Paychex (PAYX) CPO gets 23,088 options and 3,409 RSUs awarded

Rhea-AI Filing Summary

Paychex Chief Product Officer Ryan Norman Bergstrom reported equity compensation changes on July 15, 2026. He was awarded restricted stock units covering 3,409 shares, subject to vesting, under the Amended and Restated 2002 Stock Incentive Plan and a stock option for 23,088 shares with an exercise price of $110.00 expiring July 14, 2036. To satisfy tax withholding from RSU vesting, 303 shares were withheld at $110.00. After these transactions he directly owns 41,279 shares of Paychex common stock and holds options over 14,767 shares at an exercise price of $140.68 expiring July 14, 2035, in addition to the new grant.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider BERGSTROM RYAN NORMAN

Role Chief Product Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option	23,088	$110.00	$2.54M
Tax Withholding	Common Stock	303	$110.00	$33K
Grant/Award	Common Stock	3,409	$0.00	--
holding	Stock Option	--	--	--

Holdings After Transaction: Stock Option — 23,088 shares (Direct); Common Stock — 41,279 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.

Key Figures

Restricted stock units awarded: 3,409 shares Stock options granted: 23,088 shares at $110.00 Shares withheld for taxes: 303 shares at $110.00 +2 more

5 metrics

Restricted stock units awarded 3,409 shares Award of RSUs subject to vesting on July 15, 2026

Stock options granted 23,088 shares at $110.00 New stock option grant exercisable from July 15, 2027, expiring July 14, 2036

Shares withheld for taxes 303 shares at $110.00 Shares withheld to satisfy tax withholding on RSU vesting

Common shares held after transactions 41,279 shares Direct ownership of Paychex common stock following reported transactions

Existing stock option position 14,767 shares at $140.68 Outstanding stock option expiring July 14, 2035

Key Terms

restricted stock units, tax withholding obligations, Amended and Restated 2002 Stock Incentive Plan, Stock Option

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 from lapse of restrictions"

Amended and Restated 2002 Stock Incentive Plan financial

"Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan."

Stock Option financial

"Stock Option reported as a derivative security with underlying 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.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/17/2026 - 04:01 PM Accepted by SEC EDGAR 07/17/2026 - 04:00 PM Learn about SEC filing dates

FAQ

What insider transactions did Paychex (PAYX) executive Ryan Bergstrom report on July 15, 2026?

Ryan Bergstrom, Paychex’s Chief Product Officer, reported an equity award of 3,409 restricted stock units, a new stock option for 23,088 shares at $110.00, and a 303-share tax-withholding disposition related to RSU vesting.

How many Paychex (PAYX) shares does Ryan Bergstrom own after these transactions?

After the reported transactions, Ryan Bergstrom directly owns 41,279 shares of Paychex common stock. He also holds stock options over 23,088 shares at $110.00 from the new grant and 14,767 shares at $140.68 from an existing option award.

What equity awards did Paychex (PAYX) grant to Ryan Bergstrom on July 15, 2026?

On July 15, 2026, Bergstrom received an award of 3,409 restricted stock units, subject to vesting, and a stock option covering 23,088 shares with an exercise price of $110.00, vesting beginning July 15, 2027 and expiring July 14, 2036.

Why did Paychex (PAYX) insider Ryan Bergstrom dispose of 303 shares?

The 303-share disposition was not an open-market sale. The shares were withheld to satisfy tax withholding obligations arising from the lapse of restrictions on restricted stock units, at an indicated price of $110.00 per share.

Are Ryan Bergstrom’s Paychex (PAYX) transactions reported under a Rule 10b5-1 trading plan?

The report does not indicate use of a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is not checked, and the footnotes describing the RSU and tax-withholding transactions do not reference any trading plan arrangement.

SEC Form 4

FORM 4

UNITED 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^*

BERGSTROM RYAN NORMAN

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Product Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/15/2026		F		303(1)	D	$110	41,279	D
Common Stock	07/15/2026		A		3,409(2)	A	$0	44,688	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$110	07/15/2026		A		23,088		07/15/2027	07/14/2036	Common Stock	23,088	$110	23,088	D
Stock Option	$140.68							07/15/2026	07/14/2035	Common Stock	14,767		14,767	D

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-fact	07/17/2026
	** Signature of Reporting Person	Date
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)