable Living Trust on October 16, 2026. On October 15, 2026, he received 970 restricted stock units, subject to vesting under the Amended and Restated 2002 Stock Incentive Plan, and a grant of 4,040 stock options at a $110.78 exercise price. The options have a stated exercise date of October 15, 2027, and expire October 14, 2036.

Insider DOODY JOSEPH
Role Director
Type Security Shares Price Value
Other Common Stock F2 725 $0.00 $0.00
Grant/Award Stock Option 4,040 $110.78 $448K
Grant/Award Common Stock F1 970 $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 Common Stock - Family Trust -- -- --
holding Common Stock - Family Trust -- -- --
Holdings After Transaction: Stock Option — 36,328 contracts for 32,288 underlying shares (Direct); Common Stock — 970 shares (Direct); Common Stock - Family Trust — 24,647 shares (Indirect, Joseph G. Doody Revocable Living Trust); Common Stock - Family Trust — 1,000 shares (Indirect, Margaret Weiss Doody Revocable Living Trust)
Footnotes (2)
  1. F1. Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
  2. F2. Shares were transferred to the Joseph G. Doody Revocable Living Trust.
Common shares transferred 725 shares Transferred to the Joseph G. Doody Revocable Living Trust on October 16, 2026.
Restricted stock units awarded 970 units Awarded October 15, 2026, subject to vesting.
Stock options granted 4,040 underlying shares Awarded October 15, 2026; exercise date October 15, 2027; expiration date October 14, 2036.
Exercise price $110.78 per share Stock option award on October 15, 2026.
Common shares held in trust 24,647 shares Joseph G. Doody Revocable Living Trust, as of October 15, 2026.
Common shares held in trust 1,000 shares Margaret Weiss Doody Revocable Living Trust, as of October 15, 2026.
Underlying shares in listed option position 7,929 shares Direct option position with an $85.33 exercise price, expiring July 10, 2029.
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 Option financial
"Stock Option award with a $110.78 exercise price"
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.
exercise price financial
"options at a $110.78 exercise price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
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 transactions did PAYX director Joseph Doody report?

Joseph Doody reported a transfer of 725 common shares to the Joseph G. Doody Revocable Living Trust on October 16, 2026, as well as awards on October 15, 2026, of 970 restricted stock units and 4,040 stock options. The restricted stock units are subject to vesting.

Which option positions are listed for PAYX director Joseph Doody?

The listed direct option positions include 7,929 underlying shares at $85.33, expiring July 10, 2029; 5,793 at $73.53, expiring July 14, 2030; 5,075 at $112.67, expiring July 14, 2031; 3,027 at $115.00, expiring July 14, 2032; 3,382 at $120.86, expiring July 14, 2033; 3,351 at $121.63, expiring July 14, 2034; 670 at $140.68, expiring July 14, 2035; and 3,061 at $127.52, expiring October 14, 2035.

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

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SEC Form 4
FORM 4UNITED 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*
DOODY JOSEPH

(Last)(First)(Middle)
4285 DEEPHAVEN LANE

(Street)
NAPLES FLORIDA 34119

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock10/15/2026A970(1)A$01,695D
Common Stock10/16/2026J725(2)D$0970D
Common Stock - Family Trust24,647IJoseph G. Doody Revocable Living Trust
Common Stock - Family Trust1,000IMargaret Weiss Doody Revocable Living Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option$110.7810/15/2026A4,04010/15/202710/14/2036Common Stock4,040$110.784,040D
Stock Option$85.3307/11/202007/10/2029Common Stock7,9297,929D
Stock Option$73.5307/15/202107/14/2030Common Stock5,7935,793D
Stock Option$112.6707/15/202207/14/2031Common Stock5,0755,075D
Stock Option$11507/15/202307/14/2032Common Stock3,0273,027D
Stock Option$120.8607/15/202407/14/2033Common Stock3,3823,382D
Stock Option$121.6307/14/202507/14/2034Common Stock3,3513,351D
Stock Option$140.6807/15/202607/14/2035Common Stock670670D
Stock Option$127.5210/15/202610/14/2035Common Stock3,0613,061D
Explanation of Responses:
1. Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
2. Shares were transferred to the Joseph G. Doody Revocable Living Trust.
Todd Card, Attorney-in-fact10/16/2026
** Signature of Reporting PersonDate
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)

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