PAYX Form 4: 8,902-share disposition; 14,767 options at $140.68
Rhea-AI Filing Summary
Adam Brooks, identified as Sr. Vice President, Paycor and an officer of Paychex Inc. (PAYX), reported a transaction dated 10/01/2025 in which he disposed of 8,902 shares of Paychex common stock at a price of $124.01. The filing states this disposition was to satisfy tax withholding obligations arising from the lapse of restrictions on restricted stock/RSUs. After the sale Mr. Brooks beneficially owns 59,603 shares. The Form 4 also shows Mr. Brooks holds 14,767 stock options with an exercise price of $140.68, exercisable beginning 07/15/2026 and expiring 07/14/2035.
Positive
- None.
Negative
- None.
Insights
Routine RSU tax-withholding sale reduced direct holdings by 8,902 shares.
This Form 4 shows a 10/01/2025 disposition of 8,902 shares at $124.01 specifically to satisfy tax withholding from the lapse of restrictions on equity awards. Such transactions are common when restricted stock vests and do not necessarily indicate voluntary market-driven selling.
The filing leaves no indication of additional open-market sales or changes in indirect ownership; the remaining direct beneficial ownership is reported as 59,603 shares.
Outstanding stock option package: 14,767 options at $140.68, exercisable 07/15/2026.
The Form 4 discloses 14,767 options with an exercise price of $140.68, exercisable starting 07/15/2026 and expiring 07/14/2035. This quantifies the remaining equity incentive exposure the reporting person holds under long-term awards.
Monitor the 07/15/2026 exercisability date as a concrete milestone for potential future exercises.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,902 | $124.01 | $1.10M |
| holding | Stock Option | -- | -- | -- |
Footnotes (1)
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