STOCK TITAN

Paychex (PAYX) Sr. VP reports tax withholding share disposition and option

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PAYCHEX INC senior executive Adam Brooks Ante reported a routine tax-related share disposition. On the non-derivative side, 2,678 shares of Common Stock were transferred at $102.71 per share to cover tax withholding obligations tied to vesting of restricted stock and restricted stock units. This was not an open-market sale. After this transaction, he directly holds 52,865 shares of Common Stock.

The filing also shows a Stock Option award over 14,767 underlying shares of Common Stock with an exercise price of $140.68 per share and an expiration date of July 14, 2035. These options remain outstanding as a direct holding.

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Insider ANTE ADAM BROOKS
Role Sr. Vice President, Paycor
Type Security Shares Price Value
Tax Withholding Common Stock 2,678 $102.71 $275K
holding Stock Option -- -- --
Holdings After Transaction: Common Stock — 52,865 shares (Direct, null); Stock Option — 14,767 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax withholding shares 2,678 shares Common Stock disposed to satisfy tax withholding
Tax withholding price $102.71 per share Value per share for 2,678-share tax disposition
Common shares held after 52,865 shares Direct PAYCHEX Common Stock holdings following transaction
Stock option exercise price $140.68 per share Exercise price of outstanding Stock Option
Option underlying shares 14,767 shares Underlying PAYCHEX Common Stock for Stock Option
Option expiration date July 14, 2035 Expiration of reported Stock Option award
tax withholding obligations financial
"Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions"
restricted stock units financial
"arising from lapse of restrictions applicable to restricted stock / 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.
Stock Option financial
"Stock Option over 14,767 underlying shares of Common Stock with an exercise price"
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.
Common Stock financial
"2,678 shares of Common Stock were transferred at $102.71 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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Learn about SEC filing 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*
ANTE ADAM BROOKS

(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)
Sr. Vice President, Paycor
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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 Stock07/01/2026F2,678(1)D$102.7152,865D
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$140.6807/15/202607/14/2035Common Stock14,76714,767D
Explanation of Responses:
1. Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock / restricted stock units.
Prabha S. Bhandari, Attorney-in-fact07/02/2026
** 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)

FAQ

What did Adam Brooks Ante report in this PAYCHEX (PAYX) Form 4 filing?

Adam Brooks Ante reported shares withheld for taxes and an outstanding stock option. 2,678 Common Stock shares were disposed to satisfy tax withholding on vesting equity, and he continues to hold 52,865 Common Stock shares plus options over 14,767 shares.

Was the PAYCHEX (PAYX) Form 4 transaction an open-market sale?

No, the reported transaction was not an open-market sale. The 2,678 Common Stock shares were disposed to satisfy tax withholding obligations from vesting restricted stock and restricted stock units, according to the footnote, rather than sold in the open market.

How many PAYCHEX (PAYX) shares does Adam Brooks Ante hold after this Form 4?

After the transaction, Adam Brooks Ante holds 52,865 shares of PAYCHEX Common Stock directly. In addition, he has a Stock Option outstanding that is exercisable for 14,767 underlying shares of Common Stock, providing further potential equity exposure.

What price and amount were involved in the PAYCHEX (PAYX) tax withholding disposition?

The filing shows 2,678 shares of PAYCHEX Common Stock disposed at $102.71 per share. This disposition covered tax withholding obligations arising from the lapse of restrictions on restricted stock and restricted stock units, as described in the accompanying footnote.

What are the key terms of Adam Brooks Ante’s PAYCHEX (PAYX) stock option?

The Form 4 lists a Stock Option over 14,767 underlying PAYCHEX Common Stock shares. The option has an exercise price of $140.68 per share and an expiration date of July 14, 2035, and is reported as a direct holding by the executive.

What role does Adam Brooks Ante hold at PAYCHEX (PAYX)?

Adam Brooks Ante is identified as a senior officer of PAYCHEX, serving as Sr. Vice President, Paycor. His Form 4 filing reflects personal equity activity in PAYCHEX Common Stock and related derivative awards tied to his executive compensation.