Paychex Inc (PAYX) chair gifts 9,309 shares to family foundation
Rhea-AI Filing Summary
Paychex Inc chairman and director Martin Mucci reported a bona fide gift of 9,309 shares of common stock on 2026-07-17, valued at $113.9819 per share, to The Mucci Family Foundation. After this gift, he directly holds 434,891.3318 common shares plus multiple outstanding stock option awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,309 shares
Net Sell
10 txns
Insider
MUCCI MARTIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 9,309 | $113.9819 | $1.06M |
| 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:
Common Stock — 434,891.3318 shares (Direct);
Stock Option — 693,563 shares (Direct)
Footnotes (1)
- F1. Shares were gifted to The Mucci Family Foundation.
Key Figures
Gifted shares: 9,309 shares
Reported value per share: $113.9819
Shares held after gift: 434,891.3318 shares
+4 more
7 metrics
Gifted shares
9,309 shares
Bona fide gift of Paychex common stock on 2026-07-17
Reported value per share
$113.9819
Value per gifted Paychex common share on 2026-07-17
Shares held after gift
434,891.3318 shares
Direct Paychex common stock ownership following the gift
Option exercise price
$69.5400
Stock option on Paychex common stock expiring 2028-07-10
Underlying shares at $69.5400
179,191 shares
Common shares underlying one stock option award
Highest option exercise price
$140.6800
Stock option expiring 2035-07-14 on Paychex common stock
Gift transaction code
G
SEC Form 4 code for bona fide gift disposition
Key Terms
Bona fide gift, Stock Option, underlying security shares, Rule 10b5-1, +1 more
5 terms
Bona fide gift financial
"Transaction code G is described as a bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Stock Option financial
"Multiple entries list Stock Option with underlying common shares"
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.
Rule 10b5-1 regulatory
"The filing includes a Rule 10b5-1 trading plan checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
direct ownership financial
"Ownership type for the reported holdings is coded as direct"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Paychex (PAYX) chairman Martin Mucci report?
Martin Mucci reported a bona fide gift of 9,309 Paychex common shares on 2026-07-17. The shares were transferred at a reported value of $113.9819 per share and classified as a gift transaction rather than an open-market sale.
What Paychex (PAYX) stock options does Martin Mucci currently hold?
He holds several stock option awards on Paychex common stock, with exercise prices ranging from $69.5400 to $140.6800 per share. These options cover various underlying share amounts and have expiration dates between 2028 and 2035, indicating long-dated incentive grants.