Paychex CFO (NASDAQ: PAYX) sells 2,600 shares at $115.09 and reports options
Rhea-AI Filing Summary
Paychex Sr. VP and CFO Robert L. Schrader reported selling 2,600 shares of Paychex common stock on July 20, 2026 at $115.09 per share, leaving him with 18,547 directly held shares. He also reports multiple outstanding employee stock options on Paychex common stock with exercise prices including $73.53, $112.67, $115.00, $120.86, $117.98, $121.63 and $140.68, expiring between 2030 and 2036, plus 339 shares held indirectly via a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,600 shares
Net Sell
10 txns
Insider
Schrader Robert L.
Role
Sr. VP, CFO
Sold
2,600 shs ($299K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,600 | $115.09 | $299K |
| 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,547 shares (Direct);
Stock Option — 112,721 shares (Direct);
Common Stock — 339 shares (Indirect, 401(k))
Key Figures
Shares Sold: 2,600 shares
Sale Price: $115.09 per share
Direct Holdings After Sale: 18,547 shares
+4 more
7 metrics
Shares Sold
2,600 shares
Common stock sale on July 20, 2026 by CFO Robert L. Schrader
Sale Price
$115.09 per share
Price per Paychex common share in the July 20, 2026 sale
Direct Holdings After Sale
18,547 shares
Paychex common stock directly held by the CFO following the transaction
Indirect 401(k) Holdings
339 shares
Paychex common stock held indirectly via a 401(k) plan
Option Underlying Shares (2030)
16,519 shares
Underlying shares for a stock option at $73.53 expiring July 14, 2030
Option Underlying Shares (2031)
9,102 shares
Underlying shares for a stock option at $112.67 expiring July 14, 2031
Option Underlying Shares (2036)
29,553 shares
Underlying shares for a stock option at $110.00 expiring July 14, 2036
Key Terms
Stock Option, underlying security title, indirect ownership, 401(k)
4 terms
Stock Option financial
"Reports multiple outstanding Stock Option awards on Paychex common stock"
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.
underlying security title financial
"Each Stock Option lists an underlying security title of Common Stock"
indirect ownership financial
"Common Stock held with ownership type marked as indirect via a 401(k)"
401(k) financial
"339 shares of Common Stock held indirectly through a 401(k) plan"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Paychex (PAYX) CFO Robert L. Schrader report in this Form 4?
Robert L. Schrader, Paychex Sr. VP and CFO, reported selling 2,600 shares of common stock at $115.09 per share on July 20, 2026. After this sale, he directly holds 18,547 shares and also reports various outstanding employee stock options and 339 shares in a 401(k).