STOCK TITAN

Paychex (PAYX) CEO Gibson gets 96971 options and 14318 RSUs

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Paychex Inc President and CEO John B. Gibson reported equity changes on 2026-07-15. He received 14318 restricted stock units, subject to vesting, and a stock option for 96971 shares at $110.0000. 14083 shares were disposed of at $110.0000 to satisfy tax withholding obligations, leaving 67048 common shares held directly, plus multiple outstanding stock option grants.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Gibson John B
Role President and CEO
Type Security Shares Price Value
Grant/Award Stock Option 96,971 $110.00 $10.67M
Tax Withholding Common Stock 14,083 $110.00 $1.55M
Grant/Award Common Stock 14,318 $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 -- -- --
holding Stock Option -- -- --
Holdings After Transaction: Stock Option — 96,971 shares (Direct); Common Stock — 67,048 shares (Direct)
Footnotes (1)
  1. Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units. Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
Restricted stock units granted 14318 shares Award of restricted stock units on 2026-07-15 pursuant to the Amended and Restated 2002 Stock Incentive Plan
Shares withheld for taxes 14083 shares at $110.0000 Common Stock disposed of to satisfy tax withholding obligations upon lapse of RSU restrictions
Stock options granted 96971 underlying shares at $110.0000 Stock option on Common Stock granted 2026-07-15, exercisable 2027-07-15, expiring 2036-07-14
Common shares held after transactions 67048 shares Direct Paychex common stock holdings after 2026-07-15 Form 4 transactions
Outstanding option expiring 2035-07-14 62758 underlying shares at $140.6800 Direct stock option position on Common Stock with expiration date 2035-07-14
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 from lapse"
Amended and Restated 2002 Stock Incentive Plan financial
"pursuant to the Amended and Restated 2002 Stock Incentive Plan."

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transactions did Paychex (PAYX) CEO John B. Gibson report on 2026-07-15?

John B. Gibson reported an award of 14318 restricted stock units, a grant of 96971 stock options at $110.0000, and a tax-related disposition of 14083 shares. After these transactions, he directly held 67048 shares of Paychex common stock.

How many stock options were granted to the Paychex (PAYX) CEO and at what price?

Gibson was granted 96971 stock options on Paychex common stock with an exercise price of $110.0000 per share. These options are scheduled to become exercisable on 2027-07-15 and will expire on 2036-07-14, if not exercised earlier.

What restricted stock unit (RSU) award did Paychex (PAYX) disclose for its CEO?

The CEO received an award of 14318 restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan. These units will convert into shares of common stock only as vesting conditions are satisfied over time.

Why were 14083 Paychex (PAYX) shares disposed of in Gibson’s Form 4 filing?

The disposition of 14083 shares at $110.0000 per share was to satisfy tax withholding obligations arising from the lapse of restrictions applicable to restricted stock units. This represents tax withholding, not an open-market sale by the CEO.

How many Paychex (PAYX) common shares does the CEO hold after the reported transactions?

Following the 2026-07-15 transactions, Gibson directly held 67048 shares of Paychex common stock. In addition to these shares, he also holds multiple outstanding stock option awards covering various numbers of underlying shares with different exercise prices and expiration dates.
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*
Gibson John B

(Last)(First)(Middle)
911 PANORAMA TRAIL SOUTH

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
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 Stock07/15/2026F14,083(1)D$11067,048D
Common Stock07/15/2026A14,318(2)A$081,366D
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$11007/15/2026A96,97107/15/202707/14/2036Common Stock96,971$11096,971D
Stock Option$69.5407/11/201907/10/2028Common Stock31,65331,653D
Stock Option$85.4607/10/202007/09/2029Common Stock34,16534,165D
Stock Option$73.5307/15/202107/14/2030Common Stock39,82339,823D
Stock Option$112.6707/15/202207/14/2031Common Stock26,54726,547D
Stock Option$12501/15/202301/14/2032Common Stock2,9722,972D
Stock Option$11507/15/202307/14/2032Common Stock21,95421,954D
Stock Option$109.1910/15/202310/14/2032Common Stock20,48520,485D
Stock Option$120.8607/15/202407/14/2033Common Stock63,58363,583D
Stock Option$121.6307/15/202507/14/2034Common Stock64,12664,126D
Stock Option$140.6807/15/202607/14/2035Common Stock62,75862,758D
Explanation of Responses:
1. Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units.
2. Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
Prabha S. Bhandari, Attorney-in-fact07/17/2026
** 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)